Highlights
KLSE: IOIPG (5249)       IOI PROPERTIES GROUP BHD MAIN : Property
Last Price Today's Change   Day's Range   Trading Volume
1.13   -0.01 (0.88%)  1.13 - 1.15  42,800
Trade this stock and win a FREE I3investor T-shirt after 5 trades. Find out more.

General Meeting

Hints :
[1] Click the View Entitlement icon table to view the Meeting detail page.

Click here to modify the Visible Columns.

Ann. Date Date Time Type Venue View
04-Oct-2019 06-Nov-2019 10:00 AGM Millennium Ballroom 1 (Level 1), Le Méridien Putrajaya, Lebuh IRC, IOI Resort City, 62502 Putrajaya, Malaysia Meeting Detail
28-Sep-2018 31-Oct-2018 10:00 AGM Millennium Ballroom 1 (Level 1), Le M ridien Putrajaya, Lebuh IRC, IOI Resort City, 62502 Putrajaya, Malaysia Meeting Detail
28-Sep-2017 27-Oct-2017 10:00 AGM Putrajaya Ballroom I (Level 3), Putrajaya Marriott Hotel, IOI Resort City, 62502 Sepang Utara, Malaysia Meeting Detail
25-Jan-2017 13-Feb-2017 10:00 EGM Putrajaya Ballroom I (Level 3), Putrajaya Marriott Hotel, IOI Resort City, 62502 Sepang Utara, Malaysia. Meeting Detail
29-Sep-2016 26-Oct-2016 10:00 AGM Putrajaya Ballroom I (Level 3), Putrajaya Marriott Hotel, IOI Resort City, 62502 Sepang Utara, Malaysia Meeting Detail
17-Dec-2015 04-Jan-2016 10:00 EGM Putrajaya Ballroom I (Level 3), Putrajaya Marriott Hotel, IOI Resort City, 62502 Sepang Utara, Malaysia Meeting Detail
01-Oct-2015 26-Oct-2015 10:00 AGM Putrajaya Ballroom I (Level 3), Putrajaya Marriott Hotel, IOI Resort City, 62502 Sepang Utara, Malaysia Meeting Detail
02-Dec-2014 18-Dec-2014 10:00 EGM Putrajaya Ballroom I (Level 3), Putrajaya Marriott Hotel, IOI Resort, 62502 Putrajaya Meeting Detail
02-Oct-2014 27-Oct-2014 10:00 AGM Putrajaya Ballroom I (Level 3), Putrajaya Marriott Hotel, IOI Resort, 62502 Putrajaya, Malaysia Meeting Detail
Analyze this stock with MQ Trader system

  3 people like this.
 
Victor Yong collect 3sen dividend bulan ini 27 sep


Interim Dividend on 29-Aug-2019
Stock [IOIPG]: IOI PROPERTIES GROUP BHD
Announcement Date 29-Aug-2019
Financial Year 30-Jun-2019
Subject Interim Dividend
Type Dividend - Normal or Special
Description Interim single tier dividend of 3.0 sen per ordinary share
Amount RM 0.03
Ex Date 17-Sep-2019
Entitlement Date 18-Sep-2019
Payment Date 27-Sep-2019
03/09/2019 2:38 PM
Victor Yong EPF sudah holds 7%+ tapi beli berterusan haha
03/09/2019 2:39 PM
Victor Yong beli sebelum terlewat haha
03/09/2019 2:39 PM
Victor Yong target prices semua buy calls./// tunggu apa lagi :)

Price Target
Date Open Price Target Price Upside/Downside Price Call Source
30/08/2019 1.16 1.65 +0.49 (42.24%) BUY KENANGA
30/08/2019 1.16 2.04 +0.88 (75.86%) BUY HLG
30/08/2019 1.16 1.89 +0.73 (62.93%) BUY AmInvest
30/08/2019 1.16 1.82 +0.66 (56.90%) BUY Affin Hwang Capital
03/09/2019 2:40 PM
Victor Yong terendah dah hari ni :)

Market Cap: 6,299 Million
NOSH: 5,525 Million
Avg Volume (4 weeks): 2,070,666
4 Weeks Range: 1.14 - 1.29
4 Weeks Price Volatility (%):
0.00%
52 Weeks Range: 1.14 - 1.80
52 Weeks Price Volatility (%):
0.00%
Average Price Target: 1.88
Price Target Upside/Downside: +0.74
03/09/2019 2:41 PM
Victor Yong terindah

