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| January 2005 |
- Loders Croklaan changed its company’s logo to reflect its connection with
IOI Group, its parent company in Malaysia, and to emphasise their joint palm
oil effort.
- IOI Corporation Berhad won two prominent awards, namely the Best Managed
Asian Company (Asia - Overall) and the Best Corporate Governance Award (Asia
-Manufacturing Sector), at the Euromoney 2004 Best Managed Company Awards.
These two awards carry the affirmative endorsement of key market analysts
and fund managers of the leading banks and research houses in Asia. IOI also
topped the Most Convincing and Coherent Strategy category. The overall top
ranking is an outstanding achievement for IOI as it is the first time a Malaysian
corporate has been ranked top in Asia.
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| October 2004 |
- IOI Properties Berhad acquired 2,000,000 ordinary shares of RM1.00 each representing 40% of the issued and paid-up share capital in Nice Skyline Sdn Bhd for a total cash consideration of RM15 million.
- IOI Properties Berhad was one of the four Malaysian companies who made it into the Forbes magazine’s list of 100 Best Smaller-Sized Enterprises with annual revenue of US$1 billion (RM3.8 million) in Asia-Pacific. The rankings were based on their five-year returns on capital of at least 5.0 percent, a good track record of rewarding shareholders and representing the economic dynamism of the countries they come from. It was chosen from 2,600 public listed companies in Asia-Pacific.
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| September 2004 |
- Putrajaya Marriott Hotel was awarded the FIABCI Award of Distinction 2004 for best hotel development by FIABCI-Malaysia. FIABCI is a worldwide network whose membership is open to all professionals involved in the property industry.
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| August 2004 |
- IOI Properties Berhad ranked 10th out of the top 30 property developers in the Quantitative attributes and 2nd under the Qualitative attributes respectively. Overall IOI was ranked no. 4 out of the Top 10 property developers in the country according to the Edge's Malaysia Top Property Developers Award 2004. The exercise was based on five quantitative and five qualitative attributes covered all the 94 companies listed in the property section of the Main and Second Boards of Bursa Malaysia.
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| May 2004 |
- Loders Croklaan commenced construction of Europe's largest palm oil refinery and fractionation plant in Rotterdam that will cost about EUR 40 million (RM180 million). It will be the world's largest single-site palm oil refinery in Rotterdam.
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| April 2004 |
- IOI Corporation Berhad was ranked 5th among the "Best Managed Companies" in Malaysia in a poll conducted by Finance Asia Magazine. The two month poll was carried out among fund managers, portfolio managers, equity investors and research analysts who voted on companies they thought were the best companies in Asia. IOI also won 4th placing under the categories of "Best Investor Relations" and "Most Committed to Strong Dividend Policy" respectively. Adding to the kudos, our Group Executive Director, Dato' Yeo How was also placed second for the "Best CFO" Award.
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