View ValuationIGB Commercial Real Estate Investment Trust 향후 성장Future 기준 점검 1/6IGB Commercial Real Estate Investment Trust (는) 각각 연간 5.3% 및 3% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 5.1% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 5% 로 예상됩니다.핵심 정보5.3%이익 성장률5.10%EPS 성장률REITs 이익 성장7.0%매출 성장률3.0%향후 자기자본이익률5.02%애널리스트 커버리지Low마지막 업데이트30 Apr 2026최근 향후 성장 업데이트Major Estimate Revision • May 06Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from RM265.3m to RM274.6m. EPS estimate increased from RM0.04 to RM0.046 per share. Net income forecast to grow 8.0% next year vs 6.5% growth forecast for REITs industry in Malaysia. Consensus price target up from RM0.68 to RM0.71. Share price was steady at RM0.60 over the past week.Price Target Changed • Jul 11Price target increased by 10% to RM0.66Up from RM0.60, the current price target is an average from 3 analysts. New target price is 12% above last closing price of RM0.59. Stock is up 23% over the past year. The company is forecast to post earnings per share of RM0.036 for next year compared to RM0.026 last year.Price Target Changed • Mar 30Price target increased by 22% to RM0.60Up from RM0.49, the current price target is an average from 2 analysts. New target price is 13% above last closing price of RM0.53. Stock is up 12% over the past year. The company is forecast to post earnings per share of RM0.034 for next year compared to RM0.026 last year.Price Target Changed • Nov 16Price target decreased to RM0.46Down from RM0.52, the current price target is provided by 1 analyst. New target price is 13% below last closing price of RM0.53. Stock is down 14% over the past year. The company is forecast to post earnings per share of RM0.03 for next year compared to RM0.013 last year.Major Estimate Revision • Nov 05Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from RM196.3m to RM191.6m. EPS estimate also fell from RM0.03 per share to RM0.03 per share. Net income forecast to grow 138% next year vs 12% growth forecast for REITs industry in Malaysia. Consensus price target down from RM0.52 to RM0.46. Share price fell 2.7% to RM0.54 over the past week.Price Target Changed • Oct 17Price target decreased to RM0.52Down from RM0.61, the current price target is provided by 1 analyst. New target price is 5.5% below last closing price of RM0.55. Stock is down 19% over the past year. The company is forecast to post earnings per share of RM0.034 for next year compared to RM0.013 last year.모든 업데이트 보기Recent updatesMajor Estimate Revision • May 06Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from RM265.3m to RM274.6m. EPS estimate increased from RM0.04 to RM0.046 per share. Net income forecast to grow 8.0% next year vs 6.5% growth forecast for REITs industry in Malaysia. Consensus price target up from RM0.68 to RM0.71. Share price was steady at RM0.60 over the past week.Declared Dividend • May 01First quarter dividend increased to RM0.013Dividend of RM0.013 is 24% higher than last year. Ex-date: 13th May 2026 Payment date: 29th May 2026 Dividend yield will be 7.4%, which is higher than the industry average of 5.2%.Reported Earnings • Apr 04Full year 2025 earnings: EPS in line with analyst expectations despite revenue beatFull year 2025 results: EPS: RM0.04 (up from RM0.026 in FY 2024). Revenue: RM259.9m (up 13% from FY 2024). Net income: RM95.5m (up 52% from FY 2024). Profit margin: 37% (up from 27% in FY 2024). The increase in margin was primarily driven by higher revenue. Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the REITs industry in Asia. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.공시 • Mar 30IGB Commercial Real Estate Investment Trust, Annual General Meeting, Apr 29, 2026IGB Commercial Real Estate Investment Trust, Annual General Meeting, Apr 29, 2026, at 16:00 Singapore Standard Time. Location: the gardens ballroom, level 5, st. giles mid valley kuala lumpur, mid valley city, lingkaran syed putra, 59200 kuala lumpur MalaysiaDeclared Dividend • Jan 30Fourth quarter dividend of RM0.011 announcedShareholders will receive a dividend of RM0.011. Ex-date: 11th February 2026 Payment date: 27th February 2026 Dividend yield will be 6.6%, which is higher than the industry average of 5.2%.Reported Earnings • Jan 29Full year 2025 earnings released: EPS: RM0.04 (vs RM0.026 in FY 2024)Full year 2025 results: EPS: RM0.04 (up from RM0.026 in FY 2024). Revenue: RM259.9m (up 13% from FY 2024). Net income: RM95.5m (up 52% from FY 2024). Profit margin: 37% (up from 27% in FY 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 1.3% p.a. on average during the next 2 years, compared to a 3.6% growth forecast for the REITs industry in Asia. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Declared Dividend • Oct 24Third quarter dividend of RM0.01 announcedShareholders will receive a dividend of RM0.01. Ex-date: 4th November 2025 Payment date: 20th November 2025 Dividend yield will be 6.3%, which is higher than the industry average of 5.2%.Reported Earnings • Oct 23Third quarter 2025 earnings released: EPS: RM0.009 (vs RM0.007 in 3Q 2024)Third quarter 2025 results: EPS: RM0.009 (up from RM0.007 in 3Q 2024). Revenue: RM64.2m (up 12% from 3Q 2024). Net income: RM21.0m (up 28% from 3Q 2024). Profit margin: 33% (up from 28% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the REITs industry in Asia. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 4% per year.Declared Dividend • Jul 31Second quarter dividend increased to RM0.01Dividend of RM0.01 is 6.2% higher than last year. Ex-date: 11th August 2025 Payment date: 28th August 2025 Dividend yield will be 6.2%, which is higher than the industry average of 5.2%.Reported Earnings • Jul 30Second quarter 2025 earnings released: EPS: RM0.012 (vs RM0.007 in 2Q 2024)Second quarter 2025 results: EPS: RM0.012 (up from RM0.007 in 2Q 2024). Revenue: RM64.6m (up 13% from 2Q 2024). Net income: RM29.6m (up 79% from 2Q 2024). Profit margin: 46% (up from 29% in 2Q 2024). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the REITs industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year and the company’s share price has also increased by 2% per year.Price Target Changed • Jul 11Price target increased by 10% to RM0.66Up from RM0.60, the current price target is an average from 3 analysts. New target price is 12% above last closing price of RM0.59. Stock is up 23% over the past year. The company is forecast to post earnings per share of RM0.036 for next year compared to RM0.026 last year.Price Target Changed • Mar 30Price target increased by 22% to RM0.60Up from RM0.49, the current price target is an average from 2 analysts. New target price is 13% above last closing price of RM0.53. Stock is up 12% over the past year. The company is forecast to post earnings per share of RM0.034 for next year compared to RM0.026 last year.Reported Earnings • Mar 27Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: RM0.026 (down from RM0.028 in FY 2023). Revenue: RM231.0m (up 7.4% from FY 2023). Net income: RM62.7m (down 3.9% from FY 2023). Profit margin: 27% (down from 30% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) missed analyst estimates by 23%. Revenue is forecast to grow 2.6% p.a. on average during the next 2 years, while revenues in the REITs industry in Asia are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.공시 • Mar 24IGB Commercial Real Estate Investment Trust, Annual General Meeting, Apr 23, 2025IGB Commercial Real Estate Investment Trust, Annual General Meeting, Apr 23, 2025, at 16:00 Singapore Standard Time. Location: bintang ballroom, level 5, cititel mid valley, mid valley city, lingkaran syed putra, 59200 kuala lumpur, Malaysia공시 • Mar 22+ 1 more updateIGB Commercial Real Estate Investment Trust Announces Resignation of Elizabeth Tan Hui Ning as Chief Executive OfficerIGB Commercial Real Estate Investment Trust announced the resignation of Miss Elizabeth Tan Hui Ning as Chief Executive Officer, age 41, Directorate: Executive. Date of change on 19 March 2025. Reason: Medical Reasons.Declared Dividend • Jan 25Fourth quarter dividend of RM0.0075 announcedShareholders will receive a dividend of RM0.0075. Ex-date: 7th February 2025 Payment date: 28th February 2025 Dividend yield will be 6.6%, which is higher than the industry average of 5.2%.공시 • Jan 24IGB Commercial Real Estate Investment Trust Announces Income Distribution for the Period from 1 October 2024 to 31 December 2024, Payable on 28 February 2025IGB Commercial Real Estate Investment Trust announced Income Distribution of 0.75 sen per unit (0.73 sen taxable and 0.02 sen non-taxable) for the period from 1 October 2024 to 31 December 2024. The above Company's securities will be traded and quoted "Ex - Income” as from: 07 February 2025. Date Payable is 28 February 2025.Reported Earnings • Jan 24Full year 2024 earnings released: EPS: RM0.026 (vs RM0.028 in FY 2023)Full year 2024 results: EPS: RM0.026 (down from RM0.028 in FY 2023). Revenue: RM231.0m (up 7.4% from FY 2023). Net income: RM62.7m (down 3.9% from FY 2023). Profit margin: 27% (down from 30% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 4.4% p.a. on average during the next 2 years, while revenues in the REITs industry in Asia are expected to grow by 2.4%. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: RM0.007 (vs RM0.007 in 3Q 2023)Third quarter 2024 results: EPS: RM0.007 (in line with 3Q 2023). Revenue: RM57.6m (up 8.8% from 3Q 2023). Net income: RM16.3m (down 2.0% from 3Q 2023). Profit margin: 28% (down from 32% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 1.5% p.a. on average during the next 3 years, while revenues in the REITs industry in Asia are expected to grow by 3.3%. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Declared Dividend • Jul 27Dividend of RM0.0097 announcedShareholders will receive a dividend of RM0.0097. Ex-date: 7th August 2024 Payment date: 30th August 2024 Dividend yield will be 7.6%, which is higher than the industry average of 5.2%.Reported Earnings • Jul 26Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: RM57.3m (up 8.2% from 2Q 2023). Net income: RM16.5m (up 2.7% from 2Q 2023). Profit margin: 29% (down from 30% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 1.1% p.a. on average during the next 3 years, while revenues in the REITs industry in Malaysia are expected to grow by 2.7%.Buy Or Sell Opportunity • Jul 10Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.0% to RM0.48. The fair value is estimated to be RM0.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last year. Earnings per share has grown by 6.2%. Revenue is forecast to decline by 4.6% in 2 years. Earnings are forecast to grow by 29% in the next 2 years.Buy Or Sell Opportunity • Jun 07Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at RM0.49. The fair value is estimated to be RM0.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last year. Earnings per share has grown by 6.2%. Revenue is forecast to decline by 4.6% in 2 years. Earnings are forecast to grow by 29% in the next 2 years.공시 • May 01IGB Commercial Real Estate Investment Trust Announces the Retirement of Chai Lai Sim as Chief Financial OfficerIGB Commercial Real Estate Investment Trust announced the retirement of Miss Chai Lai Sim as chief financial officer. Date of change is April 30, 2024. Age is 63.