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Corporate News 17 Jul 2018 | 12:00 AM Premium

Maybank Investment remains positive on IGB REIT’s resilient earnings

PETALING JAYA: Maybank Investment Research says IGB Real Estate Investment Trust’s 2Q18 results and second interim net dividend per unit of 2.14 sen are within expectation.

Business 26 Nov 2015 | 12:00 AM Premium

IGB earnings surges 37.6% to RM45mil in third quarter

PETALING JAYA: Property developer IGB Corp Bhd’s net profit surged 37.6% to RM45mil for the third quarter ended Sept 30 from RM32.8mil a year ago, on higher contributions from its property investment-retail and hotel divisions.

Business 20 Jun 2013 | 12:00 AM Premium

IGB buys into property firm, takes up controlling stake in Johor-based developer

KUALA LUMPUR: IGB Corp Bhd has bought a controlling stake in a privately-held property firm based in Johor for RM33mil cash.

Business 31 Jul 2013 | 8:24 AM Premium

CIMB Research maintains IGB REIT target price at RM1.59

CIMB Equities Research is maintaining its target price of RM1.59 for IGB Real Estate Investment Trust (REIT) after its financial results for the first half ended June 30, 2013 (H1, 2013) were within expectations.

Business 26 Feb 2013 | 12:00 AM Premium

IGB shares unaffected by disqualification from Taipei project

IGB Corporation Bhd's share price was unaffected on Tuesday by the recent disqualification of its joint venture in a multi-billion ringgit Taipei land development project.

Business 09 May 2014 | 10:07 AM Premium

IGB Corp JV invests RM314m in London property

KUALA LUMPUR: IGB Corporation Bhd's 50:50 joint venture company Black Pearl Ltd is buying Blackfriars Ltd, which owns property in southwest London.

Business 24 Nov 2016 | 12:00 AM Premium

One-off gain propels IGB profit

PETALING JAYA: Earnings of property developer IGB Corp Bhd saw a three-fold increase to RM148.1mil for the third quarter ended Sept 30, 2016 compared to the same quarter a year ago due to higher contributions from the property development, property investment-retail and hotel divisions.

Business 21 Oct 2014 | 12:00 AM Premium

Goldis offer for IGB turns unconditional

KUALA LUMPUR: Goldis Bhd’s takeover of IGB Corp at RM2.88 a share has become unconditional after it held more than 50% stake.

Business 22 Oct 2012 | 12:00 AM Premium

IGB REIT sees 9.23% stake traded off-market

IGB Real Estate Investment Trust (IGB REIT) saw 313.89 million units transacted in several off-market deals on Monday.

Business 30 Jul 2013 | 6:20 PM Premium

IGB REIT posts RM50.7m net profit in Q2

IGB Real Estate Investment Trust (REIT) posted net profit of RM50.72mil in the second quarter ended June 30, 2013.