IOI Corp Bhd - Company Profile

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IOI Corp Bhd: Overview

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IOI Corp Bhd (IOI) is a vertically integrated company that conducts plantation and resource-based manufacturing businesses. It involves in the cultivation of oil palm, including seed breeding, cultivation, and the extraction of crude oil from oil palm crops through milling operations. The company refines palm oil, and processes refined palm oil and palm kernel oil to produce oleochemicals, and specialty oils and fats products. Its products find applications in various industries, including food, personal care, pharmaceutical, chemicals, household, and cosmetic industries. The company has business presence in Asia-Pacific, Europe, the Americas, and Africa. IOI is headquartered in Putrajaya, Kuala Lumpur, Malaysia.

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Headquarters Malaysia
Address Level 29, IOI City Tower 2, Lebuh IRC, IOI Resort City, Putrajaya, Kuala Lumpur (Federal Territory of), 62502
Telephone 60 3 89478888
No of Employees 28,010
Industry Agriculture and Forestry
Ticker Symbol & Exchange IOICORP (KUL)
Revenue (2023) $2.6B -25.6% (2023 vs 2022)
EPS XYZ
Net Income (2023) XYZ -35.4% (2023 vs 2022)
Market Cap* $5.3B
Net Profit Margin (2023) XYZ -13.1% (2023 vs 2022)
   
* As of and is in US$
View IOI Corp Bhd financials
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IOI Corp Bhd premium industry data and analytics

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on IOI Corp Bhd’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products
Oleochemicals
Specialty Oils and Fats
Oil Palm
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Contracts/Agreements In December, the company and UMW Industrial Power Services entered into an agreement to provide maintenance service for Jenbacher biogas engines at seven palm oil mills in Lahad Datu and Sandakan, Sabah, Malaysia.
2023 Contracts/Agreements In April, the company through its Bunge Loders Croklaan JV with Bunge Ltd entered into an agreement with Fuji Oil New Orleans, LLC to acquire its refinery located in IMTT’s (International-Matex Tank Terminals) Avondale Terminal, Louisiana, the US.
2022 Corporate Awards In November, the company received a Gold award under the equities category for the plantation sector at The Edge’s ESG Awards 2022.
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Competitor Comparison

Key Parameters IOI Corp Bhd Wilmar International Ltd Golden Agri-Resources Ltd Musim Mas Holdings Pte Ltd Mewah International Inc
Headquarters Malaysia Singapore Singapore Singapore Singapore
City Putrajaya Singapore Singapore Singapore Singapore
State/Province Kuala Lumpur (Federal Territory of) - - - -
No. of Employees 28,010 100,000 99,800 37,681 1,865
Entity Type Public Public Public Private Public
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Executives
Name Position Board Since Age
Lee Yeow Chor Director; Managing Director; Chief Executive Officer Executive Board 1996 56
Kong Kian Beng Chief Financial Officer Senior Management 2021 46
Thomas Kummer Chief Operating Officer - Germany, Oleochemical Senior Management 2016 54
Koo Ping Wui Chief Operating Officer - Johor, Oleochemical Senior Management 2020 59
Tan Sri Peter Chin Fah Kui Chairman Non Executive Board 2014 78
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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