IGB Bhd.
MMYX:IGBB2.29
MYR
-0.09
(-3.78%)
ISIN
MYL5606OO008
Return %
Stock
S&P 500
1Y
4.73
14.20
3Y
60.51
81.12
5Y
162.92
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Boon Lee Tan
- Sector
- Finance
- Industry
- Real estate development
- Address
- Kuala Lumpur Malaysia
- IPO Date
- May 8, 2002
- Website
- igbbhd.com
- Similar Companies
- Business
- IGB Berhad is a Malaysia-based investment holding, property development, and property management company engaged primarily in retail and commercial property investment, residential and commercial real estate development, hospitality operations, and international education services. Founded in 1964 and headquartered in Kuala Lumpur, Malaysia, the company operates across Malaysia and maintains international assets and hospitality presences in Australia, the Philippines, the United Kingdom, and the United States. IGB Berhad conducts its operations through five principal business segments: Property Investment - Retail, Property Investment - Commercial, Property Development, Hospitality, and Education. The company's core product and service portfolio comprises the ownership, asset management, and leasing of landmark shopping destinations including Mid Valley Megamall, The Gardens Mall, and The Mall, Mid Valley Southkey; commercial office leasing and facilities management across Grade-A and prime corporate office towers such as Menara Tan & Tan, Menara Southpoint, Menara IGB, Menara Citibank, and The Gardens North and South Towers, largely held and managed through IGB Commercial REIT; residential and mixed-use property development, including high-rise condominiums, luxury landed strata villas, serviced residences, and commercial parcels such as The Batai in Bukit Damansara and the upcoming Merbau Hub & Residences; comprehensive hospitality and hotel management services operated through Cititel Hotel Management Sdn Bhd across upper-upscale, midscale, and economy tiers under the brand names St Giles Hotels, Cititel, Cititel Express, and MiCasa All Suite Hotel; educational services delivered via IGB International School, an authorized International Baccalaureate (IB) World School offering the Primary Years, Middle Years, Diploma, and Career-related Programmes; and ancillary operations including property maintenance, exhibition center operations, water treatment technologies, and eldercare living solutions. In recent major strategic developments, IGB Berhad completed the RM2.65 billion injection and sale of The Mall, Mid Valley Southkey in Johor Bahru to IGB Real Estate Investment Trust (IGB REIT), marking the trust's initial major retail asset expansion outside the Klang Valley. The company also entered into a joint venture through its 70%-owned unit Enrich Horizon Sdn Bhd with Southkey City Sdn Bhd to acquire approximately 19.7 acres of adjacent land in Johor Bahru to build out a multi-phase integrated mixed-use development. In commercial asset optimization, IGB Berhad transferred two office floors at Menara Southpoint to IGB Commercial REIT for RM62.4 million, streamlined its international footprint via the divestment of the St Giles London Hotel, completed the comprehensive refurbishment and 2026 reopening of St Giles Mid Valley in Kuala Lumpur to capture resurgent business and leisure travel demand, and expanded its property development pipeline through new residential market offerings at The Batai.