Results in line; maintain HOLD 4Q21 results were within our and consensus' expectations. Earnings was flat YoY, but jumped 91% QoQ mainly due to improved revenue from higher occupancy rates and lower rental rebates. IGBREIT has also declared a 4th gross DPU of 2.17sen (FY21: 6.03sen). We lower our FY22-23E earnings by 2%/3% but maintain […]

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