공시 • Apr 30IGB Commercial Real Estate Investment Trust Appoints Chow Yeng Keet as Chief Financial Officer, Effective May 1, 2024IGB Commercial Real Estate Investment Trust announced the appointment of Mr. Chow Yeng Keet as chief financial officer. Date of change is May 1, 2024. Age is 51. Chow Yeng Keet was the Head of Investment of IGB REIT Management Sdn Bhd (the Manager of IGB Real Estate Investment Trust ("REIT") and IGB Commercial REIT) (September 2012 - 30 April 2024). Chow Yeng Keet has working experience in corporate finance and advisory covering mergers and acquisitions, equity and debt fund raising, capital management and restructuring, valuations as well as take-over offers. He started his career in Corporate Finance with the then Sime Merchant Bankers Berhad in 1997. He was with Commerce International Merchant Bankers Berhad (now known as CIMB Investment Bank Berhad) prior to joining IGB Corporation Berhad ("IGBC") in 2004. He was appointed as Senior General Manager, Corporate Finance of IGBC from 1 January 2017. After the privatisation of IGBC by IGB Berhad ("IGB") on 16 March 2018, he resumed the same role at IGB until 31 December 2022, and was subsequently promoted to Deputy Group CFO ("GCFO") (1 January 2023 - 30 April 2024) and GCFO on 1 May 2024. He is also the current Director of Finance of Mid Valley City Sdn Bhd, a subsidiary of IGB. Qualifications: Accountancy from Association of Chartered Certified Accountants- a Fellow member; Accountancy from Malaysian Institute of Accountants- a member and Bachelor of Economics (First Class Honours) from University of Malaya.Reported Earnings • Apr 18First quarter 2024 earnings released: EPS: RM0.008 (vs RM0.007 in 1Q 2023)First quarter 2024 results: EPS: RM0.008 (up from RM0.007 in 1Q 2023). Revenue: RM56.0m (up 6.9% from 1Q 2023). Net income: RM18.9m (up 8.5% from 1Q 2023). Profit margin: 34% (in line with 1Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 2.3% growth forecast for the REITs industry in Malaysia.공시 • Mar 01+ 4 more updatesIGB Commercial Real Estate Investment Trust Announces Cessation of Encik Halim Bin Haji Din as Independent and Non-Executive Chairman of Audit CommitteeIGB Commercial Real Estate Investment Trust announced cessation of Encik Halim Bin Haji Din as independent and non-executive chairman of audit committee. Date of change is 1 March 2024. Age: 77. Composition of Audit Committee (Name and Directorate of members after change): 1. Raymond Yeoh Cheng Seong, Independent Non-Executive Director (INED), Chairman; 2. Ang Kim Pack, INED; 3. Datuk Lee Say Tshin, INED.공시 • Feb 27IGB Commercial Real Estate Investment Trust, Annual General Meeting, Apr 17, 2024IGB Commercial Real Estate Investment Trust, Annual General Meeting, Apr 17, 2024, at 12:30 Singapore Standard Time. Agenda: To consider and approve the Financial Statements and reports; and to consider and approve the renewal of recurrent related Party Transactions mandate.Upcoming Dividend • Feb 08Upcoming dividend of RM0.018 per share at 6.9% yieldEligible shareholders must have bought the stock before 15 February 2024. Payment date: 29 February 2024. Trailing yield: 6.9%. Within top quartile of Malaysian dividend payers (4.9%). Higher than average of industry peers (5.2%).Declared Dividend • Feb 01Final dividend of RM0.018 announcedShareholders will receive a dividend of RM0.018. Ex-date: 15th February 2024 Payment date: 29th February 2024 Dividend yield will be 6.8%, which is higher than the industry average of 5.2%.Reported Earnings • Jan 31Full year 2023 earnings released: EPS: RM0.028 (vs RM0.027 in FY 2022)Full year 2023 results: EPS: RM0.028 (up from RM0.027 in FY 2022). Revenue: RM215.1m (up 13% from FY 2022). Net income: RM65.2m (up 3.4% from FY 2022). Profit margin: 30% (down from 33% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 1.8% p.a. on average during the next 2 years, while revenues in the REITs industry in Malaysia are expected to grow by 2.3%.Buy Or Sell Opportunity • Jan 24Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 1.0% to RM0.49. The fair value is estimated to be RM0.41, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last year. Earnings per share has declined by 17%. Revenue is forecast to decline by 0.6% in 2 years. Earnings are forecast to grow by 31% in the next 2 years.공시 • Dec 30+ 3 more updatesIGB Commercial Real Estate Investment Trust Announces Retirement of Lin See Yan as Independent and Non Executive Chairman, Effective 31 December 2023IGB Commercial Real Estate Investment Trust announced retirement of Tan Sri Dato' Dr Lin See Yan as Independent and Non Executive Chairman. Date of change is 31 December 2023. Age is 84.공시 • Dec 29IGB Commercial Real Estate Investment Trust Announces Retirement of Antony Patrick Barragry as Chief Executive Officer, Effective 31 December 2023IGB Commercial Real Estate Investment Trust announced retirement of Antony Patrick Barragry as Chief Executive Officer. Date of Change is 31 December 2023. Age is 71.공시 • Nov 02+ 10 more updatesIGB Commercial Real Estate Investment Trust Appoints Datuk Lee Say Tshin as Independent and Non Executive Member of Remuneration Committee, Effective November 1, 2023IGB Commercial Real Estate Investment Trust announced the appointment of Datuk Lee Say Tshin as Independent and Non Executive Member of Remuneration Committee, effective November 1, 2023. Age: 70 and Gender: Male. Nationality: Malaysia. Composition of Remuneration Committee (Name and Directorate of members after change): Ang Kim Pack, Independent Non-Executive Director (INED), Chairman; Halim bin Haji Din, INED; Raymond Yeoh Cheng Seong, INED; Datuk Lee Say Tshin, INED and Tan Lei Cheng, Non-INED.Reported Earnings • Oct 14Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: RM52.9m (up 16% from 3Q 2022). Net income: RM16.7m (up 25% from 3Q 2022). Profit margin: 32% (up from 29% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the REITs industry in Asia.Upcoming Dividend • Aug 01Upcoming dividend of RM0.017 per share at 6.3% yieldEligible shareholders must have bought the stock before 08 August 2023. Payment date: 29 August 2023. Trailing yield: 6.3%. Within top quartile of Malaysian dividend payers (5.3%). Higher than average of industry peers (5.6%).공시 • Jul 27+ 4 more updatesIGB Commercial Real Estate Investment Trust Announces the Resignation of Dato' Darawati Hussain as Independent and Non Executive DirectorIGB Commercial Real Estate Investment Trust announced the resignation of Dato' Darawati Hussain, aged 53 as Independent and Non Executive Director of the company with effect from July 26, 2023. Reason: To comply with Paragraph 3.05 of the Securities Commission Malaysia's Guidelines on Listed Real Estate Investment Trusts.Reported Earnings • Jul 27Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: RM53.0m (up 16% from 2Q 2022). Net income: RM16.1m (up 21% from 2Q 2022). Profit margin: 30% (up from 29% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, while revenues in the REITs industry in Asia are expected to remain flat.