IOI Properties - Set to Launch China Projects Worth 2.9bil yuan in GDV
Author: AmInvest | Publish date: Fri, 30 Aug 2019, 9:23 AM

Investment Highlights
We maintain our BUY recommendation on IOI Properties Group (IOIPG) with an unchanged fair value of RM1.89 based on SOP valuations (Exhibit 2). We make no changes to our FY20–FY21 earnings forecasts, and introduce FY22 net profit forecast at RM776.2mil.
IOIPG’s FY19 net profit of RM661.3mil (-12.3% YoY) came in within our expectations but below consensus at 91% of full-year estimates. Revenue fell by 17.7% mainly due to lower contribution from the property development segment. The higher PBT (+6.9%) is contributed by development projects in China, and a higher share of profit in joint ventures mainly arising from the sale of South Beach Residences in Singapore. However, net earnings fell by 12.3% mainly due to higher taxation. IOIPG recorded new sales of RM1.93bil in FY19, RM53.3mil higher than FY18 mainly contributed by sale of development projects in IOI Palm City, China.
The property development segment recorded a FY19 EBIT of RM613mil (+7.9% YoY) as a result of higher profit contribution from its development projects in China. The property investment segment remained stable, with a FY19 EBIT growth of 6.6% to RM207.9mil.
IOIPG is planning to launch projects worth 2.9bil yuan in GDV in FY20 with the main focus in Xiamen, China. The previous launch of properties in Xiamen back in September 2018 has seen positive results as the properties were almost fully taken up within a day.
We make no changes to our FY20–FY21 earnings forecasts, and introduce FY22 net profit forecast at RM776.2mil. Meanwhile, the upcoming investment properties in IOI Palm City, Xiamen, comprising 2.37mil NLA of retail and office are progressing well, and scheduled to be completed in stages from 2020. Also, the 1.5mil sq ft of retail and office area at Central Boulevard, Singapore, scheduled for completion in 2022, will provide additional revenue for the investment properties division moving forward.
We believe the outlook for IOIPG remains positive anchored by a strong contribution from its property development projects, particularly in China and Singapore, stable income from property investments and its growing leisure and hospitality business.
Source: AmInvest Research - 30 Aug 2019
03/09/2019 2:42 PM
Victor Yong cantik

Added to Top Sector BUY
We add IOIPG to our top sector BUYs as we believe the 11% share price correction is a buying opportunity. Valuations are attractive at current Price/Book of 0.3x and FY20E PER of 10x. We trim our RNAV/share estimate to RM3.64 from RM3.66 to reflect higher net debt. Based on the same 50% discount to RNAV, we trim our TP to RM1.82 from RM1.83. Key downside risk is the prolonged local property market weakness.

Source: Affin Hwang Research - 30 Aug 2019
03/09/2019 2:44 PM
Victor Yong will up like crazy soon like astro fell to about RM1 last time
03/09/2019 2:50 PM
Good123 Next year higher dividend, China project baru bermula
03/09/2019 2:54 PM
Good123 Net assets per share rm3.42, current price only 1/3, fire sale price, ioi is a branded property Developer
03/09/2019 2:55 PM
Good123 Puchong is a town that never seems to stop expanding and a popular location to set up home for many.

“Puchong developed rapidly when the Damansara-Puchong Expressway (LDP) was built in 2002. The extension of the light rail transit (LRT) has made this area more accessible,” says Savills Malaysia director of research and consultancy Amy Wong.

There are now seven LRT stations in Puchong. The area is accessible via the Maju Expressway, Damansara-Puchong Expressway and NKVE-Elite Expressway and with convenient access to the Kuala Lumpur city centre and other parts of the Klang Valley such as Petaling Jaya and Subang Jaya, says Wong.

One of the earliest developments in Puchong is the self-contained 374ha Bandar Puchong Jaya, launched by IOI Properties Group Bhd in 1990. Considered the pioneer developer in the area, IOI Properties opened IOI Mall in Bandar Puchong Jaya in 1996 and launched Bandar Puteri Puchong in 2000 and 16 Sierra in Puchong South in 2010. In 2013, it unveiled the Puchong Financial Corporate Centre on a 3.24ha parcel in Bandar Puteri Puchong, comprising four corporate offices and a business hotel run by Four Points by Sheraton, which began operations in 2014.

