How to get IGB reit without applying IPO and depending on luck?
You can buy Kris ASSet directly.
How much is today closing price?
1000 unit of KAsset will have distribution of 5420 unit of IGB REIT and capital repayment of RM 2,430.
IPO is 1.25, so 5420 * 1.25 = RM 6775 + 2430 = RM 9205.
By Buying at RM 8770, your gain RM 9205 - 8770 = RM 435.
This is not yet included the gain in the new IPO.
Got so big kap na simply jump???
More on IGB REIT: