Category: Headline News

IOI Corp hit by weakening ringgit and CPO price

The IOI group realised an average crude palm oil price of RM2,119 per tonne in the quarter under review, down from RM2,258 per tonne a year earlier. KUALA LUMPU

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IOI Corp confident of remaining profitable in FY16

(From left) IOI Corp non-executive director Tan Sri Peter Chin Fah Kui, executive chairman Tan Sri Lee Shin Cheng and Yeow Chor. PUTRAJAYA: IOI Corp Bhd sees th

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The Tree Whisperer

IN the world of tycoons, Tan Sri Lee Shin Cheng (caricature) of IOI Corp Bhd is in the same league as Robert Kuok and T Ananda Krishnan. He makes it ever

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IOI to see better outlook in FY16

KUCHING: Analysts had a meeting with IOI Corporation Bhd’s (IOI) management last week and noted that despite the current weak CPO prices, the company was least

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IOI Corp buying oleochemicals biz in Germany for RM433m

KUALA LUMPUR: IOI Corporation Bhd is buying Cremer Oleo GmbH & Co KG entire’s oleochemicals business in Germany for 89.4mil euros (RM433.3mil)

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Weaker ringgit affects IOI Corp earnings

PETALING JAYA: Despite registering higher revenue, IOI Corp Bhd’s net profit fell 60.8% to RM159.7mil for the fourth quarter ended June 30, 2015, from RM407.5mi

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IOI Corp FY15 earnings impacted by net forex losses, lower CPO

KUALA LUMPUR: Plantation heavyweight IOI Corporation Bhd posted a set of subdued earning for the financial year ended June 30, 2015 as it was impacted by

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IOI Corp Q3 net losses at RM188m on forex loss

KUALA LUMPUR: Plantation heavyweight IOI Corporation Bhd posted a surprising net loss of RM188mil in the third quarter ended March 31, 2015. The company said on

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