Category: Headline News

IOI Corp 1QFY22 Net Profit Marginally Lower Amid Forex Translation Loss

KUALA LUMPUR (Nov 24): IOI Corp Bhd reported a marginally lower net profit of RM277.6 million for the first quarter ended Sept 30, 2021 (1QFY22), from RM277.9 m

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IOI Corp Posts Higher Plantation Profits in Q1, but Wary About La Nina And Labour Shortage

KUALA LUMPUR: IOI Corp Bhd said higher palm oil prices boosted its revenue in the first quarter ended Sept 30, but unfavourable currency exchange rates and deri

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IOI Corp Unit Sets Final Acceptance Amount at US$295.22m in Cash Tender Offer for US$600m Bonds

KUALA LUMPUR (Oct 28): IOI Corp Bhd said on Thursday (Oct 28) its unit IOI Investment (L) Bhd has decided to set the final acceptance amount at US$295.22 millio

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IOI Corp's New Offer of US$300m Notes Attracts Investors' Interest

KUALA LUMPUR (Oct 27): IOI Corp Bhd said its subsidiary IOI Investment (L) Bhd's new offer of US$300 million 10-year unsecured notes has attracted instituti

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IOI Corp Offers to Buy Debt Notes

KUALA LUMPUR: IOI Corp Bhd’s unit IOI Investment (L) Bhd has announced plans to purchase its outstanding US$600mil (RM2.5bil) 4.375% notes, which are due in 202

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Moody's Affirms IOI Corp’s Baa2 Rating, Assigns Baa2 to Proposed US Dollar Notes

KUALA LUMPUR (Oct 18): Moody's Investors Service has affirmed IOI Corp Bhd’s Baa2 issuer rating. In a statement on Monday, Moody’s has assigned the Baa2 bac

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IOI Corp Expects Stable FFB Production in 2022 on Higher Production

KUALA LUMPUR (Sept 27): IOI Corp Bhd expects the fresh fruit bunch (FFB) production to be stable next year as the higher production from young palm trees at its

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IOI Corp Expects Plantation Segment to Drive FY22 Growth

KUALA LUMPUR: Higher palm oil prices boosted IOI Corp Bhd's earnings in the last quarter ended June 30 (Q4FY21) and the company expects a challenging operat

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