Development is nowhere near coming to an end. IOI Properties’ latest project is the 72-acre IOI Rio City, an integrated mixed-use development in Bandar Puteri Puchong that will comprise offices and retail and residential properties.

Apart from IOI Properties, other property players in Puchong include Glomac Bhd, LBS Bina Group Bhd, S P Setia Bhd and YTL Land & Development Bhd.

Strategically positioned close to Bandar Sunway , Putrajaya, Old Klang Road and Bukit Jalil, Puchong is a favourite with homeowners and investors. The demand for residential properties in the area has seen the development of many townships, including Pusat Bandar Puchong, Puchong Intan, Puchong Utama, Puchong Perdana, Puchong Hartamas, Bandar Bukit Puchong and Saujana Puchong.

Puchong today features many bustling commercial centres, with modern amenities and facilities such as schools, hospitals, offices, hotels, shopping centres and hypermarkets.

“Bandar Kinrara by I&P Group (now a member of S P Setia Bhd) is one of the townships in Puchong that has seen high capital appreciation since its launch in 1991. The township is served by the LRT Ampang Line under the LRT extension project. Recently, there have been many developments in the southern part of Puchong such as 16 Sierra by IOI Properties and Sunway Eastwood by Sunway Bhd, which are close to Putrajaya and Cyberjaya,” says Wong.

Residential values have been on the rise. Data from Savills Malaysia reveal that Koi Kinrara by Masteron Group has seen a capital appreciation of 15% from 2014 to 2018, while Vista Prima by Kumpulan SPL Development has risen 11% over the same period. The transacted prices at Koi Kinrara rose from RM381 psf in 2014 to RM438 psf in 2018, for a compound annual growth rate (CAGR) of 3.5%, while at Vista Prima, prices increased from RM271 psf to RM299 psf, for a CAGR of 2.5%.

Data from EdgeProp.my and the National Property Information Centre show that a 1,399 sq ft terraced house in Bandar Bukit Puchong by Ayer Holdings Bhd was sold for RM510,000 psf or RM364 psf in March. Meanwhile, a 1,539 sq ft house in Bandar Puchong Jaya by IOI Properties was sold for RM830,000 or RM539 psf in the same month.

As for high-rises, a 1,076 sq ft unit in Koi Kinrara was sold for RM535,000 or RM497 psf in December last year, and a 1,087 sq ft unit in Vista Millennium Condo by Millennium Land Sdn Bhd fetched RM220,000 or RM202 psf in February.

A search of EdgeProp.my listings reveal that landed properties of 900 to 3,000 sq ft in size have asking rents of RM500 to RM3,500 per month, and for high-rise units of the same size, RM750 to RM7,500 psf.

The average selling price psf for non landed is RM247 compared to the state average of RM237, while the average selling price psf for landed is RM1,963, compared to the state average of RM2,085.



A tale of food and traffic woes

Mention Puchong and more often than not, the conversation will turn to food as well as traffic woes — both of which are signs of a booming town. Said to be named after Burung Pucung, a type of heron, Puchong was once a rubber plantation and tin-mining town that was established in the early 20th century.

To delve into a bit of history, many local Chinese companies acquired mining companies in Puchong from the British after indepenence in 1957. In the mid-1980s, the collapse of international tin prices resulted in many residents and workers shifting to rubber and palm oil plantations. In the early 1990s, Puchong’s strategic location between Kuala Lumpur and Putrajaya attracted a wave of development and led to a rapid rise in its population.

The growth of the area was further spurred when Putrajaya became the federal administrative capital while neighbouring Cyberjaya began to flourish.
03/09/2019 3:02 PM
Good123 No wonder epf buying nonstop

IOI Properties following share price fall, says RHB
BUSINESS
Monday, 22 Apr 2019 1:07 AM MYT

KUALA LUMPUR: Value has emerged in IOI Properties Bhd following the 15% to 20% drop in its share price over the last three months, says RHB research.

The research house upgraded the counter to buy from neutral with an unchanged target price of RM1.76.


In a note, it said it met with IOI Properties' management, which suggested that there was no material explanation for the fall in the share price.

The group's most recent launch in Xiamen 2 in December 2018 was over 80% sold. In FY19 so far, the group has launched over RM400mil of projects in China, which have been well received.


