IGB Real Estate Investment Trust

KLSE:IGBREIT Stock Report

Market Cap: RM 7.9b

IGB Real Estate Investment Trust Management

Management criteria checks 4/4

IGB Real Estate Investment Trust's CEO is Elizabeth Tan, appointed in Jan 2024, has a tenure of 12.75 years. total yearly compensation is MYR539.15K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.13% of the company’s shares, worth MYR10.54M. The average tenure of the management team and the board of directors is 12.3 years and 4.6 years respectively.

Key information

Elizabeth Tan

Chief executive officer

RM 539.1k

Total compensation

CEO salary percentage100.0%
CEO tenure1yr
CEO ownership0.1%
Management average tenure12.3yrs
Board average tenure4.6yrs

Recent management updates

Recent updates

How Many IGB Real Estate Investment Trust (KLSE:IGBREIT) Shares Do Institutions Own?

Mar 03
How Many IGB Real Estate Investment Trust (KLSE:IGBREIT) Shares Do Institutions Own?

Earnings Beat: Here's What IGB Real Estate Investment Trust (KLSE:IGBREIT) Analysts Are Forecasting For This Year

Jan 27
Earnings Beat: Here's What IGB Real Estate Investment Trust (KLSE:IGBREIT) Analysts Are Forecasting For This Year

Do Fundamentals Have Any Role To Play In Driving IGB Real Estate Investment Trust's (KLSE:IGBREIT) Stock Up Recently?

Dec 30
Do Fundamentals Have Any Role To Play In Driving IGB Real Estate Investment Trust's (KLSE:IGBREIT) Stock Up Recently?

Did You Participate In Any Of IGB Real Estate Investment Trust's (KLSE:IGBREIT) Respectable 74% Return?

Nov 25
Did You Participate In Any Of IGB Real Estate Investment Trust's (KLSE:IGBREIT) Respectable 74% Return?

CEO Compensation Analysis

How has Elizabeth Tan's remuneration changed compared to IGB Real Estate Investment Trust's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

RM 350m

Jun 30 2024n/an/a

RM 522m

Mar 31 2024n/an/a

RM 521m

Dec 31 2023RM 539kRM 539k

RM 518m

Sep 30 2023n/an/a

RM 572m

Jun 30 2023n/an/a

RM 405m

Mar 31 2023n/an/a

RM 407m

Dec 31 2022RM 516kRM 516k

RM 396m

Sep 30 2022n/an/a

RM 326m

Jun 30 2022n/an/a

RM 281m

Mar 31 2022n/an/a

RM 242m

Dec 31 2021RM 382kRM 382k

RM 200m

Sep 30 2021n/an/a

RM 199m

Jun 30 2021n/an/a

RM 237m

Mar 31 2021n/an/a

RM 212m

Dec 31 2020RM 311kRM 311k

RM 237m

Sep 30 2020n/an/a

RM 240m

Jun 30 2020n/an/a

RM 243m

Mar 31 2020n/an/a

RM 301m

Dec 31 2019RM 593kRM 593k

RM 316m

Sep 30 2019n/an/a

RM 346m

Jun 30 2019n/an/a

RM 342m

Mar 31 2019n/an/a

RM 334m

Dec 31 2018RM 564kRM 564k

RM 334m

Compensation vs Market: Elizabeth's total compensation ($USD121.53K) is below average for companies of similar size in the MY market ($USD591.05K).

Compensation vs Earnings: Elizabeth's compensation has been consistent with company performance over the past year.

CEO

Elizabeth Tan (41 yo)

1yr

Tenure

RM 539,149

Compensation

Ms. Hui Ning Tan, also known as Elizabeth, serves as Chief Executive Officer of IGB REIT Management Sdn Bhd, Manager of IGB Real Estate Investment Trust since January 02, 2024. She is CEO and Non-Independe...

Leadership Team

NamePositionTenureCompensationOwnership
Hui Tan
CEO & Non-Independent Executive Director of IGB REIT Mgmt. Sdn Bhd1yrRM 539.15k0.13%
MYR 10.5m
Mei Sian Tan
Head of Strategy & Risk and Non-Independent Executive Director of IGB REIT Management Sdn Bhd4.9yrsRM 472.64k0.0083%
MYR 657.2k
Yeng Chow
Chief Financial Officer of IGB REIT Management Sdn Bhdless than a yearno datano data
Tan Chai
Senior Group General Managerno datano datano data
Lai Chan
Head of Compliance & Company Secretary of IGB REIT Management Sdn Bhd12.3yrsno datano data
Chen-I Yong
Joint Chief Operating Officer of Mid Valley Megamall - IGB REIT Management Sdn Bhd12.3yrsRM 311.19kno data
Chai Ko
Head of Marketing of Mid Valley Megamall - IGB REIT Management Sdn Bhd12.3yrsno datano data
Hui Tan
Head of Marketing of the Gardens Mall - IGB REIT Management Sdn Bhd12.3yrsno datano data
Chai Lee
Joint Deputy Chief Executive Officer of IGB REIT Management Sdn Bhd12.3yrsno datano data
Khim Chon Wong
Joint Deputy Chief Executive Officer of IGB REIT Management Sdn Bhd3.6yrsno datano data

12.3yrs

Average Tenure

51yo

Average Age

Experienced Management: IGBREIT's management team is seasoned and experienced (12.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Hui Tan
CEO & Non-Independent Executive Director of IGB REIT Mgmt. Sdn Bhd12.8yrsRM 539.15k0.13%
MYR 10.5m
Mei Sian Tan
Head of Strategy & Risk and Non-Independent Executive Director of IGB REIT Management Sdn Bhd4.6yrsRM 472.64k0.0083%
MYR 657.2k
Lei Cheng Tan
Non-Independent Non-Executive Director of IGB REIT Management Sdn Bhd12.8yrsRM 157.24kno data
Chung Tan
Non-Independent & Non-Executive Chairman of IGB REIT Management Sdn Bhd12.8yrsRM 1.71m0.45%
MYR 35.6m
Say Lee
Independent Non-Executive Director of IGB REIT Management Sdn Bhd1.2yrsRM 24.21kno data
Cheng Yeoh
Independent Non-Executive Director of IGB REIT Management Sdn Bhd1.2yrsRM 24.21kno data
Kim Ang
Independent Non Executive Director of IGB REIT Management Sdn Bhd4.4yrsRM 158.48kno data

4.6yrs

Average Tenure

67yo

Average Age

Experienced Board: IGBREIT's board of directors are considered experienced (4.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/22 22:20
End of Day Share Price 2025/01/22 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

IGB Real Estate Investment Trust is covered by 22 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Afifah IshakAffin Hwang Investment Bank
Ian WanAlliance Research Sdn. Bhd.
Poh OngAmInvestment Bank Berhad