1.1 IOI Properties Bhd
IOI Properties Berhad, an investment holding company, engages in the property development and property investment in Malaysia. Its investment properties include commercial/ office buildings, and shopping malls. The company also develops residential, commercial, and industrial properties, as well as provides building maintenance and general contract services. In addition, IOI Properties Berhad involves in the cultivation of oil palm; and the management and operation of golf courses, as well as the provision of recreational services. Further, it engages in the investment in office complexes and development of residential properties in Singapore. The company was formerly known as Lam Soon Huat Development Berhad and changed its name to IOI Properties Berhad in December 1994. IOI Properties Berhad is based in Putrajaya, Malaysia. IOI Properties Berhad is a subsidiary of IOI Corporation Berhad. Tan Sri Dato. Lee Shin Cheng is the Executive Chairman and Dato. Lee Yeow Chor and Dato ' David Tan Thean Thye are the Executive Directors.
1.1.1 CORPORAT OBJECTIVE
IOI Properties’s vision is “Our Vision is to be a leading corporation in our core business by providing products and services of superior values and by sustaining consistent long term growth in volume and profitability.” Corporate shall strive to achieve responsible commercial success by satisfying our customers’ needs, giving superior performance to our shareholders, providing rewarding careers to our people, cultivating mutually beneficial relationship with our business associates, caring for the society and the environment in which we operate, and contributing towards the progress of our nation.
1.1.2 CORPORATE SYMBOL
In January 2008, IOI Properties (Singapore) Pte Ltd and Ho Bee had successfully jointly tendered for the Pinnacle Collection, a 5.3-acre 99-year leasehold land parcel located at Sentosa Cove, Singapore for a total consideration of
References: Saiful Bahri Sufar, (2001). Pengurusan Kewangan, Cetakan Kedua. Dewan Bahasa dan Pustaka, Kuala Lumpur. Eugene F. Brigham, Joel F. Houston (2010). Essentials of Financial Management, 2nd Edition. Cengage Learning Asia Pte. Ltd.