News about IOI Properties

PETALING JAYA (Feb 20): IOI Properties Group Bhd group chief executive officer and substantial shareholder Datuk Lee Yeow Seng has acquired an additional 9.

KUALA LUMPUR (Feb 19): The Employees Provident Fund Board (EPF) has increased its shareholding in IOI Properties Group Bhd, according to a substantial shareholder filing with Bursa Malaysia.

KUALA LUMPUR (Feb 5): IOI Properties Group Bhd (KL:IOIPG) may book a massive income gain from industrial land to be sold at a large premium, analysts said, sending its stock higher on Thursday.

SELANGOR (Feb 4): IOI Properties Group Bhd inked an agreement to sell three plots of land at its IOI Industrial Park @ Banting for RM740.

The IOI Properties industrial development marks a major expansion into sustainable, power-ready industrial real estate as Selangor prepares for 2026 growth.

IOI Properties’ profit before tax jumped more than five times to RM753.

During the “30 Years Together” anniversary campaign period, a total of 558 purchasers booked and completed property transactions across the group’s selected residential, commercial, and industrial developments in Bandar Putra Kulai, Taman Lagenda Putra, Taman Kempas Utama, Bandar IOI Segamat, and Platino Avenue in the southern region.

The sale reduced EPF’s shareholding in the property developer to 4.

The RM367 million COVO features 601 serviced apartment units across a 38-storey high-rise (Tower A) and a low-rise residential block (Tower B).

This sale gives the Malaysian developer full ownership over the South Beach mixed-used development, which includes South Beach Tower, South Beach Avenue, and the JW Marriott Hotel Singapore South Beach.