공시 • Jul 11+ 7 more updatesIGB Commercial Real Estate Investment Trust Announces Appointment of Mr. Ang Kim Pack as Independent and Non Executive Chairman of Remuneration CommitteeIGB Commercial Real Estate Investment Trust announced Redesignation of Mr. Ang Kim Pack as Independent and Non Executive Chairman of Remuneration Committee. Previous position: member of Remuneration Committee. Age:66, male, Date of change is 10 July 2023, Composition of Remuneration Committee:1. Ang Kim Pack, Independent Non-Executive Director (INED), Chairman, 2. Halim bin Haji Din, INED, 3. Le Ching Tai @ Lee Chen Chong, INED, 4. Dato' Darawati Hussain, INED, 5. Tan Lei Cheng, INED.Buying Opportunity • Mar 15Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 5.6%. The fair value is estimated to be RM0.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 168% over the last year. Earnings per share has grown by 114%. Revenue is forecast to grow by 4.4% in 2 years. Earnings is forecast to grow by 38% in the next 2 years.Upcoming Dividend • Jan 31Upcoming dividend of RM0.015 per share at 5.2% yieldEligible shareholders must have bought the stock before 07 February 2023. Payment date: 27 February 2023. Trailing yield: 5.2%. Within top quartile of Malaysian dividend payers (5.0%). In line with average of industry peers (4.8%).Price Target Changed • Nov 16Price target decreased to RM0.46Down from RM0.52, the current price target is provided by 1 analyst. New target price is 13% below last closing price of RM0.53. Stock is down 14% over the past year. The company is forecast to post earnings per share of RM0.03 for next year compared to RM0.013 last year.Major Estimate Revision • Nov 05Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from RM196.3m to RM191.6m. EPS estimate also fell from RM0.03 per share to RM0.03 per share. Net income forecast to grow 138% next year vs 12% growth forecast for REITs industry in Malaysia. Consensus price target down from RM0.52 to RM0.46. Share price fell 2.7% to RM0.54 over the past week.공시 • Nov 04IGB Commercial Real Estate Investment Trust Announces Redesignation of Dato' Seri Robert Tan Chung Meng as Non Independent and Non Executive Director effective 01 Jan. 2023IGB Commercial Real Estate Investment Trust announces Redesignation of Dato' Seri Robert Tan Chung Meng, 70, as Non Independent and Non Executive Director from Managing Director. Date of change 01 Jan. 2023.Price Target Changed • Oct 17Price target decreased to RM0.52Down from RM0.61, the current price target is provided by 1 analyst. New target price is 5.5% below last closing price of RM0.55. Stock is down 19% over the past year. The company is forecast to post earnings per share of RM0.034 for next year compared to RM0.013 last year.Upcoming Dividend • Aug 02Upcoming dividend of RM0.019 per shareEligible shareholders must have bought the stock before 09 August 2022. Payment date: 29 August 2022. Trailing yield: 2.0%. Lower than top quartile of Malaysian dividend payers (4.8%). Lower than average of industry peers (4.3%).공시 • Mar 01IGB Commercial Real Estate Investment Trust, Annual General Meeting, Apr 28, 2022IGB Commercial Real Estate Investment Trust, Annual General Meeting, Apr 28, 2022, at 12:00 Singapore Standard Time. Agenda: To receive the Financial Statements of IGBCR (together with the reports of the Trustee, the Manager and the Auditor) for the financial period from date of establishment on 31 March 2021 to 31 December 2021 (Financial Statements and Reports FPE2021); to consider proposed Unitholder Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature; and to consider any other matter thereof.공시 • Jan 28IGB Commercial Real Estate Investment Trust Announces Income Distribution for the Period from September 17, 2021 to December 31, 2021, Payable on February 25, 2022IGB Commercial Real Estate Investment Trust announced Income Distribution of 1.147 sen per unit (taxable) for the period from September 17, 2021 to December 31, 2021. The last date of lodgment: February 14, 2022. Date Payable: February 25, 2022.이익 및 매출 성장 예측KLSE:IGBCR - 애널리스트 향후 추정치 및 과거 재무 데이터 (MYR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/2028290117N/A183212/31/2027282111N/A177212/31/2026275108N/A18823/31/2026266100155155N/A12/31/202526095166166N/A9/30/202525186165165N/A6/30/202524581167167N/A3/31/202523768150150N/A12/31/202423163137137N/A9/30/202422867134134N/A6/30/202422367130130N/A3/31/202421967129129N/A12/31/202321565129129N/A9/30/202320863125125N/A6/30/202320060123123N/A3/31/202319662121121N/A12/31/202219063114114N/A9/30/202220576165165N/A12/31/20217129156156N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: IGBCR 의 연간 예상 수익 증가율(5.3%)이 saving rate(3.8%)보다 높습니다.수익 vs 시장: IGBCR 의 연간 수익(5.3%)이 MY 시장(9.1%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: IGBCR 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: IGBCR 의 수익(연간 3%)이 MY 시장(연간 6.8%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: IGBCR 의 수익(연간 3%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: IGBCR의 자본 수익률은 3년 후 5%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YReal-estate 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/12 03:03종가2026/06/12 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스IGB Commercial Real Estate Investment Trust는 3명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Je TanHong Leong Investment Bank BerhadKok LoongRHB Investment BankYu TaiRHB Investment Bank
Major Estimate Revision • May 06Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from RM265.3m to RM274.6m. EPS estimate increased from RM0.04 to RM0.046 per share. Net income forecast to grow 8.0% next year vs 6.5% growth forecast for REITs industry in Malaysia. Consensus price target up from RM0.68 to RM0.71. Share price was steady at RM0.60 over the past week.
