The Board of Directors of the Company are pleased to announce that the Company has on 5 August 2016 received the letter from RSPO informing that the RSPO Board of Governors has endorsed the recommendation made by the Complaints Panel (CP) to lift the suspension of RSPO certifications for the entire IOI Group. The CP is satisfied that IOI Group has met the conditions set out in its letter to the Company dated 14 March 2016, based on the actions that IOI Group has taken and implemented since then.

The lifting of the suspension of the RSPO certifications will be effective from 8 August 2016.

IOI Group will continue to submit its quarterly progress report as mandated by the CP. At the end of a 12-month period, the CP shall again commission an independent ground verification by a team of experts, following which a review of the complaint will be undertaken by the CP.

For further information, please contact:
Dr Surina Ismail
Group Head of Sustainability
IOI Corporation Berhad
Tel: +603-8947 8691
Email: surina@ioigroup.com