Our History

  • Established IOI Palm Wood, a sustainable innovation to create a better world.

  • The passing of our beloved Founder and Executive Chairman, Tan Sri Dato' Lee Shin Cheng on 1 June 2019. Click here to read into his life story.

  • Completed disposal of 70% stake in Loders Croklaan Group B.V. (later renamed as Bunge Loders Croklaan) to Bunge Limited and formed strategic partnership with Bunge in global edible oil business

  • Acquired Cremer Oleo GmbH & Co KG’s (later renamed as IOI Oleo GmbH) entire oleochemical manufacturing business in Germany

  • IOI Properties Group Berhad was listed on the Main Market of Bursa Malaysia on 15 January 2014

  • Acquired Unico-Desa Plantation Berhad with 13,600 hectares of landbank comprising six oil palm estates and two palm oil mills in Sabah, Malaysia

    Launched Bandar IOI, a 250-acre of township development in Bahau, Negeri Sembilan, Malaysia

  • Acquired a 44-acre land at Jimei District, Xiamen, China for a mixed development named IOI Palm City

    Unveiled a fully-integrated processing facility to produce Betapol® and the enzymatic Cocoa Butter Equivalent (e-CBE) in Malaysia

  • Launched South Beach project, a luxury mixed development in Singapore

  • First foray into the China property market in Xiamen with purchase of a 7.7-acre site for residential development named IOI Park Bay

    Launched 16-Sierra, a 535-acre of township development in Puchong South, Selangor, Malaysia

  • First foray into the plantation business in Indonesia with a joint venture with Harita Group

    First foray into the Singapore property market with a joint venture with Ho Bee Investment Ltd

  • Emerged as the world’s largest vegetable-based oleochemical producer following the acquisition of Pan-Century Edible Oils and Pan-Century Oleochemicals

  • Commissioned a state-of-the-art palm oil refinery in Rotterdam, the Netherlands

  • Acquired Soctek (later renamed as IOI Loders Croklaan Asia) to expand its palm oil specialties business in Malaysia

  • Acquired Pamol Plantations in Malaysia from Unilever

  • Acquired Loders Croklaan, a Netherlands-based specialty fats company from Unilever

  • Launched Bandar Puteri Puchong, a 930-acre of township development in Puchong, Selangor, Malaysia

  • Ventured into the oleochemical business with the acquisition of Palmco Holdings Berhad (which was later renamed as IOI Oleochemical Industries Berhad)

  • Industrial Oxygen Incorporated Berhad was officially renamed as IOI Corporation Berhad

    Forayed into the property market in Johor, Malaysia with the launch of Bandar Putra Kulai, a 5,680-acre of comprehensive township development

  • Lam Soon Huat Development Berhad was renamed as IOI Properties Berhad to better reflect new identity as a major subsidiary of the IOI Group.

  • Acquired Dunlop Estates, which consists of 13 oil palm estates, two palm oil mills, two rubber factories and one Research Center

    Launched Bandar Puchong Jaya, a 930-acre of township development in Puchong, Selangor, Malaysia

  • Launched its first housing project named Project Taman Mayang in Petaling Jaya, Selangor, Malaysia

    Lam Soon Huat Development Berhad was listed on the Kuala Lumpur Stock Exchange on 25 April 1985.

  • Ventured into property development via the acquisition of three property development companies

  • Ventured into the plantation business via the acquisition of three oil palm estates in Pahang, Malaysia

  • Acquired a controlling stake in Industrial Oxygen Incorporated Sdn Bhd

  • Listed on the Kuala Lumpur Stock Exchange on 29 July 1980

  • Incorporated as Industrial Oxygen Incorporated Sdn Bhd on 31 October 1969