Price Target Changed • Jul 11Price target increased by 10% to RM0.66Up from RM0.60, the current price target is an average from 3 analysts. New target price is 12% above last closing price of RM0.59. Stock is up 23% over the past year. The company is forecast to post earnings per share of RM0.036 for next year compared to RM0.026 last year.
Price Target Changed • Mar 30Price target increased by 22% to RM0.60Up from RM0.49, the current price target is an average from 2 analysts. New target price is 13% above last closing price of RM0.53. Stock is up 12% over the past year. The company is forecast to post earnings per share of RM0.034 for next year compared to RM0.026 last year.
Price Target Changed • Nov 16Price target decreased to RM0.46Down from RM0.52, the current price target is provided by 1 analyst. New target price is 13% below last closing price of RM0.53. Stock is down 14% over the past year. The company is forecast to post earnings per share of RM0.03 for next year compared to RM0.013 last year.
Major Estimate Revision • Nov 05Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from RM196.3m to RM191.6m. EPS estimate also fell from RM0.03 per share to RM0.03 per share. Net income forecast to grow 138% next year vs 12% growth forecast for REITs industry in Malaysia. Consensus price target down from RM0.52 to RM0.46. Share price fell 2.7% to RM0.54 over the past week.
Price Target Changed • Oct 17Price target decreased to RM0.52Down from RM0.61, the current price target is provided by 1 analyst. New target price is 5.5% below last closing price of RM0.55. Stock is down 19% over the past year. The company is forecast to post earnings per share of RM0.034 for next year compared to RM0.013 last year.
Major Estimate Revision • May 06Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from RM265.3m to RM274.6m. EPS estimate increased from RM0.04 to RM0.046 per share. Net income forecast to grow 8.0% next year vs 6.5% growth forecast for REITs industry in Malaysia. Consensus price target up from RM0.68 to RM0.71. Share price was steady at RM0.60 over the past week.
Declared Dividend • May 01First quarter dividend increased to RM0.013Dividend of RM0.013 is 24% higher than last year. Ex-date: 13th May 2026 Payment date: 29th May 2026 Dividend yield will be 7.4%, which is higher than the industry average of 5.2%.
Reported Earnings • Apr 04Full year 2025 earnings: EPS in line with analyst expectations despite revenue beatFull year 2025 results: EPS: RM0.04 (up from RM0.026 in FY 2024). Revenue: RM259.9m (up 13% from FY 2024). Net income: RM95.5m (up 52% from FY 2024). Profit margin: 37% (up from 27% in FY 2024). The increase in margin was primarily driven by higher revenue. Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the REITs industry in Asia. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
공시 • Mar 30IGB Commercial Real Estate Investment Trust, Annual General Meeting, Apr 29, 2026IGB Commercial Real Estate Investment Trust, Annual General Meeting, Apr 29, 2026, at 16:00 Singapore Standard Time. Location: the gardens ballroom, level 5, st. giles mid valley kuala lumpur, mid valley city, lingkaran syed putra, 59200 kuala lumpur Malaysia
Declared Dividend • Jan 30Fourth quarter dividend of RM0.011 announcedShareholders will receive a dividend of RM0.011. Ex-date: 11th February 2026 Payment date: 27th February 2026 Dividend yield will be 6.6%, which is higher than the industry average of 5.2%.
Reported Earnings • Jan 29Full year 2025 earnings released: EPS: RM0.04 (vs RM0.026 in FY 2024)Full year 2025 results: EPS: RM0.04 (up from RM0.026 in FY 2024). Revenue: RM259.9m (up 13% from FY 2024). Net income: RM95.5m (up 52% from FY 2024). Profit margin: 37% (up from 27% in FY 2024). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 1.3% p.a. on average during the next 2 years, compared to a 3.6% growth forecast for the REITs industry in Asia. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Oct 24Third quarter dividend of RM0.01 announcedShareholders will receive a dividend of RM0.01. Ex-date: 4th November 2025 Payment date: 20th November 2025 Dividend yield will be 6.3%, which is higher than the industry average of 5.2%.
Reported Earnings • Oct 23Third quarter 2025 earnings released: EPS: RM0.009 (vs RM0.007 in 3Q 2024)Third quarter 2025 results: EPS: RM0.009 (up from RM0.007 in 3Q 2024). Revenue: RM64.2m (up 12% from 3Q 2024). Net income: RM21.0m (up 28% from 3Q 2024). Profit margin: 33% (up from 28% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the REITs industry in Asia. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 4% per year.
