Source: The Sun
PUTRAJAYA: IOI Properties Group Bhd is hopeful that its plan to buy a substantial stake in Taipei 101 will go through as its chairman Tan Sri Lee Shin Cheng believes that Taiwan's reluctance is more to do with ensuring that China investors do not take a stake in Taipei's most famous landmark.
Source: New Straits Times
IOI Properties Group Bhd is confident its plan to buy a 37.17 per cent stake in Taipei Financial Centre Corp (TFCC) for RM2.74 billion will get the nod from the Taiwanese government as it does not have China-related participation.
IOI Properties Group Bhd, which is buying a 37 per cent stake in Taipei Financial Centre Corp, expects its new hotel at Bandar Puteri, here, to boost its recurring income stream.
Source: IOI Properties Group Berhad
IOI Properties Group Berhad (“IOI Properties”) wishes to refer you to our announcement in Bursa Malaysia dated 5 December 2014 in relation to IOI Properties proposed acquisition of a 37.17% stake in Taipei Financial Center Corporation (“TFCC”) from Ting Hsin International Group.
Source: The Star
KUALA LUMPUR: IOI Properties Group Bhd (IOIPG) has sprung a surprise with the proposed purchase of a 37.17% stake in Taipei Financial Center Corp, which owns Taipei 101, for RM2.74bil.
SINGAPORE: IOI Properties Group Bhd's South Beach project here marked a milestone yesterday with the topping out of its South Tower.
IOI Properties Group Bhd's newly launched IOI City Mall, which is 85 per cent-tenanted, is set to reach full occupancy soon.
The newly opened IOI City Mall in Putrajaya welcomed hundreds of shoppers who witnessed its soft launch yesterday.
Source: The Star
PUTRAJAYA: IOI Properties Group Bhd said plans are already in the pipeline to add a further 1 million sq ft of retail space at IOI City Mall in Putrajaya as occupancy rate at the newly-opened complex reached 85%.
Source: The Star (Business News)
IOI Properties Group Bhd (IOI Prop) has proposed to undertake a rights issue of new shares to raise about RM1.03bil for capital expenditure, investment opportunities and working capital purposes.
IOI Properties Group Bhd (IOIPG) may emerge as the key beneficiary for the mass rapid transit Sungai Buloh-Serdang-Putrajaya line (MRT2), given that it has 200ha of landbank in Putrajaya, that houses IOI Resort City.
PUTRAJAYA: IOI Properties Group Bhd is planning to launch properties with a gross development value (GDV) of RM3 billion in three key markets in the second half of financial year ending June 30, 2015 (FY15), said its CEO Lee Yeow Seng.
Source: The Malaysian Reserve
IOI Properties Group Bhd will be launching 10 projects with a total gross development value of RM3 billion over the next seven months up to its financial year ending 2015 (FY15).
Source: Corporate Communications
IOI Properties Group Berhad (“IOIPG”) has appointed Mr Cheah Wing Choong as Chief Operating Officer [“COO”] (Property Investments) with effect from 22 September 2014.
Source: The Star
KUALA LUMPUR: IOI Properties Group Bhd (IOIPG) has appointed veteran chartered surveyor Cheah Wing Choong as the chief operating officer (COO) of property investments.
KUALA LUMPUR: IOI Properties Group's share price rose to a near one-month high of RM2.55 on Tuesday after it posted a firmer set of financial results for the financial year ended July 30, 2014.
KUALA LUMPUR: IOI Properties Group Bhd posted a RM413mil net profit for its fourth quarter ended June 30, 2014. In a statement to Bursa Malaysia on Monday, the group said revenue for the period stood at RM417.16mil.
BANGI: The town of Bangi, Selangor will soon be adorned with IOI Properties Bhd’s newest township of Bandar Puteri Bangi.
Source: Utusan Online
KUALA LUMPUR 22 Julai - IOI Properties Group Bhd. (IOI Properties), akan membangunkan Bandar Puteri Bangi secara berperingkat dalam tempoh 10 tahun dengan nilai pembangunan kasar (GDV) RM4 bilion.
TESCO Hypermarket, HomePro and AEON Index Living Mall have recently signed lease agreements to become the anchor tenants of IOI City Mall.
STARWOOD Hotels & Resorts Worldwide Inc has signed an agreement with IOI Properties Group to manage two hotels — Four Points by Sheraton Puchong and ...
IOI Properties Group Bhd will play catch-up with plantation heavyweight IOI Corp Bhd in offering high dividends, says its executive chairman Tan Sri Lee Shin Cheng.
KUALA LUMPUR: IOI City Mall in Putrajaya will be home to the Tesco hypermarket, HomePro and Aeon Index Living when it opens its doors in November 2014.
Source: Malay Mail
IOI City Mall will be home to a Tesco hypermarket, HomePro and Aeon Index Living when its doors open in November.
Source: New Straits Times
EVELOPMENTS IN 3 YEARS: 70pc of new projects will be priced below RM1m.
KUALA LUMPUR: IOI Properties Group Bhd (IOI) signed an agreement today with Starwood Hotels and Resorts Worldwide Inc (Starwood) to manage two hotels, namely the Four Points Hotel by Sheraton in Puchong ...
IOI Properties Group Bhd will officially open its South Beach Hotel in Singapore by early next year, its CEO Lee Yeow Seng said.
