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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 (WSJA) 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 Corporation 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.
- IOI Properties Bhd 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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| January 2007 |
- IOI acquired the entire ordinary share capital in both Pan-Century Edible
Oils Sdn Bhd and Pan- Century Oleochemicals Sdn Bhd (collectively referred to as
“Pan-Century”) for a cash consideration of RM424 million. Pan-Century owns one
of the largest single-location vertically integrated palm oil refinery and
oleochemicals complex in the world, which is located in Pasir Gudang, Johor.
- IOI and IOI Ventures (L) Berhad entered into a Term Facility Agreement with
American Family Life Assurance Company of Columbus, Japan Branch for a 30-year
JPY15 billion (equivalent to approximately USD128 million) fixed-rate loan due
2037. The said loan was drawn down on 22 January 2007 and shall be repayable in
full on 22 January 2037.
- IOI once again won the Asiamoney’s Best Managed Companies Award in Malaysia
under the category of large capitalised companies based on its sound management
and good corporate vision. It has been maintaining the status since
2004.
- IOI was awarded the Brand Laureate 2006-2007 for “Best Brands Plantation”.
The Brand Laureate Awards is the first regional brand award to originate from
Malaysia, covering various industries and categories from multinationals to
small and medium industries. The award is in recognition of IOI‘s strong
corporate branding superior brand strategy and good agricultural practice in
plantation.
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