The IOI Group is one of the most established developers in Malaysia. The company brings with them many years of real estate and township development since its inception in 1982 where they are also very renowned for their Oil Palm plantations management which started in 1985. Since then, they have grown from strength to strength into becoming one of the world’s leading integrated palm oil company with relations spanning across 65 countries. Its subsidiaries include IOI Properties Berhad and IOI Oleochemical Industries Berhad while also owning and managing the Marriott Putrjaya and Palm Garden Hotels in Putrajaya. Its executive chairman is Tan Sri Lee Shin Cheng with both his sons Dato Lee Yeow Chor and Lee Yeow Seng in the board of directors in IOI Corp.
IOI has been actively developing and growing the palm oil market in Malaysia as well as being a prime mover of the real estate industry it currently has more than 30,000 employees under its wing and manages a network of companies that cut across 15 countries. It is listed in the Main Board of Bursa Malaysia under IOI Corporation Berhad. The company first started operation in 1969 when it was then known as Oxygen Incorporation Sdn Bhd which deals with industrial gas manufacturing business. It was in1982 that the company started moving into property development and 3 years later into the palm oil industry.