IOI Properties Group Bhd has inked a deal with Starwood Hotels & Resorts Worldwide Inc to manage its two hotels in the Klang Valley.
PETALING JAYA: IOI Properties Group Bhd posted a net profit of RM89.1 million and a revenue of RM361.5 million for its third quarter ended March 31, 2014 (Q3).
KUALA LUMPUR: IOI Properties Bhd net profit accounted to RM89.11mil for the third quarter ended Mar 31, 2014.
May 23 (Reuters) - Malaysia's IOI Properties Group Bhd on Friday reported a 70 percent on-quarter drop in January-March net profit as new government price-controlling measures hurt domestic sales.
KUALA LUMPUR: IOI Properties Group Bhd has proposed to set up an unrated Islamic medium term note programme of up to RM1.5bil in nominal value.
PETALING JAYA: Hong Leong Investment Bank Research (HLIB) is staying bullish on IOI Properties, maintaining its Buy call while revising down the target price to RM3.85 from RM4.01 on perceived upside from its exposure to Singapore and China.
Feb 25 (Reuters) - IOI Properties Group Bhd , Malaysia's second largest real estate developer by market value, posted a second quarter net profit of 300.17 million ringgit ($91 million), 167 percent higher than a quarter earlier.
PETALING JAYA: IOI City Mall, which will be opening its doors by year-end, will recoup its investment within three years of operations, according to operator IOI City Mall Sdn Bhd marketing and leasing head Chris Chong.
IOI Properties Group Bhd closed its first day of trading at 64 sen (25%), up at RM3.15, overtaking UEM Sunrise Bhd as the biggest market capitalised property counter valued at RM10.2 billion compared to RM10.16 billion for UEM which closed yesterday’s trading at RM2.24.
Source: The Edge
KUALA LUMPUR: IOI Properties Group Bhd made an impressive start to its comeback on Bursa Malaysia yesterday in the first initial public offering (IPO) of this year, even overtaking the country’s largest property developer, UEM Sunrise Bhd, by market capitalisations at one point.
KUALA LUMPUR: IOI Properties Group Bhd, Bursa Malaysia’s stock debutant for the year, made a strong maiden appearance with a hefty 70-sen premium over its reference price of RM2.51, making it one of the largest property companies on the local bourse with a market capitalisation of over RM10bil.
IOI Properties Group Bhd. (IOIPG) surged 25 percent in its trading debut in Kuala Lumpur today to become Malaysia’s second-largest developer by market value.
KUALA LUMPUR: IOI Properties Group Bhd, which will be Bursa Malaysia’s first listing of 2014, attracted strong interest in pre-market trade on Wednesday.
KUALA LUMPUR: IOI Properties Group Bhd, which was Bursa Malaysia’s first listing of 2014, made a strong debut on Wednesday when it opened at RM3.21, which was a hefty 70 sen above its reference price of RM2.51.
KUALA LUMPUR (Jan 15): Newly-listed IOI Properties Group Bhd soared as much as RM1.05 or 42%, surpassing analysts' fair values ((FV) for the stock. This compares to IOI Properties' reference price of RM2.51 a share for its listing on Bursa Malaysia.
Source: Business Times
KUALA LUMPUR: IOI Properties Group Bhd soared by a quarter in its first day of trade, an auspicious start to 2014 for Malaysian listings as the market regains its mojo after being hit by election jitters last year.
KUALA LUMPUR (Jan 15): Lee Yeow Seng, CEO of the just-listed IOP Properties Bhd, said he is confident of the company’s business prospects despite a challenging outlook for the property sector this year.
KUALA LUMPUR, Jan 15 (Bernama) -- The IOI Properties Group Bhd made its debut on the Main Market of Bursa Malaysia today, with the opening price at RM3.21 a share, a 70 sen premium from its reference price of RM2.51, with 671.5 million shares transacted.
LEE Yeow Seng, a name that the property scene will soon know very well, has recently shot into the limelight following his appointment as chief executive officer of IOI Properties Group Bhd.
PUTRAJAYA (Jan 9, 2014): IOI Corporation Bhd executive chairman Tan Sri Lee Shin Cheng dismissed grouses by minority shareholders that the plantation giant had given inadequate time for them to subscribe for the restricted offer shares (ROS) of IOI Properties Group Bhd, saying that it had gone by the book.
PUTRAJAYA (Jan 9, 2014): Plantation and property tycoon Tan Sri Lee Shin Cheng, 74, who dubbed the day he announced the appointment of his sons as heads of his business empire " as a special day", believes that his children will a better job at growing the empire.
POST-LISTING: The company’s market cap could be re-rated to above RM12b within a year, says Maybank IB
Source: Corporate Communication
Putrajaya, 8 January 2014 – IOI Group today announced the appointment of Dato’ Lee Yeow Chor as Chief Executive Officer of IOI Corporation Berhad (“IOI Corp”) and Mr Lee Yeow Seng as Chief Executive Officer of IOI Properties Group Berhad (“IOI Prop”), with effect from 8 January 2014.
PUTRAJAYA, Jan 8 (Bernama) -- IOI Properties Group Bhd is targeting sales of between RM2.5 billion and RM3 billion from new projects to be launched this year.
PUTRAJAYA: IOI Group has appointed Datuk Lee Yeow Chor and Lee Yeow Seng as chief executive officers of IOI Corp Bhd and IOI Properties Group Bhd respectively.
Source : The Star