Strategic Asset Divestment Boosts Future Growth Prospects IGBB: Strategic Asset Divestment Boosts Future Growth Prospects Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY IBG Berhad recently announced a significant strategic move, divesting its 49.47% interests in 12 Bedford Avenue Ltd and St Giles Hotel Limited, which collectively own the…
Financial News Report IGBB: Strong Operational Performance Meets Expectations Amidst Robust Rental Growth Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY The latest third quarter financial results for the period ending December 2025 (3QFY25) have come in within expectations, with net profit recording a robust increase. The period saw…
Financial News Report IGBB: Property Conglomerate Meets Expectations, Rating Downgraded to Neutral Investment Bank TA SECURITIES TP (Target Price) RM0.25 (+25.0%) Last Traded RM0.20 Recommendation BUY Property conglomerate IGB Berhad reported its 2QFY25 net profit at RM75.3 million, a marginal 0.2% decline year-on-year and a 59.3% drop quarter-on-quarter, aligning with analyst expectations. For the first…
IGB Berhad’s Q1 2025 Report: Revenue Soars 20%, But What’s Behind the PBT Dip? Published on May 27, 2025 by A Senior Blogger Greetings, fellow investors and market enthusiasts! Today, we’re diving deep into the latest financial report from IGB Berhad (“IGBB” or “the Group”) for the first quarter ended 31 March 2025 (1Q25). Known…
IGB Berhad Navigates Q1 2025 with Robust Revenue Growth Amidst Strategic Shifts Greetings, fellow Malaysian investors! Today, we’re diving into the latest interim financial report for IGB Berhad for the first quarter ended 31 March 2025. IGB, a diversified conglomerate known for its significant presence in property investment (retail and commercial), hotels, and property development,…