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| September 2007 |
- IOI Properties’ strategically systematic and aggressive efforts to attract long-term investors have earned it a notable place in the 2006 KPMG Shareholder Value list for the first time.
- IOI Corporation made its first foray into the Indonesian plantation sector by investing RM455 million in two joint ventures for oil palm cultivation in Kalimantan with the Harita Group and its affiliates.
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| August 2007 |
- IOI completed a capital repayment exercise via cancellation of ordinary
shares of RM0.10 each in the Company (“IOI Shares”) on the basis of one IOI
Share cancelled (“Cancelled Share”) for every twenty existing IOI Shares held.
Total cash amount of RM1.3 billion was distributed for 312,950,341 shares
of RM0.10 each cancelled, on the basis of RM4.20 for each Cancelled Share.
- IOIP once again won the prestigious The Edge Top Ten Property Developer
Awards 2007, for five years running. The awards started in year 2003, identify
the country’s best property players from the consumer’s perspective. All companies
in the property sector listed on the Main and Second Boards of Bursa Malaysia
were scrutinised on their quantitative and qualitative attributes.
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| July 2007 |
- The Laukin Estate located in Sandakan, Sabah won the Commodity Industry Awards 2007 under the Estate Category. The awards presentation was held in conjunction with the Malaysia International Commodity Conference and Showcase 2007.
- Putrajaya Marriott Hotel was awarded the prestigious Malaysia Tourism Awards 2005-2006 in the category of Excellence in Hotel Services (Five Star - City) for its excellent service and in the effort of promoting the tourism industry during the Visit Malaysia Year 2007.
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| June 2007 |
- IOI has once again won the Finance Asia’s Annual Regional Best Managed
Companies Award, for four consecutive years. IOI clinched the second position
for the best managed company in Malaysia and Dato’ Yeo How topped the list
for Best CFO award. Adding to the achievement, IOI also won third placing
under the categories of “Most Committed to Corporate Governance” and recognised
for most committed to consistent good dividends (ninth placing) and with best
investor relations (eight placing).
- IOI implemented a share split exercise involving the subdivision of every
one existing ordinary share of RM0.50 each held in the Company into five ordinary
shares of RM0.10 each.
- IOI issued 9,000,000 new ordinary shares of RM0.10 each for cash to Bumiputera
investors at an issue price of RM4.976 per share (“Special Issue”). The Special
Issue was undertaken to comply with one of the conditions imposed by the Equity
Compliance Unit of the Securities Commission in approving the proposed issuance
of new shares by IOI following the exchange of the 1st Exchangeable Bonds.
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| April 2007 |
- IOI Group received an award for being voted among the top 10 companies
in the country under The Wall Street Journal Asia’s annual survey of Asia’s
200 most admired companies in 2006. The survey graded companies based on five
attributes – reputation, long-term vision, innovation, quality and financial
soundness.
- IOI has been named as one of the best companies in Malaysia, in terms of
Corporate Governance in The Asset Magazine’s annual Corporate Governance Ranking
2007. The Asset Corporate Governance Ranking is based on a six-month survey
conducted from September 2006 to March 2007. Participating companies were
asked to complete a questionnaire on their adherence to the basic principles
of corporate governance.
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| March 2007 |
- IOI Land Singapore Pte Ltd and a Singaporean public listed company, Ho Bee
Investment Limited have successfully tendered for a 99-year lease land in
Sentosa Cove of Sentosa Island, Singapore measuring approximately 14,596 square
meters or approximately 3.6 acres, for a total cash consideration of SGD 460
million. The land has been approved for a condominium development of up to a
maximum of 200 units.
- IOIP together with Rakan Cop launched the Rakan Cop programme for Puchong
district as part of its CSR initiatives. The main objective of the event is to
forge a better co-operation between the police and the Puchong’s community and
have a quicker response in fighting crime. The ultimate aim of the initiative is
to create a safe township and friendly neighbourhood for the local
community.
- PinnoThinTM, all-natural appetite suppressant, won The Most Innovative
Ingredient Award at the Slimming Ingredients Germany 2007 conference, after
beating nine other competing ingredients, including our main competitor Fabuless
from DSM. The award showed that market recognises its unique properties and
application possibilities in dietary supplements and functional foods.
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Corporate Calendar