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Igb commercial reit - IGB Commercial REIT reference price concern








IGB Commercial REIT Units Slip Below IPO Price In Stock Exchange Debut (The Edge Markets)


The REIT managers and sponsors have a long history of track record in growing IGB REIT, and it is a feat and accomplishment that many other M-REITs.



16 billion.


IGB Commercial REIT reference price concern








Thus, it would be the largest standalone office REIT in Malaysia upon its listing.

Earlier, IGBCR said it will be the sixth largest Malaysian REIT and the largest stand-alone office REIT by market capitalisation, net lettable area and appraised value.


IGB Commercial REIT IPO





IGB Commercial REIT IPO


It is the sixth largest Malaysian REIT and the largest standalone office REIT in Malaysia to date with a net lettable area of approximately 3.



But what do you think? Apart from the institutional offering, IGBCR units were also offered to shareholders of IGB through a ROFS, where IGB Bhd shareholders were entitled to subscribe to two ROFS units at RM1 each for every five shares held.





IGB Commercial REIT will derive a major of its value from the 7 properties in Mid Valley City.


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