How Malaysia's IOI Properties Quietly Became One Of Singapore's Biggest Landlords [Forbes]
SINGAPORE EXCH UNSP/ADR (SPXCY)
NASDAQ:AMEX Investor Relations:
investorrelations.sgx.com
Company Research
Source: Forbes
Company—owned by billionaire brothers Lee Yeow Chor and Lee Yeow Seng —has built its presence in the Lion City, where it now has properties valued at about $5 billion. T he IOI group in Malaysia has long focused on two businesses: palm oil and property. Of the two, palm oil, held under listed IOI Corp., is the larger, with a market cap of 25 billion ringgit ($5.3 billion), compared to just 12 billion ringgit valuation for the also public IOI Properties Group. While the group's late founder, Lee Shin Cheng , established the property business first in 1975, a string of strategic acquisitions in the 1980s through the 1990s helped Lee transform IOI Corp., into the third-biggest palm oil producer by revenue in Malaysia. ss The two businesses are split along familial lines as well. Yeow Chor, the elder son of the late IOI founder, has run the palm oil side for the last decade, while younger brother Yeow Seng looks after the real estate portfolio. “Our father had the passion for bot
Show less
Read more
Impact Snapshot
Event Time:
SPXCY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SPXCY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SPXCY alerts
High impacting SINGAPORE EXCH UNSP/ADR news events
Weekly update
A roundup of the hottest topics
SPXCY
News
- Unveiling Three Premier Singapore Dividend Stocks Yielding Up To 7.6% [Yahoo! Finance]Yahoo! Finance
- ST Engineering Aethon Launches Zena RX: Redefining Secure Delivery of Medications, Specimens and Sensitive Goods in Hospitals [Yahoo! Finance]Yahoo! Finance
- Singapore Exchange's (SGX:S68) five-year earnings growth trails the respectable shareholder returns [Yahoo! Finance]Yahoo! Finance
- Exploring Top Dividend Stocks In Singapore For April 2024 [Yahoo! Finance]Yahoo! Finance
- Unveiling Three Top Dividend Stocks In Singapore With Yields Up To 8.1% [Yahoo! Finance]Yahoo! Finance