What is the background of IOI group?

Written by Editorial Team | Last Updated: August 2026

IOI Corporation Berhad (IOI Group) is a leading Malaysian multinational conglomerate recognized globally for its major presence in the palm oil plantation and oleochemical manufacturing sectors. Established as a prominent agricultural enterprise, the group has diversified extensively into property development, real estate investment, and resource-based manufacturing. IOI Group operates an integrated supply chain model that spans sustainable plantation cultivation, specialty fats production, and large-scale urban township development across international markets.

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Financial market analysts tracking IOI Corporation Berhad generally issue favorable buy or hold recommendations, highlighting its established position as a leading global palm oil producer and property developer.

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IOI Corporation Berhad was founded in 1969 by Tan Sri Dato' Lee Shin Cheng in Malaysia, initially starting as a property development enterprise before expanding into the agricultural sector.

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IOI Corporation Berhad has not been disbanded and continues to operate as a prominent, publicly traded multinational conglomerate headquartered in Malaysia with extensive business operations spanning palm oil cultivation, oleochemical manufacturing, ...

The corporate identifier IOI most prominently refers to IOI Corporation Berhad (commonly known as IOI Group), a leading Malaysian multinational conglomerate founded in 1969.

IOI Corporation Berhad is a massive Malaysian multinational conglomerate that operates extensively across the palm oil agricultural sector and resource-based manufacturing industries.