ListedMain Market· 5299

IGB Commercial Real Estate Investment Trust IPO

Real Estate Investment Trusts. Offered at RM1.00 a share, listed on 20 Sept 2021.

Offer price

RM1.00

Shares offered

378.0m

RM378m at offer

Market cap at listing

TBA

Offer period

10 Jun 2021 to 20 Aug 2021

Listing date

20 Sept 2021

Principal adviser

See prospectus

Timeline

Offer opens
10 Jun 2021
Offer closes
20 Aug 2021
Balloting
To be announced
Listed
20 Sept 2021

First day of trading

-27%

Opened below the offer price, closed -30% on day one.

First-day forecast

CISCOM's forecast for IGB Commercial Real Estate Investment Trust is available to Pro members.

Every IPO gets a projected first-day range and a probability of opening above the offer price, built from the most similar past listings on Bursa Malaysia. Across 246 IPOs in the walk-forward back-test, the model called the first-day direction right 74% of the time. Educational estimates, not investment advice.

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Facts on this page come from Bursa Malaysia announcements, the prospectus and issuing-house press releases, and can change. CISCOM is an educational service and does not provide investment advice. Past performance does not guarantee future results. Consult a licensed adviser before investing.