IGBREIT debut on Main Market of Bursa Malaysia

IPO Price: RM 1.25
Open Price: RM 1.37
High Price: RM 1.41
Low Price: RM 1.35
Close Price: RM 1.39

IGBREIT, the largest pure-retail REIT, is successfully debut on Friday.  This counter is the most active-traded counter with total volume traded of 236 million shares.  For those success get from IPO, sell your holding on 1st day should be able to earn from the range of 8% to 12.8%.

Based on the various research houses' fair price or target price as shown in table below, i.e. the range from RM 1.37 to RM 1.45, I believe there still have more room for this counter to growth or to reach their target price or even higher.

No	Research Companies	Fair Price (RM)
1	Affin Bank	1.43
2	Alliance Bank	1.37
3	ECM Libra	1.37
4	MIDF Research	1.43
5	OSK Research	1.37
6	RHB Bank	1.43
7	TA Securities	1.45

News on IGBREIT:
IGB REIT opens 10pc higher on debut
首日上市开红盘‧怡保花园產托溢价14仙
http://www.theedgemalaysia.com/business-news/221021-igb-reit-gains-112-over-ipo-price-on-maiden-day.html

IGB REIT expects to have Southkey mall by 2015
Southkey to be injected into IGB REIT