(File pic by IOI Corporation).
Starting from humble beginnings, our late Tan Sri Lee Shin Cheng’s life as the grand patriarch and founder of local conglomerate IOI Group, is a favourite story in Malaysia’s corporate folklore.
Also known as the “Tree Whisperer”, he was the Founder and Executive Chairman of two public-listed companies, IOI Corporation Berhad (IOI Corp) and IOI Properties Group Berhad (IOI Properties). Through his vision, hard work and enterprising spirit, both companies have grown to become leading corporations in their respective sectors, locally, regionally and globally.
Today, IOI Corp, with a market capitalisation of RM23.86 billion, is a leading global integrated palm oil company which has operations across Asia, Europe and North America. It is among the 30 largest companies listed on the Main Market of Bursa Malaysia, forming one of the component companies of the FTSE Bursa Malaysia KLCI, the stock exchange’s benchmark index.
As for IOI Properties, valued at RM5.37 billion, it is a property development and investment company which has a substantial presence in Singapore and China. It was the property arm of IOI Group prior to its spin-off listing onto Bursa Malaysia in January 2014.
His life story has and will continue to impact and inspire many people of all ages from all walks of life. His legacy continues to live on in two versions of commemorative biographies, which are available in English and Chinese Mandarin. To learn more of his rise to the pinnacle of Malaysia’s corporate world, click to get your personal copy via the online stores below: