IGB Reit

IGB Reit


时时刻刻提醒自己，好的公司是什么？
１。生意赚钱
２。管理层好（当然也要给股息）

接下来看看IGB符合条件吗：

先看管理层，生意方面迟些再补写。


管理层：

他们说 key objective is to provide Unitholders with regular and stable distributions, sustainable long term Unit price, and Distributable Income and capital growth, while maintaining an appropriate capital structure.　（这个我喜欢，有钱收谁不喜欢呢）　

为了达到以上的objective, 所采用的方式是：
1。Active asset management strategy （seek to optimise the rental rates, occupancy rates）
2。Acquisition growth strategy (acquire properties that fit)
3。Capital and risk management strategy ( employ an appropriate mix of debt and equity in financing acquisitions) 
方式中规中矩，所有Reits都是这样的吧。

高级管理层：
Dr　Lin See Yan： 做过/着很多大公司的管理层。 如：（过往）Fraser & Neave Holdings Bhd， Great Eastern Holdings Ltd.； （目前）The Straits Trading Company Limited，Ancom Berhad，Genting Berhad，Silverlake Axis Ltd.，JobStreet Corp. Bhd.，Top Glove Corporation Berhad。　　
Krisassets Holdings Berhad 和　Wah Seong Corporation Berhad　都是IGB自家的就不说了。同时他还担任过　Chairman/President and Chief Executive Officer of Pacific Bank Group
and for 14 years previously, Deputy Governor of Bank Negara Malaysia (the Central Bank), having been a central banker for 34 years.　他是名banker, 我想有他在金融业的问题不大吧。　

Robert Tan Chung Meng (MD): 除了PPSC (HK) Ltd以外，其他的都是自家的。has been the Group Managing Director of Krisassets Holdings Berhad (formerly known as Kris Components BHD) since October 1, 2004. Mr. Tan has been the Group Managing Director of IGB Corporation Berhad since May 30, 2001, and previously served as its Joint Managing Director since December 18, 1995.　从1995年就从父亲Tan Kim Yeow接手IGB了。　

Antony Patrick Barragry (CEO): 是qualified architect。previously Project Director in the construction of Mid Valley City Phase 1。he spearheaded the development of more than 6 million sq ft of commercial space in Mid Valley　City’s Phases 2 , 3 and 4.　找architect做CEO？　（应该是有参与mid valley 的development,对mid valley 很熟悉 所以找他担任吧。。）除此之外，找不出什么特别资料。　1 September 2012　刚上任，再看看吧。。　
　　　　

一点历史资料：

Kim Yeow and his brother Chin Nam founded Ipoh Garden Sdn Bhd, the forerunner of the IGB group, in 1964. The brothers also formed another property unit, then known as Tan & Tan Sdn Bhd, in 1972. This unit changed its name to Tan & Tan Developments Bhd and was subsequently listed in 1993, acting as IGB’s holding company. 

In 2000, IGB and Tan & Tan announced a massive merger and rationalisation exercise that has now resulted in IGB assuming the property assets of parent Tan & Tan, which then transferred its listing status to a new vehicle Gold IS Bhd, another entity controlled by the two Tan families. 

source:　Annual report, bloomberg businessweek, the star. 

http://www.thestar.com.my/story.aspx/?file=%2F2007%2F6%2F23%2Fbizweek%2F20070623114607 

http://investing.businessweek.com/research/stocks/people/person.asp?personId=8224509&ticker=GENT:MK

http://investing.businessweek.com/research/stocks/people/person.asp?personId=8552396&ticker=IGB:MK