Business Description
Founded in 1969 and headquartered in Putrajaya, Malaysia, IOI Corporation Berhad is a subsidiary of Progressive Holdings Sdn. Bhd. that operates across two core areas: plantation farming and the manufacturing of palm and coconut-based products. The company grows oil palm, rubber, and timber across Malaysia and several international markets, while also refining oils and producing a wide range of goods including specialty fats, fatty acids, soap ingredients, glycerin, margarine, and pharmaceutical products. Beyond its core operations, IOI is also active in property development, renewable energy, biotechnology research, and commodity trading.