realestate

Majority of IGBCR Shareholders Are Public Companies Holding 54%

Key Insights: Public Companies Hold Significant Control Over IGB REIT

T
he general public has a significant influence on management and governance decisions at IGB Commercial Real Estate Investment Trust due to substantial control by public companies. A single shareholder, IGB Berhad, holds 54% of the company's shares. Institutions own approximately 11%. Public companies dominate the share registry with 54% ownership, making them the primary beneficiaries or losers of their investment in the company. Private companies account for 19% of shareholders.

    Institutions typically report to their investors by comparing themselves to a benchmark and often favor stocks included in major indexes. IGB Commercial Real Estate Investment Trust has institutional investors holding a significant portion of its stock, indicating credibility within the investment community. However, relying on institutional validation is not advisable as they can also make mistakes. When multiple institutions own a stock, there's a risk of a 'crowded trade,' which can lead to selling pressure if the trade goes wrong.

    IGB Commercial Real Estate Investment Trust is not owned by hedge funds. IGB Berhad holds 54% of shares outstanding, giving them significant control over the company's future. Wah Seong (Malaya) Trading Co Sdn Bhd and Tan Chin Nam Sdn Bhd are the second and third largest shareholders with 8.1% and 4.2% ownership respectively.

IGBCR shareholders meeting with public companies holding majority stake in conference room.