Category: Headline News

Creative Studio dedicated to bakery, confectionery innovation

CHANNAHON, ILL. — IOI Loders Croklaan Americas on Sept. 4 opened its new Creative Studio Americas to serve its fats and oils customers, both local and global. T

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Analysts continue to like IOI for demerger exercise

PETALING JAYA: Although IOI Corp Bhd’s core net profit for the financial year ended June 30, 2013 (FY13) was below consensus estimate, analysts continue t

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Proposed IOI Properties Group demerger, prospectus approved

PETALING JAYA: The Securities Commission (SC) has, in principle, approved the proposed demerger and listing prospectus of IOI Properties Group (IOIPG). In an IO

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Lower palm prices hit IOI profit

PETALING JAYA: IOI Corp Bhd posted a weaker fourth quarter ended June 30 net profit of RM267.1mil compared with RM410.6mil a year ago due to lower earnings from

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Genting directors best paid: Survey

Genting Bhd topped the list of companies that paid out higher remuneration to their directors last year, with a big payout of RM117.69 million, according to a M

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Federal Court dismisses Kayans’ NCR land appeal

KUCHING: The Federal Court here yesterday dismissed an application by a group of Kayans from Long Teran Kanan in Tinjar for leave (or permission) to appeal agai

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Fitch expects IOI to maintain operating profit, with CPO at RM2,500

KUALA LUMPUR: Fitch Ratings expects plantation heavyweight IOI Corp to maintain the current operating profit even if crude palm oil prices (CPO) are to stabilis

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IOI's Q3 pre-tax profit rises to RM677.1m

IOI Corp Bhd's pre-tax profit increased to RM677.1 million for the third quarter ended March 31, 2013, from RM659.4 million registered in the same period last y

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