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| August 2005 |
- IOI Corporation Berhad was ranked second among the “Best Corporate Governance”
companies in Malaysia in a poll conducted by the Asset Benchmark Research,
a research firm in Hong Kong. The survey, conducted from the end of last year
to the first quarter of 2005, involved more than 110 institutions (Asian and
Non Asian) investing in the Asian equity markets.
- IOI Corporation Berhad proposed to consolidate and streamline its palm oil
business via the proposed privatisation of IOI Oleochemical Industries Berhad
(“IOI Oleo”) by way of an IOI Oleo members’ scheme of arrangement under Section
176 of the Companies Act, 1965 between the Company, IOI Oleo and the shareholders
of IOI Oleo other than the Company. Upon completion of the proposed privatisation,
IOI Oleo will become a wholly-owned subsidiary of IOI Corporation Berhad.
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| July 2005 |
- IOI Properties Berhad was ranked second in the Edge Malaysia Top Property Developers Awards 2005. The award, presented in KL on 28 July 2005, aims to rank the best local property players from the consumer’s perspective for both their qualitative and quantitative strengths. The ranking exercise involved all 102 companies listed in the property sector of the Main and Second Boards of Bursa Malaysia.
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| May 2005 |
- Prime Minister of Malaysia, YAB Datuk Seri Abdullah Ahmad Badawi unveiled the topmost point of Europe’s biggest palm oil refinery in Rotterdam during his official visit to the Netherlands/Germany. He was accompanied by Tan Sri Dato’ Lee Shin Cheng and the CEO of Loders Croklaan, Mr Etienne Selosse during the said ceremony.
- Dynamic Management Sdn Bhd acquired 3,500,000 ordinary shares of RM1.00 each and 700,000 irredeemable preference shares of RM1.00 each representing 70% of the issued and paid-up share capital of Legend Advance Sdn Bhd for a total purchase consideration of RM16.5 million.
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| April 2005 |
- IOI Corporation Berhad (“IOI”) has improved on the ranking and ranked 4th
among the “Best Managed Companies” in Malaysia in a poll conducted by Finance
Asia Magazine. IOI also won the 6th placing under the “Best Corporate Governance”
category.
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| March 2005 |
- IOI Corporation Berhad and its subsidiary, IOI Ventures (L) Berhad completed
the issuance of 10-year USD500 million Guaranteed Notes at an issue price
of 99.294%.
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| February 2005 |
- IOI Corporation Berhad disposed of its 1,200,000 ordinary shares of RM1.00
each and 6,000,000 preference shares of RM1.00 each representing 60% of the
issued and paid-up share capital of Amoda Sdn Bhd to Malayapine Sdn Bhd and
Amoy Canning Corporation (Malaya) Bhd for a total disposal consideration of
RM41.2 million.
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Corporate Calendar