Meanwhile, management is looking to roll out the Xiamen 3 project in Xiang An in mid-2019 if the market is ready for the pricing and product.

RHB added that the group stands to be a beneficiary of the ECRL line and potentially the High Speed Rail (HSR) project if revived.

"With about 700 acres of development land around IOI Resort City, we think IOI Properties is a prime beneficiary of the railway network that will have a stop at Putrajaya Sentral.

"These are the ECRL, ERL, and MRT2 (Sungai Buloh-Serdang-Putrajaya line) that have already been allocated a stop at Putrajaya Sentral, which is 11-12 km away from the site," it said.

Assuming the HSR project is revived, the link could potentially have a stop at Putrajaya Sentral while IOI Properties owns more than 1,000 acres of land directly opposite the Ayer Keroh HSR station as per the original plan.

Near-term earnings growth should also be backed by IOI Properties' investment property assets, which make up over 20% of its total revenue, as compared to about 10% two years ago.

IOI Properties is currently constructing Phase 2 of IOI City Mall, which should have a net lettable area of one million sq ft to be completed in 2021/22.

RHB added that the development's average rental has hit about RM10 psf compared to RM7.50-8 psf during its inception.
03/09/2019 3:06 PM
Good123 I think epf might increase its stake in ioip till 10%+ from its current 7%+... with ecrl n hsr later, property values would skyrocket in Malaysia
03/09/2019 3:30 PM
Good123 Happy with the 3sen dividend receivable this month... surely next year will be much better
03/09/2019 3:32 PM
Good123 IOIPG - Notice of Book Closure
IOI PROPERTIES GROUP BERHAD

Interim single tier dividend of 3.0 sen per ordinary share


Kindly be advised of the following :

1) The above Company's securities will be traded and quoted "Ex - Dividend” as from: 17 Sep 2019
2) The last date of lodgment : 18 Sep 2019
3) Date Payable : 27 Sep 2019




Announcement Info
Company Name IOI PROPERTIES GROUP BERHAD
Stock Name IOIPG
Date Announced 30 Aug 2019
Category Listing Circular
Reference Number ILC-30082019-00015
03/09/2019 3:33 PM
Victor Yong Swap shares with ioi Corp to privatize ioipg? :) Ytlland
04/09/2019 7:53 AM
Victor Yong IOI Corp and EPF can privatise ioiprop and relist later :)

Friday, 30 Aug 2019

5:23PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (1,000,000 units Acquired)

2:40PM IOIPG IOIPG - Notice of Book Closure


Thursday, 29 Aug 2019

6:57PM IOIPG OTHERS

6:57PM IOIPG OTHERS

6:56PM IOIPG Interim single tier dividend of 3.0 sen

6:54PM IOIPG Financial year end net profit 660.430 million (decreased 15.12%)

5:36PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (1,000,000 units Acquired)


Wednesday, 28 Aug 2019

5:38PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (405,900 units Acquired)


Tuesday, 20 Aug 2019

5:41PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (90,100 units Acquired)


Monday, 19 Aug 2019

5:41PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (854,900 units Acquired)


Friday, 16 Aug 2019

5:25PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (767,900 units Transacted)


Wednesday, 14 Aug 2019

5:55PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (449,900 units Acquired)


Tuesday, 13 Aug 2019

6:07PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (198,000 units Acquired)


Friday, 9 Aug 2019

5:35PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (103,500 units Acquired)


Thursday, 8 Aug 2019

5:49PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (120,000 units Acquired)


Wednesday, 7 Aug 2019

5:44PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (370,000 units Acquired)


Tuesday, 6 Aug 2019

5:14PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (95,300 units Acquired)


Monday, 29 Jul 2019

6:12PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (27,530,726 units Transacted)


Monday, 22 Jul 2019

5:59PM IOIPG DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)

1:23PM IOIPG DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)

1:20PM IOIPG LEE YEOW CHOR (50,000 units Transacted)


Friday, 28 Jun 2019

12:34PM IOIPG Change in Risk Committee

12:34PM IOIPG Change in Risk Committee (Amended)

12:34PM IOIPG Redesignation of TAN KIM LEONG@TAN CHONG MIN As Others


Thursday, 27 Jun 2019

5:41PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (1,502,000 units Acquired)

