Dear Shareholders,

On behalf of the Board of Directors of IOI Corporation Berhad, it gives me great pleasure to present to you the Annual Report of the Company and the Group for the financial year ended 30 June 2012 (“FY2012”).

Acknowledgements

Despite the many challenges faced, the Group has performed satisfactorily during the year under review. I wish to express my personal gratitude and appreciation to our Management and all our employees for their contribution, dedication and loyalty throughout these challenging times. In addition, I would like to take the opportunity to extend a warm welcome to Mr Cheah Tek Kuang, who was appointed to the Board effective from 22 August 2012.

I also wish to thank all our customers, business partners, Government authorities, shareholders and fellow Board members for their continued strong support to the Group.

Thank you.

TAN SRI DATO' LEE SHIN CHENG
Executive Chairman