Declared Dividend • Jul 31Second quarter dividend increased to RM0.01Dividend of RM0.01 is 6.2% higher than last year. Ex-date: 11th August 2025 Payment date: 28th August 2025 Dividend yield will be 6.2%, which is higher than the industry average of 5.2%.
Reported Earnings • Jul 30Second quarter 2025 earnings released: EPS: RM0.012 (vs RM0.007 in 2Q 2024)Second quarter 2025 results: EPS: RM0.012 (up from RM0.007 in 2Q 2024). Revenue: RM64.6m (up 13% from 2Q 2024). Net income: RM29.6m (up 79% from 2Q 2024). Profit margin: 46% (up from 29% in 2Q 2024). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the REITs industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year and the company’s share price has also increased by 2% per year.
Price Target Changed • Jul 11Price target increased by 10% to RM0.66Up from RM0.60, the current price target is an average from 3 analysts. New target price is 12% above last closing price of RM0.59. Stock is up 23% over the past year. The company is forecast to post earnings per share of RM0.036 for next year compared to RM0.026 last year.
Price Target Changed • Mar 30Price target increased by 22% to RM0.60Up from RM0.49, the current price target is an average from 2 analysts. New target price is 13% above last closing price of RM0.53. Stock is up 12% over the past year. The company is forecast to post earnings per share of RM0.034 for next year compared to RM0.026 last year.
Reported Earnings • Mar 27Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: RM0.026 (down from RM0.028 in FY 2023). Revenue: RM231.0m (up 7.4% from FY 2023). Net income: RM62.7m (down 3.9% from FY 2023). Profit margin: 27% (down from 30% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) missed analyst estimates by 23%. Revenue is forecast to grow 2.6% p.a. on average during the next 2 years, while revenues in the REITs industry in Asia are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
공시 • Mar 24IGB Commercial Real Estate Investment Trust, Annual General Meeting, Apr 23, 2025IGB Commercial Real Estate Investment Trust, Annual General Meeting, Apr 23, 2025, at 16:00 Singapore Standard Time. Location: bintang ballroom, level 5, cititel mid valley, mid valley city, lingkaran syed putra, 59200 kuala lumpur, Malaysia
공시 • Mar 22+ 1 more updateIGB Commercial Real Estate Investment Trust Announces Resignation of Elizabeth Tan Hui Ning as Chief Executive OfficerIGB Commercial Real Estate Investment Trust announced the resignation of Miss Elizabeth Tan Hui Ning as Chief Executive Officer, age 41, Directorate: Executive. Date of change on 19 March 2025. Reason: Medical Reasons.
Declared Dividend • Jan 25Fourth quarter dividend of RM0.0075 announcedShareholders will receive a dividend of RM0.0075. Ex-date: 7th February 2025 Payment date: 28th February 2025 Dividend yield will be 6.6%, which is higher than the industry average of 5.2%.
공시 • Jan 24IGB Commercial Real Estate Investment Trust Announces Income Distribution for the Period from 1 October 2024 to 31 December 2024, Payable on 28 February 2025IGB Commercial Real Estate Investment Trust announced Income Distribution of 0.75 sen per unit (0.73 sen taxable and 0.02 sen non-taxable) for the period from 1 October 2024 to 31 December 2024. The above Company's securities will be traded and quoted "Ex - Income” as from: 07 February 2025. Date Payable is 28 February 2025.
Reported Earnings • Jan 24Full year 2024 earnings released: EPS: RM0.026 (vs RM0.028 in FY 2023)Full year 2024 results: EPS: RM0.026 (down from RM0.028 in FY 2023). Revenue: RM231.0m (up 7.4% from FY 2023). Net income: RM62.7m (down 3.9% from FY 2023). Profit margin: 27% (down from 30% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 4.4% p.a. on average during the next 2 years, while revenues in the REITs industry in Asia are expected to grow by 2.4%. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Reported Earnings • Oct 30Third quarter 2024 earnings released: EPS: RM0.007 (vs RM0.007 in 3Q 2023)Third quarter 2024 results: EPS: RM0.007 (in line with 3Q 2023). Revenue: RM57.6m (up 8.8% from 3Q 2023). Net income: RM16.3m (down 2.0% from 3Q 2023). Profit margin: 28% (down from 32% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 1.5% p.a. on average during the next 3 years, while revenues in the REITs industry in Asia are expected to grow by 3.3%. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Declared Dividend • Jul 27Dividend of RM0.0097 announcedShareholders will receive a dividend of RM0.0097. Ex-date: 7th August 2024 Payment date: 30th August 2024 Dividend yield will be 7.6%, which is higher than the industry average of 5.2%.
Reported Earnings • Jul 26Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: RM57.3m (up 8.2% from 2Q 2023). Net income: RM16.5m (up 2.7% from 2Q 2023). Profit margin: 29% (down from 30% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 1.1% p.a. on average during the next 3 years, while revenues in the REITs industry in Malaysia are expected to grow by 2.7%.
Buy Or Sell Opportunity • Jul 10Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 1.0% to RM0.48. The fair value is estimated to be RM0.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last year. Earnings per share has grown by 6.2%. Revenue is forecast to decline by 4.6% in 2 years. Earnings are forecast to grow by 29% in the next 2 years.
Buy Or Sell Opportunity • Jun 07Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at RM0.49. The fair value is estimated to be RM0.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last year. Earnings per share has grown by 6.2%. Revenue is forecast to decline by 4.6% in 2 years. Earnings are forecast to grow by 29% in the next 2 years.
공시 • May 01IGB Commercial Real Estate Investment Trust Announces the Retirement of Chai Lai Sim as Chief Financial OfficerIGB Commercial Real Estate Investment Trust announced the retirement of Miss Chai Lai Sim as chief financial officer. Date of change is April 30, 2024. Age is 63.
