IOI Corp streamlines upstream and downstream plantation ops

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KUALA LUMPUR: IOI Corp Bhd, which is in the midst of a corporate exercise to demerge its property arm, has proposed an internal reorganisation to streamline its upstream and downstream palm oil business, ahead of property unit IOI Properties Group Bhd’s listing (IOIPG), tentatively fixed on Jan 15. The group said in an announcement to Bursa Malaysia yesterday that IOI Corp would transfer its ...

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