IOI Group
IOI Corporation Berhad
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|
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legal form | Berhad |
ISIN | MYL1961OO001 |
founding | October 31, 1969 |
Seat | Putrajaya , Malaysia |
management | Lee Shin Cheng |
Number of employees | 5,327 without foreign subsidiaries (2013) |
sales | 12.2 billion ringgits (2013) |
Branch | Agriculture, real estate |
Website | IOI Group |
The IOI Group (under commercial law: IOI Corporation Berhad ) is a Malaysian company .
The company was founded in 1969 and was initially active in industrial oxygen production. Since the 1980s, the company has increasingly specialized in the production of palm oil . The company has plantations in Malaysia and Indonesia. In Putrajaya , the company owns two hotels, the Marriott Putrajaya Hotel and the Palm Garden Hotel . The company is headed by manager Lee Shin Cheng . IOI Group owns palm oil areas where there used to be a tropical rainforest . The company operates illegal logging. Unilever and Neste Oil are among the group's customers.
Web links
Individual evidence
- ↑ a b Annual Report 2013 (English), www.ioigroup.com, accessed on May 23, 2014.
- ↑ http://news.bbc.co.uk/today/hi/today/newsid_8400000/8400852.stm
- ↑ http://www.scoop.co.nz/stories/WO1104/S00231/ultimatum-to-malaysian-palm-oil-giant.htm
- ↑ http://in.reuters.com/article/2011/04/07/malaysia-palm-ioi-idINL3E7F708W20110407