공시 • Apr 30IGB Commercial Real Estate Investment Trust Appoints Chow Yeng Keet as Chief Financial Officer, Effective May 1, 2024IGB Commercial Real Estate Investment Trust announced the appointment of Mr. Chow Yeng Keet as chief financial officer. Date of change is May 1, 2024. Age is 51. Chow Yeng Keet was the Head of Investment of IGB REIT Management Sdn Bhd (the Manager of IGB Real Estate Investment Trust ("REIT") and IGB Commercial REIT) (September 2012 - 30 April 2024). Chow Yeng Keet has working experience in corporate finance and advisory covering mergers and acquisitions, equity and debt fund raising, capital management and restructuring, valuations as well as take-over offers. He started his career in Corporate Finance with the then Sime Merchant Bankers Berhad in 1997. He was with Commerce International Merchant Bankers Berhad (now known as CIMB Investment Bank Berhad) prior to joining IGB Corporation Berhad ("IGBC") in 2004. He was appointed as Senior General Manager, Corporate Finance of IGBC from 1 January 2017. After the privatisation of IGBC by IGB Berhad ("IGB") on 16 March 2018, he resumed the same role at IGB until 31 December 2022, and was subsequently promoted to Deputy Group CFO ("GCFO") (1 January 2023 - 30 April 2024) and GCFO on 1 May 2024. He is also the current Director of Finance of Mid Valley City Sdn Bhd, a subsidiary of IGB. Qualifications: Accountancy from Association of Chartered Certified Accountants- a Fellow member; Accountancy from Malaysian Institute of Accountants- a member and Bachelor of Economics (First Class Honours) from University of Malaya.
Reported Earnings • Apr 18First quarter 2024 earnings released: EPS: RM0.008 (vs RM0.007 in 1Q 2023)First quarter 2024 results: EPS: RM0.008 (up from RM0.007 in 1Q 2023). Revenue: RM56.0m (up 6.9% from 1Q 2023). Net income: RM18.9m (up 8.5% from 1Q 2023). Profit margin: 34% (in line with 1Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 2.3% growth forecast for the REITs industry in Malaysia.
공시 • Mar 01+ 4 more updatesIGB Commercial Real Estate Investment Trust Announces Cessation of Encik Halim Bin Haji Din as Independent and Non-Executive Chairman of Audit CommitteeIGB Commercial Real Estate Investment Trust announced cessation of Encik Halim Bin Haji Din as independent and non-executive chairman of audit committee. Date of change is 1 March 2024. Age: 77. Composition of Audit Committee (Name and Directorate of members after change): 1. Raymond Yeoh Cheng Seong, Independent Non-Executive Director (INED), Chairman; 2. Ang Kim Pack, INED; 3. Datuk Lee Say Tshin, INED.
공시 • Feb 27IGB Commercial Real Estate Investment Trust, Annual General Meeting, Apr 17, 2024IGB Commercial Real Estate Investment Trust, Annual General Meeting, Apr 17, 2024, at 12:30 Singapore Standard Time. Agenda: To consider and approve the Financial Statements and reports; and to consider and approve the renewal of recurrent related Party Transactions mandate.
Upcoming Dividend • Feb 08Upcoming dividend of RM0.018 per share at 6.9% yieldEligible shareholders must have bought the stock before 15 February 2024. Payment date: 29 February 2024. Trailing yield: 6.9%. Within top quartile of Malaysian dividend payers (4.9%). Higher than average of industry peers (5.2%).
Declared Dividend • Feb 01Final dividend of RM0.018 announcedShareholders will receive a dividend of RM0.018. Ex-date: 15th February 2024 Payment date: 29th February 2024 Dividend yield will be 6.8%, which is higher than the industry average of 5.2%.
Reported Earnings • Jan 31Full year 2023 earnings released: EPS: RM0.028 (vs RM0.027 in FY 2022)Full year 2023 results: EPS: RM0.028 (up from RM0.027 in FY 2022). Revenue: RM215.1m (up 13% from FY 2022). Net income: RM65.2m (up 3.4% from FY 2022). Profit margin: 30% (down from 33% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 1.8% p.a. on average during the next 2 years, while revenues in the REITs industry in Malaysia are expected to grow by 2.3%.
Buy Or Sell Opportunity • Jan 24Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 1.0% to RM0.49. The fair value is estimated to be RM0.41, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last year. Earnings per share has declined by 17%. Revenue is forecast to decline by 0.6% in 2 years. Earnings are forecast to grow by 31% in the next 2 years.
공시 • Dec 30+ 3 more updatesIGB Commercial Real Estate Investment Trust Announces Retirement of Lin See Yan as Independent and Non Executive Chairman, Effective 31 December 2023IGB Commercial Real Estate Investment Trust announced retirement of Tan Sri Dato' Dr Lin See Yan as Independent and Non Executive Chairman. Date of change is 31 December 2023. Age is 84.
공시 • Dec 29IGB Commercial Real Estate Investment Trust Announces Retirement of Antony Patrick Barragry as Chief Executive Officer, Effective 31 December 2023IGB Commercial Real Estate Investment Trust announced retirement of Antony Patrick Barragry as Chief Executive Officer. Date of Change is 31 December 2023. Age is 71.
공시 • Nov 02+ 10 more updatesIGB Commercial Real Estate Investment Trust Appoints Datuk Lee Say Tshin as Independent and Non Executive Member of Remuneration Committee, Effective November 1, 2023IGB Commercial Real Estate Investment Trust announced the appointment of Datuk Lee Say Tshin as Independent and Non Executive Member of Remuneration Committee, effective November 1, 2023. Age: 70 and Gender: Male. Nationality: Malaysia. Composition of Remuneration Committee (Name and Directorate of members after change): Ang Kim Pack, Independent Non-Executive Director (INED), Chairman; Halim bin Haji Din, INED; Raymond Yeoh Cheng Seong, INED; Datuk Lee Say Tshin, INED and Tan Lei Cheng, Non-INED.