5:38PM IOIPG Change in Risk Committee

5:38PM IOIPG Redesignation of TAN KIM LEONG@TAN CHONG MIN As Others

5:37PM IOIPG Redesignation of LEE SAY TSHIN As Others


Wednesday, 12 Jun 2019

6:16PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (2,000,000 units Acquired)


Tuesday, 11 Jun 2019

5:40PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (2,847,000 units Acquired)


Monday, 10 Jun 2019

5:31PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (2,669,545 units Acquired)

5:31PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (21,527,741 units Acquired)


Friday, 7 Jun 2019

5:02PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (7,739,000 units Acquired)


Monday, 3 Jun 2019

5:40PM IOIPG WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR

9:00AM IOIPG Demised of LEE SHIN CHENG As Chairman


Friday, 31 May 2019

5:12PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (10,000,000 units Acquired)

5:06PM IOIPG Retirement of LEE SHIN CHENG As Chairman


Wednesday, 29 May 2019

5:16PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (1,255,786 units Disposed)


Tuesday, 28 May 2019

5:43PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (3,817,000 units Acquired)


Monday, 27 May 2019

6:09PM IOIPG OTHERS

6:03PM IOIPG Nine-month net profit 520.912 million (increased 1.02%)

5:17PM IOIPG EMPLOYEES PROVIDENT FUND BOARD (3,000,000 units Disposed)


Friday, 24 May 2019

5:45PM IOIPG DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)

5:42PM IOIPG LEE YEOW SENG (1,300,000 units Acquired)

5:42PM IOIPG VERTICAL CAPACITY SDN BHD (1,300,000 units Acquired)

5:42PM IOIPG LEE YEOW CHOR (1,300,000 units Acquired)

5:42PM IOIPG LEE SHIN CHENG (1,300,000 units Acquired)

5:42PM IOIPG LEE YEOW CHOR (1,300,000 units Acquired)

5:42PM IOIPG LEE YEOW SENG (1,300,000 units Acquired)

5:42PM IOIPG LEE SHIN CHENG (1,300,000 units Acquired)
04/09/2019 2:01 PM
Victor Yong EPF and IOI shareholders continue to sapu non-stop.... better to take it private and relist later like maxis and astro
04/09/2019 2:02 PM
Good123 Epf and ioi founder's family members are still buying , confidence in it
04/09/2019 3:16 PM
Good123 Dividend to be paid on sep 27 this month, buy now = ~1.1 buy price after getting the dividend this month later :) lowest price since ipo
04/09/2019 3:18 PM
Good123 Dividend ex date sep 17, pay on 27 sep baik
04/09/2019 4:04 PM
Good123 In green now :)
04/09/2019 4:05 PM
Good123 Swing to uptrend now
04/09/2019 4:28 PM
Good123 Ioip might implement share buyback
04/09/2019 4:36 PM
Good123 Epf will accumulate more based on what epf did recently
04/09/2019 4:36 PM
Good123 Buy now, wait till sep 17, already secured 3 sen div :)
04/09/2019 4:38 PM
Good123 Net assets per share rm3.42, branded Developer...murah
04/09/2019 4:46 PM
Good123 Grab b4 epf buys more today
05/09/2019 9:08 AM
Good123 Share buyback is possible too
05/09/2019 9:08 AM
Good123 Bila epf beli, naik kembali

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
IOI PROPERTIES GROUP BERHAD

Particulars of substantial Securities Holder
Name EMPLOYEES PROVIDENT FUND BOARD
Address Tingkat 19, Bangunan KWSP
Jalan Raja Laut
Kuala Lumpur
50350 Wilayah Persekutuan
Malaysia.
Company No. EPF ACT 1991
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 27 Aug 2019
1,000,000
Acquired Direct Interest
Name of registered holder Citigroup Nominees (Tempatan) Sdn Bhd-Employees Provident Fund Board
Address of registered holder Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Acquisition of Shares
Nature of interest Direct Interest
Direct (units) 392,438,532
Direct (%) 7.127
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change 392,438,532
Date of notice 28 Aug 2019
Date notice received by Listed Issuer 30 Aug 2019
05/09/2019 9:10 AM
Good123 Repeat soon haha

Since hitting its 52-week low of RM1.16 on May 14, IOI Properties Group Bhd has gained more than 14%, closing at RM1.34 last Wednesday.

