Category: Headline News

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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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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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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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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Highlight: IOI makes MGO for Unico-Desa after buying 39.55% stake

KUALA LUMPUR (Oct 2 ): IOI Corp Bhd, via wholly-owned unit IOI Plantation Sdn Bhd, is making a take-over offer for the remaining 60.45% stake it does not own in

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IOI Corp's bid triggers mandatory general offer acquisition of Unico-Desa

KUALA LUMPUR: Plantation giant IOI Corp Bhd has launched an RM1bil takeover of Unico-Desa Plantations Bhd at RM1.17 a share, just slightly below the latter’s la

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IOI Corp shareholders okay demerger

PUTRAJAYA: IOI Corp Bhd has received shareholders' nod for the demerger of its property arm, IOI Properties Bhd, said group executive chairman, Tan Sri Lee Shin

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IOI Properties to list in January

PUTRAJAYA (Oct 30, 2013): IOI Corp Bhd is due to spin off its lucrative property arm IOI Properties Group Bhd and list it on the Main Market of Bursa Malaysia i

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