Statement on Corporate Governance
The Board recognises the paramount importance of good corporate governance to the success of the
Group. It strives to ensure that a high standard of corporate governance is being practised throughout the
Group in ensuring continuous and sustainable growth for the interests of all its stakeholders.
The Group’s corporate governance practices are guided by its “Vision IOI” whereby responsible and
balanced commercial success is to be achieved by addressing the interests of all stakeholders. A set of core
values guides our employees at all levels in the conduct and management of the business and affairs of the
Group. We believe that good corporate governance results in quantifiable and sustainable long term
success and value for shareholders as well as all other stakeholders, as reflected by our performance and
track record over the years. During the financial year, the Group has received numerous accolades and
awards in recognition of its efforts.
The Group will continue its efforts in evaluating its governance practices in response to evolving best
practices and the changing needs of the Group. The paragraphs that follow in this Statement outline the
governance framework of the Group and explain how the Group has applied the principles and
recommendations set out in the Malaysian Code on Corporate Governance 2012 (“the Code”).Click here for more info