During the week in review, the Employees Provident Fund (EPF) acquired 17.74 million shares in the property company, pushing its holding to 357.05 million shares or 6.48% equity interest.

The EPF has been trading IOI Properties shares quite actively. In mid-May, the fund held 359.69 million shares in the company, but reduced its holding to 336.75 million shares or 6.11% on May 21 before going on a buying spree.
05/09/2019 9:11 AM
Good123 Being realised in stages

https://www.edgeprop.my//content/866086/ioi-properties-plans-third-china-mixed-use-project
05/09/2019 9:15 AM
Good123 IOI Palm City
IOI Palm City
IOI Palm City
IOI Palm City
IOI Palm City
IOI Palm City
IOI Palm City is the first mega scale urban mixed-use development project invested by IOI Properties Malaysia in China. IOI Palm City has been in the core area of Jimei New City, Xiamen where the mega scale business travel and leisure shopping mall, boutique offices, waterfront mansions, five stars hotel, office premises have converged.

The project has occupied a total land area of hundreds of acres, whereby the project built-up area is more than a million square meters; the total investment is expected to be over RMB 8 Billion Yuan.
05/09/2019 9:16 AM
Good123 http://ioipg.cn/eng/jimei.aspx
05/09/2019 9:17 AM
Good123 PUTRAJAYA: IOI Properties Group is aiming for a 25 to 35 per cent growth in net profit in financial year 2019 (FY19), driven by strong demand for its projects in Malaysia, China and Singapore, said the group’s chief executive officer Lee Yeow Seng today.

He said the company is targeting sales of over RM3 billion for FY19, compared to RM2.8 billion last year, from new projects to be launched this year.

“The group will be launching properties both locally and abroad, and targets to achieve over RM3 billion in revenue this fiscal year. Overseas projects are expected to account for 60 per cent of the group’s net profit in FY19, while the remainder will come from local projects.

“Our overseas investments are doing well. In China, we launched a project in September last year and the response was quite good. We sold 96 per cent. We are confident our new launches in China will receive a very positive response,” he told reporters after its annual general meeting here today.

Explaining further, Lee said the group still has projects worth RMB4 billion (approximately RM2.4 billion) there to be rolled out over two fiscal years, which include mid- to high-rise condominiums and town villas in IOI Palm City, Xiamen.

In Singapore, he said, IOI Properties Group will be able to tap into the strong interest in prime Grade A office space for its Central Boulevard project that is strategically located within Marina Bay and the business district.

On Malaysia’s property market outlook, Lee, however, said the group does not expect the market to rebound too quickly until several fundamental problems, such as the oversupply of affordable housing and office space in the country, are sorted out.

Asked to respond to Finance Minister Lim Guan Eng’s call for property developers to lower house prices by up to 10 per cent with the sales and service tax exemption on construction services and building material costs, Lee said: “We have to study and evaluate further. But the group’s upcoming projects are likely to trend higher instead. The 10 per cent price cut in selling price is challenging with labour and material costs on the rise.

“We think that it’s healthier for our new launches to have a price increase, instead of a drop in selling price. Our house buyers who have bought earlier on would be upset,” he added.– BERNAMA
05/09/2019 9:18 AM
Good123 grab.. 1.13 after getting 3sen div =1.10 cheapest price ever
05/09/2019 9:26 AM
Good123 Ioip is shariah compliant. Epf and other funds can buy more for its devout account holders or investors

IOIPG Corporate Information
Website Link
Full Name IOI PROPERTIES GROUP BERHAD
Symbol & Code IOIPG (5249)
Board MAIN
Shariah Shariah Compliant Compliant
Sector Property
Sub-Sector Property
05/09/2019 9:35 AM
Good123 Sapu more for kwsp accounts holders who had opted for Islamic accounts :)

IOIPG Shareholding Changes
Date of change Shares Director/
Substantial Shareholder
27 Aug 2019 Acquired
1,000,000 Employees Provident Fund Board
26 Aug 2019 Acquired
1,000,000 Employees Provident Fund Board
23 Aug 2019 Acquired
405,900 Employees Provident Fund Board
15 Aug 2019 Acquired
90,100 Employees Provident Fund Board
14 Aug 2019 Acquired
854,900 Employees Provident Fund Board
05/09/2019 9:36 AM
Good123 Praising ioiprop again and again :)

