IOI Properties Berhad: Case Analysis

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  • Topic: Investment, 1967, 1979
  • Pages : 17 (4755 words )
  • Download(s) : 34
  • Published : September 26, 2011
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1.0 Company Background
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.

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.


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 SCD1, 097,499,999 for a luxury condominium development. In May 2008, IOI Properties Bhd’s subsidiary Multi Wealth (S) Pte Ltd has acquired 53% interest in Mergui Development Pte Ltd. A joint-venture company that would buy of a freehold parcels at Mergui Land in Singapore and redevelop it into high-rise residential project.

In April 2009, IOI Properties Bhd launched IOI Privilege Card, the 1st community card in Malaysia on 18 April 2009, with the objective to encourage residents to shop and dine within the IOI townships and enjoy savings at the same time. It was launched by the Kinrara’s State Assemblyman YB Teresa Kok together with IOI Group Executive Director Dato’ Lee Yeow Chor. In the year of 2010, IOI Properties has been awarded as Malaysia's Top Ten Property Developers Awards by The Edge Malaysia. While in year of 2009, it has been awarded National Annual Corporate Report Awards (NACRA) – Certificate of Merit by Malaysia Institute of Accountants (MIA).

The data of IOI Properties Bhd are as follows:
Add:Two IOI Square,
IOI Resort,
Putrajaya, 62502,
Tel:603-8947 8899
Fax:603-8947 8844

JobStreet Corporation Bhd
JobStreet Corporation Berhad is a Malaysia based company engaged in the provision of interactive marketing services and investment holding. The company’s subsidiaries include Pte. Ltd., Sdn. Bhd., Philippines Inc and PT JobStreet Indonesia, which are involved in online recruitment and human resource management services.

JobStreet Corporation Berhad founded in 1996 by founder/CEO Mark Chang Mun Kee, Jobstreet Corporation Bhd successfully got itself listed on the MESDAQ before transfer its listing to the Main Board 3 years later.

JobStreet business model is easily understandable. The principal activities of Jobstreet are providing jobs advertising services on the Internet. It created 2 virtual agents Siva and Lina to approach 2 difference sets of...
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