Igb Commercial Real Estate Investment Trust (Malaysia)

The sponsor of IGB Commercial REIT is IGB Berhad. IGB Berhad and its group of companies (“IGB Groupâ€) have over 40 years of property development experience.
As at the Latest Practicable Date, the principal activities of IGB Group mainly consist of property investment and management, owner and operator of the Subject Properties and malls, hotel operations, property development, construction, information and communication technology services, provision of engineering services for water treatment plants and related services, education, investment holding and management of REIT.
As at the Latest Practicable Date, IGB Berhad is the holding company of the Manager with an indirect interest of 100.0% in the Manager.
The Manager, IGB REIT Management Sdn Bhd, was incorporated in Malaysia on 21 March 2012. As at the Latest Practicable Date, it has an issued share capital of RM 1,000,000 comprising 1,000,000 ordinary shares. The principal acitivity of The Manager is management of REIT's. The Manager is an indirect wholly-owned subsidiary of the Sponsor. The Manager holds a Capital Market Services License for the regulated activity of fund management in relateion to asset management restricted to REITs.
As at the date of this Prospectus, the Manager also manages IGB REIT, a REIT which was listed on the Main Market on 21 Septemebr 2012. As at 31 December 2020, IGB REIT's total asset value stood at approximately RM5,220.9 million.