(吉隆坡4日讯)产业股次季业绩平平,基于产业情绪低迷,达证券调低今明两年盈利预测7%和13.1%,维持产业股“中和”评级。

达证券研究的9家主要产业公司业绩表现显示,2家表现超越预期,4家表现符合预期,另外3家表现低预期。

达证券研究的9家产业公司包括实达集团(SPSETIA,8664,主板产业组)、IOI产业(IOIPG,5249,主板产业组)、马星集团(MAHSING,8583,主板产业组)、建乐集团(SNTORIA,5213,主板产业组)、森产业(SIMEPROP,5288,主板产业组)、高美达(GLOMAC,5020,主板产业组)、双威(SUNWAY,5211,主板工业产品服务组)、伊布拉可(IBRACO,5084,主板产业组)和华阳(HUAYANG,5062,主板产业组)。

9家产业公司次季税前盈利共计按年升8%,按季起18%,主要来自森产业业绩贡献;森产业和高美达是两家业绩超越预期公司。

9家公司总产业销售按年增7%,按季升86%;扣除海外销售后产业销售按年升27%和按季起83%。

达证券表示,次季产业销售因拥屋计划(HOC)而大受提振,购屋者赶在促销运动6月30日截止前购屋,促销日期稍后已延至年杪。

达证券指出,表现低于预期的包括IOI产业、马星集团和建乐集团,IOI产业和马星受进账进度拖低盈利,建乐集团则受高税率冲击。

森产业和高美达表现超出预期;前者受高进账、低税率激励,后者从竣工计划的成本节省推高赚益。

迄今,只有实达集团调低销售目标19%至45.5亿令吉,余者保持目标。

实达和森产业皆在当前挑战产业市场中,脱售非核心地库/资产,脱售所得用于持续的计划或新发展计划;产业领域的未进账销售可提供盈利清晰度达12个月。

达证券推荐发展城镇的IOI产业为首选产业股,该股低土地成本和新推展计划的售价更具灵活性。

森产业销售目标维持,加上脱售低回酬非核心资产,建议“买进”,目标价99仙。
05/09/2019 12:27 PM
Victor Yong More opportunities for epf to grab more
05/09/2019 2:54 PM
Victor Yong Better late than never .. buy more
05/09/2019 2:54 PM
dericktan you know it's time to run when there are people hard selling, how many % had IOIPG plunged since they hard selling, see for yourself, best indicator ever.

good stocks no hard sell, hard sell no good stocks.

top investors no buy call, buy call no top investors.
05/09/2019 4:45 PM
spider68 Foreign Funds Selling Probably Unhappy with the Low Annual Dividend Announced.
05/09/2019 4:46 PM
Chris Khoo The down trend of IOIPG could be similar to public bank!!!! As I very respect the IOICORP founder...i cant comment too much!!!! leadership is very very important of a company!!!
05/09/2019 4:49 PM
spider68 Miserly Board. The very least they could have done was to maintain the annual dividend rate at 5%.
05/09/2019 5:08 PM
dericktan dericktan pity yb, together with a person that has bad business mentality.
14/03/2019 2:15 PM
05/09/2019 5:15 PM
chanph Let's ride back to RM 1.20 - RM 1.30
12/09/2019 1:41 PM
yangky21 someone is collecting the share since 10 september because the supporting is around RM1.1-RM1.14. It will have a short rise after that.
12/09/2019 8:14 PM
chia88 https://www.theedgemarkets.com/article/encouraging-response-ioi-properties-alanis-launch-warisan-puteri
30/09/2019 1:42 PM
mroys74 ioi shall sack his bandar puteri puchong traffic consultant. priority lanes given to the traffics from the south whereas traffics from the north (KL) have to go thru junctions and traffic lights. how to become world class developer if you engaged cap ayam consultant?
02/10/2019 8:04 AM


 

151  152  472  1515 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 NETX 0.0250.00 
 KNM 0.415+0.02 
 KNM-WB 0.155+0.03 
 ARMADA 0.4150.00 
 GPACKET-WB 0.3150.00 
 HSI-C7F 0.32+0.005 
 AT 0.070.00 
 SAPNRG 0.27+0.005 
 MESTRON 0.125+0.01 
 HUAAN 0.14+0.015 
Partners & Brokers