Advanced Lithium Electrochemistry (Cayman) Co., Ltd. (5227)

Overview

IGB REIT, domiciled in Malaysia, was established on the 25th of July, 2012, marking its presence in the real estate investment scene by focusing on income-producing retail properties. It made its debut on the Main Market of Bursa Malaysia Securities Berhad on the 21st of September, 2012. Steering towards a niche in retail real estate, IGB REIT manages a portfolio that boasts a significant footprint in the Klang Valley area, featuring two prominent malls: Mid Valley Megamall and The Gardens Mall. As of the end of 2022, the trust demonstrates a robust financial standing with a market capitalisation of RM5.92 billion and its investment properties valued at RM5.02 billion. IGB Berhad, holding a 48.332% stake, is the major unitholder, highlighting a strong backing and trust in its operations and strategic direction.

Products and Services

• Mid Valley Megamall (MVM)

MVM stands as one half of IGB REIT's premier retail offering, situated at the heart of the bustling Klang Valley. It's not just a shopping destination but a comprehensive lifestyle center where visitors can indulge in a wide spectrum of retail, dining, and entertainment options. With its vast net lettable area, Mid Valley Megamall caters to a broad demographic, aiming to provide an all-inclusive shopping experience that melds variety with convenience.

• The Gardens Mall (TGM)

The Gardens Mall, complementing Mid Valley Megamall, adds a more upscale dimension to IGB REIT's portfolio. Located strategically to attract a more discerning clientele, TGM stands as a testament to luxury retail within the region. It houses a variety of high-end brands and eateries, tailored to offer an exclusive shopping and dining experience. Like its sister mall, TGM boasts a significant net lettable area, ensuring a wide array of options for its visitors.