What Does IOI Corporation Berhad Do?

Total employees959
HeadquartersPutrajaya
Founded1969

IOI Corporation Berhad (IOI) is a leading global integrated and sustainable palm oil player. Its activities range from upstream cultivation of oil palm to downstream resource-based manufacturing, including refining of palm oil as well as manufacturing of oleochemicals and specialty oils and fats. IOI is also significantly involved in property development and investment through its 30.7% strategic stake in IOI Properties Group Berhad. With a strong presence in Asia, Europe, and North America, IOI is committed to sustainable practices throughout its value chain and is a member of the Roundtable on Sustainable Palm Oil (RSPO).

Where Is IOI Corporation Berhad's Headquarters?

HQ Function

The headquarters serves as the central hub for strategic planning, corporate governance, financial management, and oversight of global operations across its palm oil and property investment businesses.

Notable Features:

Located within IOI Resort City, a large integrated development featuring a major shopping mall, hotels, and golf course. The office tower itself is a modern, Grade A office building with advanced facilities.

Work Culture:

The work culture at IOI's headquarters is generally perceived as professional, results-driven, and hierarchical, typical of large Malaysian corporations. There's an increasing emphasis on sustainability and innovation within its core businesses.

HQ Significance:

Its location in Putrajaya offers proximity to government ministries and regulatory bodies, which is advantageous for a large corporation. Being part of the IOI Resort City flagship development showcases the company's capabilities in property development.

Values Reflected in HQ: The modern and prominent headquarters reflects ambition, corporate strength, and a commitment to quality and integrated development, aligning with its business in property and resource management.

Location:

IOI Corporation Berhad supports global operations primarily in palm oil cultivation, CPO milling, downstream refining, oleochemical manufacturing, and specialty oils and fats production. Its sales and marketing network for palm oil and derivative products spans across Asia (China, India, Malaysia), Europe (Germany, Netherlands), and North America (USA). Property development activities are concentrated in Malaysia and Singapore, with some presence in China.

Street Address:

IOI City Tower 2, Lebuh IRC, IOI Resort City

City:

Putrajaya

State/Province:

Selangor

Country:

Malaysia

Where Else Does IOI Corporation Berhad Operate Around the World?

Rotterdam, Netherlands

Address: Seattleweg 15, 3195 ND Pernis Rotterdam, Netherlands (Loders Croklaan B.V. - part of IOI Loders Croklaan, now Bunge Loders Croklaan after acquisition by Bunge, but historically significant for IOI's downstream operations)

Served as a major hub for the production and distribution of specialty oils and fats to the European food industry. IOI Oleo GmbH in Germany serves the European market for oleochemicals.

Sandakan, Sabah, Malaysia

Address: MDLD 3313, Batu 2 1/2, Jalan Seguntor, 90000 Sandakan, Sabah, Malaysia (Example regional plantation office)

Oversees upstream activities, ensuring efficient estate management, FFB (Fresh Fruit Bunch) supply to mills, and adherence to sustainability standards at the plantation level.

Witten, Germany

Address: Arthur-Imhausen-Str. 92, 58453 Witten, Germany (IOI Oleo GmbH)

Serves the European market with a wide range of oleochemical products for various industries including cosmetics, pharmaceuticals, food, and technical applications.

Buying Intent Signals for IOI Corporation Berhad

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading IOI Corporation Berhad? Meet the Executive Team

As of April 2025, IOI Corporation Berhad' leadership includes:

Dato' Lee Yeow Chor - Group Managing Director and Chief Executive
Tan Sri Dr. Lee Shin Cheng (Founder, Deceased) - Former Executive Chairman (Posthumously recognized for foundational role)
Mr. Lee Yeow Seng - Group Chief Executive Officer, IOI Properties Group Berhad (Key associate company leadership)
Mr. Lee Cheng Leang - Executive Director
Dr. Kushairi Din - Advisor, Sustainability

Who's Investing in IOI Corporation Berhad?

IOI Corporation Berhad has been backed by several prominent investors over the years, including:

Vertical Capacity Sdn Bhd (Major shareholder linked to the Lee family)
Employees Provident Fund Board (KWSP/EPF)
Permodalan Nasional Berhad (PNB) and its associated funds
Kumpulan Wang Persaraan (Diperbadankan) (KWAP)

What Leadership Changes Has IOI Corporation Berhad Seen Recently?

Hire1
Exits0

IOI Corporation Berhad maintains a relatively stable core executive team. Any changes typically involve board re-designations or senior management appointments within its key divisions, reflecting strategic shifts or succession planning. No major, unexpected C-suite departures have been publicly highlighted recently.

New Appointments:

Mr. Kong Kian Beng, Mr. Kong Kian Beng assumed the role of Chief Financial Officer, having previously served as Senior General Manager.

What Technology (Tech Stack) Is Used byIOI Corporation Berhad?

Discover the tools IOI Corporation Berhad uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

IOI Corporation Berhad Email Formats and Examples

IOI Corporation Berhad typically utilizes a standard corporate email format, commonly combining elements of an employee's name with their domain '@ioigroup.com'.

[first].[last]@ioigroup.com or [first_initial][last]@ioigroup.com

Format

j.doe@ioigroup.com or jdoe@ioigroup.com

Example

80%

Success rate

What's the Latest News About IOI Corporation Berhad?

The Edge MalaysiaMay 28, 2024

IOI Corp’s 3Q net profit more than triples on higher associate income, lower finance costs

IOI Corp Bhd’s net profit for the third financial quarter ended March 31, 2024 (3QFY2024) more than tripled to RM402.1 million from RM116.3 million a year earlier, boosted by significantly higher share of results from associates and joint ventures, and lower net foreign currency translation loss on foreign currency denominated borrowings and deposits....more

The StarFebruary 23, 2024

IOI Corp's 2Q net profit jumps to RM458mil

IOI Corp Bhd’s net profit jumped to RM458.3mil in the second quarter ended Dec 31, 2023 (2Q24) from RM296.7mil achieved in the same quarter in 2022....more

IOI Group Website (Press Release)November 15, 2023

IOI Corporation Berhad Targets Further Reduction in Greenhouse Gas Emissions

IOI Corporation Berhad (IOI) has announced its new greenhouse gas (GHG) emission reduction targets for 2030 which cover its entire value chain (Scopes 1, 2 and 3), underscoring its strengthened commitment towards decarbonisation and aligning its climate actions with the Paris Agreement....more

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