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Group History
  • 2019
    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.
  • 2018
    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
  • 2016
    Acquired Cremer Oleo GmbH & Co KG’s (later renamed as IOI Oleo GmbH) entire oleochemical manufacturing business in Germany
  • 2014
    IOI Properties Group Berhad was listed on the Main Market of Bursa Malaysia on 15 January 2014
  • 2013
    Acquired Unico-Desa Plantation Berhad with 13,600 hectares of landbank comprising six oil palm estates and two palm oil mills in Sabah, Malaysia
  • 2013
    Launched Bandar IOI, a 250-acre of township development in Bahau, Negeri Sembilan, Malaysia
  • 2012
    Acquired a 44-acre land at Jimei District, Xiamen, China for a mixed development named IOI Palm City
  • 2012
    Unveiled a fully-integrated processing facility to produce Betapol® and the enzymatic Cocoa Butter Equivalent (e-CBE) in Malaysia
  • 2011
    Launched South Beach project, a luxury mixed development in Singapore
  • 2010
    First foray into the China property market in Xiamen with purchase of a 7.7-acre site for residential development named IOI Park Bay
  • 2010
    Launched 16-Sierra, a 535-acre of township development in Puchong South, Selangor, Malaysia
  • 2007
    First foray into the plantation business in Indonesia with a joint venture with Harita Group
  • 2007
    First foray into the Singapore property market with a joint venture with Ho Bee Investment Ltd
  • 2006
    Emerged as the world’s largest vegetable-based oleochemical producer following the acquisition of Pan-Century Edible Oils and Pan-Century Oleochemicals
  • 2005
    Commissioned a state-of-the-art palm oil refinery in Rotterdam, the Netherlands
  • 2004
    Acquired Soctek (later renamed as IOI Loders Croklaan Asia) to expand its palm oil specialties business in Malaysia
  • 2003
    Acquired Pamol Plantations in Malaysia from Unilever
  • 2002
    Acquired Loders Croklaan, a Netherlands-based specialty fats company from Unilever
  • 1999
    Launched Bandar Puteri Puchong, a 930-acre of township development in Puchong, Selangor, Malaysia
  • 1997
    Ventured into the oleochemical business with the acquisition of Palmco Holdings Berhad (which was later renamed as
    IOI Oleochemical Industries Berhad)
  • 1995
    Industrial Oxygen Incorporated Berhad was officially renamed as IOI Corporation Berhad
  • 1995
    Forayed into the property market in Johor, Malaysia with the launch of Bandar Putra Kulai, a 5,680-acre of comprehensive township development
  • 1994
    Lam Soon Huat Development Berhad was renamed as IOI Properties Berhad to better reflect new identity as a major subsidiary of the IOI Group.
  • 1990
    Acquired Dunlop Estates, which consists of 13 oil palm estates, two palm oil mills, two rubber factories and one Research Center
  • 1990
    Launched Bandar Puchong Jaya, a 930-acre of township development in Puchong, Selangor, Malaysia
  • 1985
    Launched its first housing project named Project Taman Mayang in Petaling Jaya, Selangor, Malaysia
  • 1985
    Lam Soon Huat Development Berhad was listed on the Kuala Lumpur Stock Exchange on 25 April 1985.
  • 1984
    Ventured into property development via the acquisition of three property development companies
  • 1983
    Ventured into the plantation business via the acquisition of three oil palm estates in Pahang, Malaysia
  • 1982
    Acquired a controlling stake in Industrial Oxygen Incorporated Sdn Bhd
  • 1980
    Listed on the Kuala Lumpur Stock Exchange on 29 July 1980
  • 1969
    Incorporated as Industrial Oxygen Incorporated Sdn Bhd on 31 October 1969