Reported Earnings • Oct 14Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: RM52.9m (up 16% from 3Q 2022). Net income: RM16.7m (up 25% from 3Q 2022). Profit margin: 32% (up from 29% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years, in line with the revenue forecast for the REITs industry in Asia.
Upcoming Dividend • Aug 01Upcoming dividend of RM0.017 per share at 6.3% yieldEligible shareholders must have bought the stock before 08 August 2023. Payment date: 29 August 2023. Trailing yield: 6.3%. Within top quartile of Malaysian dividend payers (5.3%). Higher than average of industry peers (5.6%).
공시 • Jul 27+ 4 more updatesIGB Commercial Real Estate Investment Trust Announces the Resignation of Dato' Darawati Hussain as Independent and Non Executive DirectorIGB Commercial Real Estate Investment Trust announced the resignation of Dato' Darawati Hussain, aged 53 as Independent and Non Executive Director of the company with effect from July 26, 2023. Reason: To comply with Paragraph 3.05 of the Securities Commission Malaysia's Guidelines on Listed Real Estate Investment Trusts.
Reported Earnings • Jul 27Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: RM53.0m (up 16% from 2Q 2022). Net income: RM16.1m (up 21% from 2Q 2022). Profit margin: 30% (up from 29% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, while revenues in the REITs industry in Asia are expected to remain flat.
공시 • Jul 11+ 7 more updatesIGB Commercial Real Estate Investment Trust Announces Appointment of Mr. Ang Kim Pack as Independent and Non Executive Chairman of Remuneration CommitteeIGB Commercial Real Estate Investment Trust announced Redesignation of Mr. Ang Kim Pack as Independent and Non Executive Chairman of Remuneration Committee. Previous position: member of Remuneration Committee. Age:66, male, Date of change is 10 July 2023, Composition of Remuneration Committee:1. Ang Kim Pack, Independent Non-Executive Director (INED), Chairman, 2. Halim bin Haji Din, INED, 3. Le Ching Tai @ Lee Chen Chong, INED, 4. Dato' Darawati Hussain, INED, 5. Tan Lei Cheng, INED.
Buying Opportunity • Mar 15Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 5.6%. The fair value is estimated to be RM0.64, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 168% over the last year. Earnings per share has grown by 114%. Revenue is forecast to grow by 4.4% in 2 years. Earnings is forecast to grow by 38% in the next 2 years.
Upcoming Dividend • Jan 31Upcoming dividend of RM0.015 per share at 5.2% yieldEligible shareholders must have bought the stock before 07 February 2023. Payment date: 27 February 2023. Trailing yield: 5.2%. Within top quartile of Malaysian dividend payers (5.0%). In line with average of industry peers (4.8%).
Price Target Changed • Nov 16Price target decreased to RM0.46Down from RM0.52, the current price target is provided by 1 analyst. New target price is 13% below last closing price of RM0.53. Stock is down 14% over the past year. The company is forecast to post earnings per share of RM0.03 for next year compared to RM0.013 last year.
Major Estimate Revision • Nov 05Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from RM196.3m to RM191.6m. EPS estimate also fell from RM0.03 per share to RM0.03 per share. Net income forecast to grow 138% next year vs 12% growth forecast for REITs industry in Malaysia. Consensus price target down from RM0.52 to RM0.46. Share price fell 2.7% to RM0.54 over the past week.
공시 • Nov 04IGB Commercial Real Estate Investment Trust Announces Redesignation of Dato' Seri Robert Tan Chung Meng as Non Independent and Non Executive Director effective 01 Jan. 2023IGB Commercial Real Estate Investment Trust announces Redesignation of Dato' Seri Robert Tan Chung Meng, 70, as Non Independent and Non Executive Director from Managing Director. Date of change 01 Jan. 2023.
Price Target Changed • Oct 17Price target decreased to RM0.52Down from RM0.61, the current price target is provided by 1 analyst. New target price is 5.5% below last closing price of RM0.55. Stock is down 19% over the past year. The company is forecast to post earnings per share of RM0.034 for next year compared to RM0.013 last year.
Upcoming Dividend • Aug 02Upcoming dividend of RM0.019 per shareEligible shareholders must have bought the stock before 09 August 2022. Payment date: 29 August 2022. Trailing yield: 2.0%. Lower than top quartile of Malaysian dividend payers (4.8%). Lower than average of industry peers (4.3%).
공시 • Mar 01IGB Commercial Real Estate Investment Trust, Annual General Meeting, Apr 28, 2022IGB Commercial Real Estate Investment Trust, Annual General Meeting, Apr 28, 2022, at 12:00 Singapore Standard Time. Agenda: To receive the Financial Statements of IGBCR (together with the reports of the Trustee, the Manager and the Auditor) for the financial period from date of establishment on 31 March 2021 to 31 December 2021 (Financial Statements and Reports FPE2021); to consider proposed Unitholder Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature; and to consider any other matter thereof.
공시 • Jan 28IGB Commercial Real Estate Investment Trust Announces Income Distribution for the Period from September 17, 2021 to December 31, 2021, Payable on February 25, 2022IGB Commercial Real Estate Investment Trust announced Income Distribution of 1.147 sen per unit (taxable) for the period from September 17, 2021 to December 31, 2021. The last date of lodgment: February 14, 2022. Date Payable: February 25, 2022.