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IGB REIT appoints Robert Tan as chair, Elizabeth Tan as interim CEO

KUALA LUMPUR: IGB Real Estate Investment Trust (REIT) and IGB Commercial REIT have announced that Datuk Seri Robert Tan Chung Meng will succeed Tan Sri Lin See Yan as non-executive chairman of the board, effective Jan 1, 2024. ....

Kuala Lumpur , Sdn Bhd , Antony Patrick Barragry , Elizabeth Tan , Chung Meng , Real Estate Investment , Estate Investment , Datuk Seri Robert Tan Chung Meng , Tan Sri Lin See Yan , Elizabeth Tan Hui Ning , Patrick Barragry , Corporate News , Igb Reit ,

Infomina, Genting Malaysia, PetChem, Axiata, Sunway, Affin Bank, DNeX, IOI Corp, Sarawak Oil Palms, Uchi Technologies, Bintulu Port, IJM Corp, Chin Hin, OM Holdings, Bintai Kinden, TNB and IGB

Here is a brief recap of some corporate announcements that made the news on Friday (Nov 25) involving Infomina Bhd, Genting Malaysia Bhd, Petronas Chemicals Group Bhd, Axiata Group Bhd, Sunway Bhd, Affin Bank Bhd, Dagang NeXchange Bhd, IOI Corp Bhd, Sarawak Oil Palms Bhd, Uchi Technologies Bhd, Bintulu Port Holdings Bhd, IJM Corp Bhd, Chin Hin Group Bhd, OM Holdings Ltd, Bintai Kinden Corp Bhd, Tenaga Nasional Bhd and IGB Bhd. ....

Kuala Lumpur , Dagang Nexchange Bhd Dne , Bintai Kinden , Chung Meng , Infomina Bhd , Dagang Nexchange Bhd , Sunway Bhd , Sdn Bhd , Tenaga Nasional Bhd , Samalaju Sdn Bhd , Affin Bank Bhd , Petronas Chemicals Group Bhd Petchem , Chin Hin Group Bhd , Om Holdings Ltd , Corp Bhd , Axiata Group Bhd , Bintai Kinden Corp Bhd , Financial Center , Data Center , Samalaju Industries Sdn Bhd , Petronas Chemicals Group Bhd , Bintulu Port Holdings Bhd , Sarawak Oil Palms Bhd , Affin Bank , Genting Malaysia Bhd , Uchi Technologies Bhd ,

How to unlock asset value in the middle of a pandemic


KUALA LUMPUR (July 3): Yesterday, IGB Commercial Real Estate Investment Trust (REIT) announced that its proposed listing on July 30 will now be delayed to Sept 20 as investor sentiment was battered by the prolonged lockdown in the country.
The REIT is also proposing to downsize its institutional offering to a minimum of 130 million units from an earlier planned 282 million units, which will lower the minimum public unitholding spread to 20% from 25%.
Nonetheless, with an expected market capitalisation of RM2.31 billion upon listing, it is set to be the largest stand-alone office REIT as well as the sixth-largest REIT on Bursa Malaysia.
Can the initial public offering (IPO) draw investor interest? The REIT projects a distribution yield of 3.9% for 2021, improving to 5% for 2022. ....

Kuala Lumpur , Chung Meng , Real Estate Investment Trust , Datuk Seri Robert Tan Chung Meng , Edge Malaysia , குவாலா லம்பூர் , ரியல் எஸ்டேட் முதலீடு நம்பிக்கை , விளிம்பு மலேசியா ,