IPO of IGB REIT

IGB is going to form a Real Estate Investment Trust (REIT) comprising of Mid Valley and The Gardens, and get listed in Bursa on 21 September tentatively. This IGB REIT will be one of the largest REIT listed in Bursa.

Mid Valley and The Gardens are both crowded during lunch time and weekends, especially during festive or mega sales. The rent out rate of the shops there should be high, as well as the rental. After the Pavillion REIT, this should be the next successful shopping malls REIT.

This is the timetable of the IPO:

Opening of application - 27/08/2012
Closing of application - 04/09/2012
Balloting of application - 07/09/2012
Allotment of IPO shares to successful applicants - 20/09/2012
Tentative listing date - 21/09/2012

(Source: http://www.bursamalaysia.com/market/listed-companies/company-announcements/1045753)


The IPO price is RM1.25 per share. There are around 200 million units made available for application by Malaysian public.

You may get more details here, http://www.bursamalaysia.com/market/listed-companies/company-announcements/1045737

Before you apply for the IPO, it's always advisable that you download and read the prospectus. Only invest in something that you understand. 

Personal views and sharing

I have been posting my blog in dual language all this while, however, I am not able to do so for all the posts due to time constraint. So, I will only post my personal views and sharing about financial planning in my chinese blog, which is http://chinese.leekk8.com.If you can read chinese, please visit to my chinese blog.

Anyway, I will still post in here for those investment knowledge related articles, which I really wish to share with all the people, especially those investment newbies, so that they can understand more about investment as well as the importance of personal financial planning.

Stay tuned for the coming articles...

Happy Chinese New Year & Gong Xi Fa Cai!

This is the beginning of a new lunar year, a "Water Dragon" year, do you all have your own financial planning yet? Although the financial planning series here is not updated for quite some time, it's still worthwhile to reread the series and check if you are going towards financial freedom. If you are still not clear about how to plan your financial, you may go through the financial planning series here again, and set your goals as well as your financial planning.

1) What is Financial Planning?

2) Some tools to help assessing our financial status

3) How to set financial goals effectively?

4) Setting Financial Goals

5) Start the Financial Plan – Pay Off the Debt

6) Is Emergency Fund Important?

7) Is Insurance Important?

If you have any question about financial planning, you may leave a message here. We can discuss and improve ourselves together. Lastly, wishes all of you a very Happy Chinese New Year and Gong Xi Fa Cai! May the new year bring you abundant of fortune and happiness.