Putrajaya, 8 January 2014 – IOI Group today announced the appointment of Dato’ Lee Yeow Chor as Chief Executive Officer of IOI Corporation Berhad (“IOI Corp”) and Mr Lee Yeow Seng as Chief Executive Officer of IOI Properties Group Berhad (“IOI Prop”), with effect from 8 January 2014.

Dato’ Lee Yeow Chor has vast experience in overseeing the operations of IOI Group since his appointment as Group Executive Director on 25 April 1996 and was closely involved with the Group’s three core business segments, namely oil palm plantations, resource-based manufacturing, and property development and investment.

Dato’ Lee was trained as a barrister from Gray’s Inn, London and holds a LLB (Honours) from King’s College London and a Postgraduate Diploma in Finance and Accounting from London School of
Economics. He is the Chairman of the Malaysian Palm Oil Council and also serves as a Council Member in the Malaysian Palm Oil Association.

Meanwhile, Mr Lee Yeow Seng, who was first appointed to the Board of IOI Corp on 3 June 2008 as Executive Director, has been actively involved in corporate affairs and general management within IOI Group.

He holds a LLB (Honours) from King’s College London and was admitted to the Bar of England & Wales by Inner Temple. He has served at the London and Singapore offices of a leading international financial services group prior to joining IOI Corp.

Tan Sri Dato’ Lee Shin Cheng remains as the Executive Chairman of IOI Corp and will also helm IOI Prop as the Executive Chairman.