IOI Corporation Berhad (1961.KL)

4.0300 -0.0200 (-0.49%) At close: 04:51PM MYT

IOI Corporation Berhad

IOI City Tower 2
Level 29 Lebuh IRC, IOI Resort City
Putrajaya 62502
Malaysia
60 3 8947 8888
https://www.ioigroup.com

Sector(s): Consumer Defensive
Industry: Packaged Foods
Full Time Employees: 

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Yeow Chor Lee DSAP	Group MD, CEO & Executive Director	22.74M	N/A	1966
Mr. Kian Beng Kong	Group Chief Financial Officer	N/A	N/A	1977
Mr. Jit Uei Lim	Head of Group Commodity Marketing	N/A	N/A	1974
Mr. Kea Ang Ling	Head of Group Internal Audit	N/A	N/A	1967
Dr. Surina binti Ismail	Group Head of Sustainability	N/A	N/A	1960
Mr. Thomas Kummer	Chief Operating Officer of Germany- Oleochemical	N/A	N/A	1969
Mr. Chin Huat Lee	Head of Group Business Systems & Information Technology	N/A	N/A	1974
Mr. Subramaniam Arumugam	Head of Plantations	N/A	N/A	1964
Mr. Ping Wui Koo	Chief Operating Officer of Johor - Oleochemical	N/A	N/A	1964
Mr. Amir Mohd Hafiz Bin Amir Khalid	Head of Group Strategy	N/A	N/A	1980

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in MYR.

Description

IOI Corporation Berhad, an investment holding company, primarily engages in the plantation business in Malaysia, Europe, North America, Asia, and internationally. The company operates through two segments, Plantation and Resource-Based Manufacturing. It cultivates oil palm, softwood timber, rubber, and coconut; refines and processes crude palm, crude coconut, and palm kernel oils; and manufactures specialty oils and fats. The company also manufactures and exports fatty acids, soap noodles, glycerin, fatty acids and esters, and other related products. In addition, it is involved in the commercialization of clonal ramets and biotechnology related research and development activities; provision of management and marketing services; production and supply of palm-based renewable energy; and trading of palm oil commodities, oilseeds, and edible oils and fats; and the processing of raw materials for the edible oils and fats industry. Further, the company engages in the property development, maintenance, and investment activities; issuance of exchangeable bonds and guaranteed notes; storage tanks rental activities; manufacture, registration, trading, and distribution of oleochemical products; and provision of bulk cargo warehousing services, as well as treasury management services and management consulting services. Additionally, it is involved in the manufacture and sale of plasticizer products, margarine, and shortening and fat spreads; manufacture of palm wood boards and panels, offered under OnCore brand name used in furniture, construction, and building industries; and development of proprietary keto-ester portfolio. The company was formerly known as Industrial Oxygen Incorporated Sdn Bhd and changed its name to IOI Corporation Berhad in March 1995. IOI Corporation Berhad was incorporated in 1969 and is based in Putrajaya, Malaysia.

Corporate Governance

IOI Corporation Berhad’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.