IGBCR

0.645

(%)

OTHERS IGB Commercial Real Estate Investment Trust ("IGBCR") (i) Listing and quotation for up to 200 million units in IGBCR to be issued as management fee payments to IGB REIT Management Sdn Bhd ("IGB REIT Management") on a staggered basis ("Approved Manager's Units); and (ii) Acceptance of lower public unitholding spread of 20% ("Approved Public Spread")

IGB COMMERCIAL REAL ESTATE INVESTMENT TRUST

Type Announcement
Subject OTHERS
Description 
IGB Commercial Real Estate Investment Trust ("IGBCR")
(i)     Listing and quotation for up to 200 million units in IGBCR to be issued as management fee payments to IGB REIT Management Sdn Bhd ("IGB REIT Management") on a staggered basis ("Approved Manager's Units);  and
(ii)	Acceptance of lower public unitholding spread of 20% ("Approved Public Spread")
 
This announcement is in reference to Bursa Malaysia Securities Berhad's letters dated 7 May 2021 and 16 July 2021 about the Approved Manager's Units and the Approved Public Spread. 3,757,485 new IGBCR units are to be issued to IGB REIT Management, the Manager of IGBCR as management fee for the fourth quarter of 2025 ("4Q25"), as detailed below:

 

    Quarter Ended

 

                                  Management Fee (“MF”)

    50% of MF in the form of new IGBCR     

    units (“Units”)

                  Basis for the Units

 

      4Q25

 

 

 

 

 

  

 

Base Fee at 0.3% per annum (“p.a.”) of total asset value, excluding cash and cash balances held in non-interest-bearing accounts

 

Performance Fee at 5% p.a. of net property income

           RM

                RM 

          Units

RM0.641 is based on the volume-weighted average market price of IGBCR units over the last 5 market days, from 21 January to 27 January 2026, before IGBCR’s 4Q25 Results announced on 28 January 2026

 

         2,724,482

 

 

 

 

         2,092,614

 

               1,362,241

 

 

 

 

                1,046,307

 

 

        2,125,181

 

 

 

 

        1,632,304

 

 

 

Total

         4,817,096

             2,408,548

        3,757,485

 

 

After the issuance of the new IGBCR units as MF, the public unitholding spread of IGBCR is 22.35%, complying with the Approved Public Spread.

This announcement is dated 29 January 2026.

 



Announcement Info

Company Name IGB COMMERCIAL REAL ESTATE INVESTMENT TRUST
Stock Name IGBCR
Date Announced 29 Jan 2026
Category General Announcement for PLC
Reference Number GA1-23102025-00034


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