IOI

IOI Rio City: Transforming Puchong into a Modern, Integrated 15-Minute City IOI Properties Group Bhd recently revealed its latest venture, IOI Rio City, a massive 100-acre integrated development within the Bandar Puteri Puchong township. With a projected gross development value (GDV) of RM12 billion, this ambitious project will span residential, office, and retail spaces, including a brand-new shopping...

Tropicana Indah Sells Tropicana Gardens Mall and Other Assets to IOI Properties for RM1.1 Billion Tropicana Indah Sdn Bhd, an indirect 70%-owned subsidiary of Tropicana Corporation Bhd, has signed a sale and purchase agreement with IOI Mall Damansara Sdn Bhd, a wholly-owned subsidiary of IOI Properties Group Bhd, for the sale of Tropicana Gardens Mall for a total consideration of RM680...

Balancing Act: IOI Group’s Mastery of Palm Oil and Property Ventures Founded by the late Lee Shin Cheng, the IOI Group in Malaysia has become a significant force in both the palm oil and property sectors. The group is uniquely structured around two main divisions—IOI Corporation and IOI Properties Group, led by Lee’s sons, Yeow Chor and Yeow Seng, respectively. A Tale of Two Industries IOI...

IOI Properties Group Bhd, a renowned property developer, is embarking on an acquisition journey with plans to purchase the illustrious W Kuala Lumpur (W KL) hotel located in Jalan Ampang, Kuala Lumpur, for a total consideration of RM270 million in cash. This strategic move is set to enhance IOI Properties' diverse portfolio and strengthen its presence in the luxury hospitality sector. The proposed...