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IGB Commercial Real Estate Investment Trust Unit

5299 · KLSE · Real Estate / REIT - Office

0.60MYR-0.01 (-0.83%)

Price History

Full chart

Market Stats

Previous Close0.605
Open0.60
Day Range0.59 – 0.60
52-Week Range0.5552 – 0.63
Volume296.10K
Market Cap1.51B
P/E (TTM)15.50
Forward P/E12.55
EPS0.04
Dividend Yield8.71%
Beta0.20
50-Day Avg0.6152
200-Day Avg0.6162

About

IGB Commercial Real Estate Investment Trust (IGBCR) was listed on the Main Market of Bursa Malaysia Securities Berhad on 20 September 2021. It was established with the principal investment policy of investing, directly and indirectly, in a portfolio of income-producing real estate used primarily for commercial purposes. IGB Commercial Real Estate Investment Trust was incorporated in 2021 in Malaysia.

Company Details

  • SectorReal Estate
  • IndustryREIT - Office
  • CEOMs. Lai Sim Chai
  • Employees256
  • HeadquartersThe Gardens South Tower, Kuala Lumpur, Malaysia, 59200, Malaysia
  • Websitehttps://www.igbcomreit.com

Leadership

  • Chung Meng TanNon-Independent Executive Chairman of IGB REIT Management Sdn Bhd · b. 1953
  • Ms. Mei Sian TanExecutive Director of IGB REIT Management Sdn Bhd · b. 1983
  • Ms. Lai Sim ChaiChief Executive Officer of IGB REIT Management Sdn Bhd · b. 1961
  • Mr. Yeng Keet ChowChief Financial Officer of IGB REIT Management Sdn Bhd · b. 1974
  • Ms. Lai Yin ChanHead of Compliance & Company Secretary at IGB REIT Management Sdn Bhd
  • Colin NgHead of Group Corporate Communications
  • Ms. Chai Tin LeeDeputy CEO of Retail - IGB REIT Management Sdn Bhd · b. 1965
  • Ms. May Lin SinDeputy CEO of Commercial of IGB REIT Management Sdn Bhd · b. 1976
  • Ms. Hui Chween TanChief Brand Officer of IGB REIT Management Sdn Bhd · b. 1981

Financials

Income Statement

Currency: MYR2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue203.88M200.14M194.09M53.37M190.43M215.15M230.99M259.87M
Growth (%)--1.84%-3.02%-72.50%+256.84%+12.98%+7.36%+12.51%
Cost of Revenue60.87M70.16M61.55M16.77M76.81M87.35M100.46M106.55M
Gross Profit143.02M129.98M132.55M36.59M113.62M127.80M130.53M153.32M
Gross Margin70.15%64.95%68.29%68.57%59.66%59.40%56.51%59.00%
Operating Expense494.52M-33.94M73.66M14.58M50.55M62.56M67.83M57.84M
Operating Income-351.50M163.93M58.89M22.01M63.07M65.24M62.69M95.49M
Operating Margin-172.40%81.91%30.34%41.24%33.12%30.32%27.14%36.74%
EBITDA-321.08M194.34M89.31M31.54M99.33M111.35M107.46M135.99M
EBITDA Margin-157.48%97.10%46.01%59.10%52.16%51.75%46.52%52.33%
Net Income-351.50M163.93M58.89M22.01M63.07M65.24M62.69M95.49M
Net Income Margin-172.40%81.91%30.34%41.24%33.12%30.32%27.14%36.74%
Interest Expense475.57M52.59M54.97M8.76M34.10M45.13M50.06M38.56M
Interest Expense % of Total Revenue233.25%26.28%28.32%16.42%17.91%20.97%21.67%14.84%

Balance Sheet

Currency: MYR2021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets3.28B3.28B3.30B3.28B3.35B
Total Liabilities976.66M986.21M999.84M991.24M1.03B
Total Equity2.30B2.30B2.30B2.29B2.32B
Cash93.45M118.96M128.56M103.07M92.58M
Net Debt757.98M733.70M724.87M772.42M788.83M

Cash Flow

Currency: MYR2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow---156.17M113.53M124.71M137.20M166.44M
Investing Cash Flow----1.16B18.51M1.59M-4.83M-91.08M
Financing Cash Flow---1.13B-106.54M-121.24M-157.87M-102.86M
Capital Expenditure000002.22M8.88M0
Free Cash Flow----113.53M124.71M137.20M171.87M
Dividends Paid---71.48M71.48M74.89M110.16M93.59M
FCF to OCF----100.00%100.00%100.00%103.26%
Dividend Paid to FCF----62.96%60.05%80.29%54.46%

Earnings

Report DateJul 27, 2022Jan 25, 2023Jul 26, 2023Jan 23, 2025Apr 23, 2025Jul 23, 2025Oct 28, 2025Jan 28, 2026Apr 29, 2026Jul 29, 2026
EPS Estimate----------
EPS Actual0.010.010.010.000.010.010.010.010.010.01
Surprise----------
Timing--Pre-marketPre-marketPre-market-----

Key Statistics & Ratios

Market Cap1.51B
Enterprise Value2.30B
Trailing P/E15.50
Forward P/E12.55
Price / Sales5.52
Price / Book0.64
EPS0.04
Book Value0.96
Revenue (TTM)273.07M
Gross Profit (TTM)182.84M
Profit Margin38.70%
Operating Margin55.74%
Return on Equity4.57%
Return on Assets2.72%
Shares Outstanding2.43B
Shares Float455.40M
Beta0.20
Dividend Yield8.71%
Dividend Rate0.05
Payout Ratio110.07%

Dividends

20264×
0.01Nov 13, 20260.01Aug 4, 20260.01May 13, 20260.01Feb 11, 2026
20254×
0.01Nov 4, 20250.01Aug 11, 20250.01May 7, 20250.01Feb 7, 2025
20244×
0.01Nov 11, 20240.01Aug 7, 20240.01Apr 30, 20240.02Feb 15, 2024
20232×
0.02Aug 8, 20230.01Feb 7, 2023
20222×
0.02Aug 9, 20220.01Feb 11, 2022