IOI Corporation Bhd. http://www.alacrastore.com/company-snapshot/IOI_Corporation_Bhd-1047625 Friday, July 25, 2008 11:21:45 PM 1047625 IOI Corporation Bhd. en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/moodys/PR_158058_820529446moodys/PR_158058_820529446htmlGlobal Credit Research Announcement ## JUN #### Announcement: Agri International Resources Pte. Ltd Moody's has positive outlook for Asian palm-oil industry Hong Kong, June ##, #### -- Moody's Investors Service has a positive rating...6/27/2008 12:31:20 AMhtmlAgri International Resources Pte. LtdBSP Finance B.V.Ciliandra Perkasa Finance Company Pte Ltd.Ciliandra Perkasa (P.T.)Bakrie Sumatera Plantations Tbk (P.T.)IOI Ventures (L) BerhadIOI Corporation BerhadGolden Agri-Resources LtdAgri International Resources Pte. Ltd; Bakrie Sumatera Plantations Tbk (P.T.); BSP Finance B.V.; ...820529446809827501809611879809600496809472461808145361808060262600052151150.0000NewsAnnouncementPR_158058_820529446Credit & Investment ResearchMoody's Global Credit ResearchMALAYSIA - IOI Corp Bhd acquired the entire share capital of Dreammont Development Sdn Bhd, an oleochemicals producer, for a nominal cash consideration of # Malaysian ringgit ($#.### US).6/25/2008 3:03:59 PM44979C26127M44979C26127MIOI Corp BhdDreammont Development Sdn BhdIOI Corp BhdDreammont Development Sdn Bhdhttp://www.alacrastore.com/storecontent/Thomson_M%26A/IOI_Corp_Bhd_acquires_Dreammont_Development_Sdn_Bhd-1989671040sdc/19896710401989671040Copyright © 2008, Thomson Financial, All Rights ReservedKuala LumpFood and Kindred ProductsMalaysiaVegetable oil mills, nec2076FFForeignPublicIOICOR0781:Landscape counseling and planning0831:Forest nurseries and gathering of forest products2076:Vegetable oil mills, nec6552:Land subdividers and developers, except cemeteries6719:Offices of holding companies, nec6798:Real estate investment trusts0781:Landscape counseling and planning0831:Forest nurseries and gathering of forest products2076:Vegetable oil mills, nec6552:Land subdividers and developers, except cemeteries6719:Offices of holding companies, nec6798:Real estate investment trustsFood and Kindred ProductsMalaysiaVegetable oil mills, nec2076FFForeignPrivate324981001Produce oleochemicalsProduce oleochemicalsNot ApplicableStock1024593001Jun 25 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.0000016.0000017.0000018.0000019.0000020.0000021.0000022.00000IOI Corp Bhd, located inMalaysia, producesoleochemicals, specialty oilsand fats, palm oil refineryand palm kernel crushing.Other activities includedeveloping of residential andcommercial properties;cultivating and processing ofoil palm and rubber; andinvesting in shopping mall,office complex and otherproperties. The Group is alsoinvolved in the management andoperation of hotels andresorts, investment holdingand provision of landscapeservices. The Group operatesin Malaysia, Europe, NorthAmerica, Asia and othercountries. The company wasfounded in October 1969.IOI Corp Bhd, located in Malaysia, produces oleochemicals,specialty oils and fats, palm oil refinery and palm kernelcrushing. Other activities include developing of residentialand commercial properties; cultivating and processing of oilpalm and rubber; and investing in shopping mall, officecomplex and other properties. The Group is also involved inthe management and operation of hotels and resorts,investment holding and provision of landscape services. TheGroup operates in Malaysia, Europe, North America, Asia andother countries. The company was founded in October 1969.IOI Corp Bhd, located in Malaysia, produces oleochemicals, specialty oils and fats, palm oil refinery and palm kernel crushing. Other activities include developing of residential and commercial properties; cultivating and processing of oil palm and rubber; and investing in shopping mall, office complex and other properties. The Group is also involved in the management and operation of hotels and resorts, investment holding and provision of landscape services. The Group operates in Malaysia, Europe, North America, Asia and other countries. The company was founded in October 1969.1.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.00000Dreammont Development Sdn Bhd,located in Malaysia, producesoleochemicals, specialty oilsand fats, palm oil refineryand palm kernel crushing.Other activities includedeveloping of residential andcommercial properties;cultivating and processing ofoil palm and rubber; andinvesting in shopping mall,office complex and otherproperties; and providinglandscape services.Dreammont Development Sdn Bhd, located in Malaysia, producesoleochemicals, specialty oils and fats, palm oil refineryand palm kernel crushing. Other activities includedeveloping of residential and commercial properties;cultivating and processing of oil palm and rubber; andinvesting in shopping mall, office complex and otherproperties; and providing landscape services.Dreammont Development Sdn Bhd, located in Malaysia, produces oleochemicals, specialty oils and fats, palm oil refinery and palm kernel crushing. Other activities include developing of residential and commercial properties; cultivating and processing of oil palm and rubber; and investing in shopping mall, office complex and other properties; and providing landscape services.0.000000.000000.000000.00000N23 Jun 08Mon, 23 Jun 2008 00:00:00 ESTDate Announced: 06/23/200823 Jun 08Date Effective: 06/23/200823 Jun 08MergerFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.00000100.00000100.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.0000014116.103000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.00000MALAYSIA - IOI Corp Bhdacquired the entire sharecapital of DreammontDevelopment Sdn Bhd, anoleochemicals producer, for anominal cash consideration of2 Malaysian ringgit ($0.615US).MALAYSIA - IOI Corp Bhd acquired the entire share capital of Dreammont Development Sdn Bhd, an oleochemicals producer, for a nominal cash consideration of 2 Malaysian ringgit ($0.615 US).MALAYSIA - IOI Corp Bhd acquired the entire share capital of Dreammont Development SdnBhd, an oleochemicals producer, for a nominal cash consideration of 2 Malaysian ringgit($0.615 US).MALAYSIA - IOI Corp Bhd acquired the entire share capital of Dreammont Development Sdn Bhd, an oleochemicals producer, for a nominal cash consideration of 2 Malaysian ringgit ($0.615 US).MALAYSIA - IOI Corp Bhd acquired the entire share capital of Dreammont Development Sdn Bhd, an oleochemicals producer, for a nominal cashconsideration of 2 Malaysian ringgit ($0.615 US).Completed0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Completed-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000781:Landscape counseling and planning0831:Forest nurseries and gathering of forest products2076:Vegetable oil mills, nec6552:Land subdividers and developers, except cemeteries6798:Real estate investment trusts7389:Business services, nec324981001Kuala LumpMalaysia2076ForeignPublicIOICOR0781:Landscape counseling and planning0831:Forest nurseries and gathering of forest products2076:Vegetable oil mills, nec6552:Land subdividers and developers, except cemeteries6798:Real estate investment trusts7389:Business services, nec1024593001Malaysia2076ForeignPrivate0.000000.000000.000000.00000Deal InformationThomson Financial Mergers & AcquisitionsSINGAPORE - Multi Wealth (Singapore) Pte Ltd, a wholly-owned unit of IOI Corp Bhd's ##.##%-owned IOI Properties Bhd subsidiary, acquired a ##% interest in Mergui Development Pte Ltd, a real estate development firm, for ### mil Singapore dollars ($##.### mil US), in a formation of a joint venture. On completion MD became a ##:##:## joint venture among MW, Kim Seng Heng Realty Sdn Bhd, and LBH Pte Ltd.5/28/2008 1:40:58 PM62572H58953H44979C58953HMulti Wealth(Singapore)Pte LtdMergui Development Pte LtdIOI Corp BhdMergui Development Pte Ltdhttp://www.alacrastore.com/storecontent/Thomson_M%26A/Multi_Wealth_Singapore_Pte_Ltd_acquires_Mergui_Development_Pte_Ltd-1980992040sdc/19809920401980992040Copyright © 2008, Thomson Financial, All Rights ReservedReal Estate; Mortgage Bankers and BrokersSingaporeLand subdividers and developers, except cemeteries6552FFForeignSubsidiary6552:Land subdividers and developers, except cemeteries0781:Landscape counseling and planning0831:Forest nurseries and gathering of forest products2076:Vegetable oil mills, nec6552:Land subdividers and developers, except cemeteries6798:Real estate investment trusts7389:Business services, necReal Estate; Mortgage Bankers and BrokersSingaporeLand subdividers and developers, except cemeteries6552FFForeignPrivate1012617001Produce oleochemicalsRE dvlp firmCashCash OnlyStock1012621001May 28 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.00000Multi Wealth (Singapore) PteLtd is a real estatedevelopment firm. The companyis headquartered in Singapore.Multi Wealth (Singapore) Pte Ltd is a real estatedevelopment firm. The company is headquartered in Singapore.Multi Wealth (Singapore) Pte Ltd is a real estate development firm. The company is headquartered in Singapore.1.000002.000003.000004.000005.00000Mergui Development Pte Ltd isa real estate developmentfirm, headquartered inSingapore. The company wasfounded in 2007.Mergui Development Pte Ltd is a real estate developmentfirm, headquartered in Singapore. The company was founded in2007.Mergui Development Pte Ltd is a real estate development firm, headquartered in Singapore. The company was founded in 2007.0.000000.000000.000000.00000YSingapore Dollar26 May 08Mon, 26 May 2008 00:00:00 ESTDate Announced: 05/26/200826 May 08Date Effective: 05/26/200826 May 08Acq. Maj. Int.Friendly0.000000.000000.000000.000000.000000.00000Price/Share0.00000120 Singapore Dollar120.000000.00000120 Singapore Dollar120.0000053.0000053.000000.000000.00000120.00000120 Singapore Dollar0.73400N44.462000.000000.000000.000000.000000.0000088.1060088.106000.000000.000000.000000.000000.000000.000000.0000053.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.00000SINGAPORE - Multi Wealth(Singapore) Pte Ltd, awholly-owned unit of IOI CorpBhd's 67.46%-owned IOIProperties Bhd subsidiary,acquired a 53% interest inMergui Development Pte Ltd, areal estate development firm,for 120 mil Singapore dollars($88.106 mil US), in aformation of a joint venture.On completion MD became a53:35:12 joint venture amongMW, Kim Seng Heng Realty SdnBhd, and LBH Pte Ltd.SINGAPORE - Multi Wealth (Singapore) Pte Ltd, a wholly-owned unit of IOI Corp Bhd's 67.46%-owned IOI Properties Bhd subsidiary, acquired a 53% interest in Mergui Development Pte Ltd, a real estate development firm, for 120 mil Singapore dollars ($88.106 mil US), in a formation of a joint venture. On completion MD became a 53:35:12 joint venture among MW, Kim Seng Heng Realty Sdn Bhd, and LBH Pte Ltd.SINGAPORE - Multi Wealth (Singapore) Pte Ltd, a wholly-owned unit of IOI Corp Bhd's67.46%-owned IOI Properties Bhd subsidiary, acquired a 53% interest in Mergui DevelopmentPte Ltd, a real estate development firm, for 120 mil Singapore dollars ($88.106 mil US),in a formation of a joint venture. On completion MD became a 53:35:12 joint venture amongMW, Kim Seng Heng Realty Sdn Bhd, and LBH Pte Ltd.SINGAPORE - Multi Wealth (Singapore) Pte Ltd, a wholly-owned unit of IOI Corp Bhd's 67.46%-owned IOI Properties Bhd subsidiary, acquired a 53% interest in Mergui Development Pte Ltd, a real estatedevelopment firm, for 120 mil Singapore dollars ($88.106 mil US), in a formation of a joint venture. On completion MD became a 53:35:12 joint venture among MW, Kim Seng Heng Realty Sdn Bhd, and LBHPte Ltd.SINGAPORE - Multi Wealth (Singapore) Pte Ltd, a wholly-owned unit of IOI Corp Bhd's 67.46%-owned IOI Properties Bhd subsidiary, acquireda 53% interest in Mergui Development Pte Ltd, a real estate development firm, for 120 mil Singapore dollars ($88.106 mil US), in aformation of a joint venture. On completion MD became a 53:35:12 joint venture among MW, Kim Seng Heng Realty Sdn Bhd, and LBH Pte Ltd.Completed0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Completed-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000006552:Land subdividers and developers, except cemeteries324981001Kuala LumpMalaysia2076ForeignPublicIOICOR6552:Land subdividers and developers, except cemeteries1012621001Singapore6552ForeignPrivate88.10600120.0000088.1060044.46200Deal InformationThomson Financial Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/spcred/637573spcred/637573normThe latest News from S&P3/20/2008 8:31:55 AMNews100global637573MalaysiaAgricultural ProductsAsiaEmerging MarketsGlobal IssuersCorporationsHomebuildersNewsSINGAPORE (Standard&Poor's) March 20, 2008--Standard&Poor's Ratings Services said today that its rating and outlook on Malaysia's IOI Corp. Bhd.'s (IOI, BBB+/Negative/--) are unaffected by the recent announcement on the acquisition of oil palm plantations in Sarawak, for about Malaysian ringgit (MYR) 474 million including net debt consideration, even after factoring in planting capital expenditure. The proposed acquisition would largely be funded by the recent US$600 million convertible bonds issue. Although we view this to be within IOI's key business focus, the company's current credit profile is now highly vulnerable to future leveraged growth, shareholder-focused initiatives and softening market conditions, considering the cumulative impact of the leveraged acquisitions and shareholder friendly actions in the past one year.MYS30202010 302020 3020 30IOI Corp. Bhd.386405ASIAEMERGINGIOI@MKNEWSGLOBISSCORPHomebuildersCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/635613spcred/635613normThe latest News from S&P3/13/2008 11:30:46 PMNews100global635613MalaysiaAgricultural ProductsAsiaEmerging MarketsGlobal IssuersCorporationsHomebuildersNewsSINGAPORE (Standard&Poor's) March 14, 2008--Standard&Poor's Ratings Services today affirmed its 'BBB+' corporate credit rating on Malaysian palm oil producer IOI Corp. Bhd. The outlook is negative. The corporate credit rating and the 'BBB+' senior unsecured foreign currency issue rating were removed from CreditWatch with negative implications, where they were placed on Nov. 19, 2007, after IOI Corp.'s announcement on issuing US$600 million in bonds to fund its expansion, working capital, and potential acquisition plans. "The negative outlook reflects our concerns on the company's more aggressive approach to growth and acquisitions, with significant leveraged investments in overseas higher-end property development," said Standard&Poor's credit analyst Joey Chew. Although the impact of these investment plans on theMYS30202010 302020 3020 30IOI Corp. Bhd.386405ASIAEMERGINGIOI@MKNEWSGLOBISSCORPHomebuildersCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/635614spcred/635614normThe latest Research Update from S&P3/13/2008 11:30:46 PMResearch Update175global635614MalaysiaAgricultural ProductsAsiaEmerging MarketsGlobal IssuersCorporationsHomebuildersResearch UpdateOn March 14, 2008, Standard&Poor's Ratings Services affirmed the 'BBB+' corporate credit rating on Malaysian palm oil producer IOI Corp. Bhd. The outlook is negative. The corporate credit rating and the 'BBB+' senior unsecured foreign currency issue rating were removed from CreditWatch with negative implications, where they were placed on Nov. 19, 2007, after IOI Corp.'s announcement on issuing US$600 million in bonds to fund its expansion, working capital, and potential acquisition plans. The negative outlook reflects Standard&Poor's concerns on the company's more aggressive approach to growth and acquisitions, with significant leveraged investments in overseas higher-end property development. Although the impact of these investment plans on the group's financial profile has been partially alleviated by theMYS30202010 302020 3020 30IOI Corp. Bhd.386405ASIAEMERGINGIOI@MKRESUPDMYS30202030 302020 3020 30IOI Ventures (L) Bhd.IOI Capital (L) Bhd.386407412074ASIAEMERGINGIOIVENGLOBISSCORPHomebuildersCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/bir/1199300bir/1199300normIOI Corporation Bhd.MalaysiaAgriculture: Investment holding and the cultivation of oil palm and rubber and processing of palm oil and rubber. Subsidiary companies are engaged in the following: cultivation, processing and trading of oil palm and rubber; investment holding; landscape08310781152115221531154115421611162216231629207665126513655267197011799711321023611523611623611723621023622023711023721023731023799031122553111053112054132055111271399072111029IK3/7/2008 6:25:08 AM1199300Company Profiles & FinancialsGale Company Profileshttp://www.alacrastore.com/storecontent/fitch/369284_report_framefitch/369284_report_framepdfFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.IOI Corporation Bhd.835648651/24/2008 10:18:00 AM010000000103000001030100150Credit Update1961369284_report_frameCredit & Investment ResearchFitchResearchhttp://www.alacrastore.com/storecontent/fitch/402046_pr_framefitch/402046_pr_framehtmlFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.IOI Corporation Bhd.835648651/17/2008 10:19:00 AM01000000010300000103010075Press Release1961402046_pr_frameCredit & Investment ResearchFitchResearchhttp://www.alacrastore.com/storecontent/moodys/PR_147477_808145361moodys/PR_147477_808145361htmlAnnouncement1/12/2008 12:35:13 AMGlobal Credit Research Announcement ## JAN #### Announcement: IOI Ventures (L) Berhad Moody's affirms IOI's A# rating; outlook negative Hong Kong, January ##, #### -- Moody's has affirmed the A# issuer rating of IOI Corporation Berhad...IOI Ventures (L) Berhad808145361150.0000Newshtml808060262IOI Corporation BerhadIOI Corporation Berhad; IOI Ventures (L) BerhadPR_147477_808145361Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/625012spcred/625012normThe latest News from S&P1/10/2008 4:29:27 AMNews100global625012MalaysiaAgricultural ProductsAsiaEmerging MarketsGlobal IssuersCorporationsHomebuildersNewsSINGAPORE (Standard&Poor's) Jan. 10, 2008--Standard&Poor's Ratings Services said today its 'BBB+' corporate credit rating on Malaysian palm oil producer IOI Corp. Bhd. remains on CreditWatch with negative implications, after the company's recent announcement that its wholly owned subsidiary IOI Properties (Singapore) Pte. Ltd. has successfully tendered for a land parcel on Singapore's Sentosa island for about Singapore dollars (S$) 1.09 billion (US$760 million). As a 65% partner in the joint venture with Singapore's Ho Bee Investment Ltd. to buy the 99-year leasehold land, IOI Properties would fund its contribution of S$700 million potentially through a mix of debt, equity, and internally generated funds. The 'BBB+' foreign currency rating on the senior unsecured borrowings by IOI CapitalMYS30202010 302020 3020 30IOI Corp. Bhd.386405ASIAEMERGINGIOIMKNEWSGLOBISSCORPHomebuildersCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/625013spcred/625013normThe latest Research Update from S&P1/10/2008 4:29:27 AMResearch Update175global625013MalaysiaAgricultural ProductsAsiaEmerging MarketsGlobal IssuersCorporationsHomebuildersResearch UpdateOn Jan. 10, 2008, Standard&Poor's Ratings Services kept its 'BBB+' corporate credit rating on Malaysian palm oil producer IOI Corp. Bhd. (IOI) on CreditWatch with negative implications, after the company's recent announcement that its wholly owned subsidiary IOI Properties (Singapore) Pte. Ltd. has successfully tendered for a land parcel in Sentosa, Singapore, for about Singapore dollars (S$) 1.09 billion (about US$760 million). As a 65% partner in the joint venture with Singapore's Ho Bee Investment Ltd. to buy the 99-year leasehold land, IOI Properties would fund its contribution of S$700 million potentially through a mix of debt, equity, and internally generated funds. The 'BBB+' foreign currency rating on the senior unsecured borrowings by IOI Capital (L) Bhd. andMYS30202010 302020 3020 30IOI Corp. Bhd.386405ASIAEMERGINGIOIMKRESUPDMYS30202030 302020 3020 30IOI Ventures (L) Bhd.IOI Capital (L) Bhd.386407412074ASIAEMERGINGIOIVENGLOBISSCORPHomebuildersCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/fitch/400512_pr_framefitch/400512_pr_framehtmlCiliandra Perkasa, PtGenting BerhadIOI Corporation Bhd.8356486584224274860194741/7/2008 10:09:00 AM75Press Release19613182Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.400512_pr_frameCredit & Investment ResearchFitchResearchhttp://www.alacrastore.com/storecontent/moodys/COP_808060262moodys/COP_808060262htmlCredit Opinion1/2/2008 7:29:01 PMGlobal Credit Research Credit Opinion ## DEC #### Credit Opinion: IOI Corporation Berhad IOI Corporation Berhad Malaysia Ratings Category Moody's Rating Outlook Negative Issuer Rating A# IOI Ventures (L) Berhad Outlook Negative Bkd...IOI Corporation Berhad808060262150.0000NewshtmlIOI Corporation BerhadCOP_808060262Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_145457_820529446moodys/PR_145457_820529446htmlAnnouncement12/4/2007 12:18:25 AMGlobal Credit Research Announcement # DEC #### Announcement: Agri International Resources Pte. Ltd Moody's sees favorable prospects for Asian palm oil producers Hong Kong, December ##, #### -- Moody's Investors Service maintains a...Agri International Resources Pte. Ltd820529446150.0000Newshtml809600496Ciliandra Perkasa (P.T.)809472461Bakrie Sumatera Plantations Tbk (P.T.)808060262IOI Corporation Berhad600052151Golden Agri-Resources LtdAgri International Resources Pte. Ltd; Bakrie Sumatera Plantations Tbk (P.T.); ...PR_145457_820529446Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/613886spcred/613886normThe latest News from S&P11/19/2007 4:29:23 AMNews100global613886MalaysiaAgricultural ProductsAsiaEmerging MarketsGlobal IssuersCorporationsHomebuildersNewsSINGAPORE (Standard&Poor's) Nov. 19, 2007--Standard&Poor's Ratings Services said today it has placed the 'BBB+' corporate credit rating on Malaysian palm oil producer IOI Corp. Bhd. on CreditWatch with negative implications, after the company's announcement to issue up to US$600 million in bonds, for funding its expansion, working capital, and potential acquisition plans. At the same time, the 'BBB+' foreign currency rating on the senior unsecured borrowings have also been placed on CreditWatch with negative implications. In addition to the announcement last week, IOI Corp. had a capital-reduction exercise in April 2007 with Malaysian ringgit (MYR) 1.3 billion in capital paid out to date, and announced US$130 million in acquisitions of palm oil plantations in Indonesia inMYS30202010 302020 3020 30IOI Corp. Bhd.386405ASIAEMERGINGIOIMKNEWSGLOBISSCORPHomebuildersCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/613887spcred/613887normThe latest Research Update from S&P11/19/2007 4:29:23 AMResearch Update175global613887MalaysiaAgricultural ProductsAsiaEmerging MarketsGlobal IssuersCorporationsHomebuildersResearch UpdateOn Nov. 19, 2007, Standard&Poor's Ratings Services placed the 'BBB+' corporate credit rating on Malaysian palm oil producer IOI Corp. Bhd. on CreditWatch with negative implications, after the company's announcement to issue up to US$600 million in bonds, for funding its expansion, working capital, and potential acquisition plans. At the same time, the 'BBB+' foreign currency rating on the senior unsecured borrowings have also been placed on CreditWatch with negative implications. In addition to the announcement last week, IOI Corp. had a capital-reduction exercise in April 2007 with Malaysian ringgit (MYR) 1.3 billion in capital paid out to date, and announced US$130 million in acquisitions of palm oil plantations in Indonesia in August 2007, reflecting a material shiftMYS30202010 302020 3020 30IOI Corp. Bhd.386405ASIAEMERGINGIOIMKRESUPDMYSIOI Capital (L) Bhd.412074ASIAEMERGINGGLOBISSCORPHomebuildersCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_144627_808145361moodys/PR_144627_808145361htmlRating Action11/17/2007 12:21:45 AMGlobal Credit Research Rating Action ## NOV #### Rating Action: IOI Ventures (L) Berhad Moody's revises ratings outlook of IOI Corp to negative Hong Kong, November ##, #### -- Moody's Investors Services has revised the outlook of IOI...IOI Ventures (L) Berhad808145361150.0000Newshtml808060262IOI Corporation BerhadIOI Corporation Berhad; IOI Ventures (L) BerhadPR_144627_808145361Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/597041spcred/597041normThe latest News from S&P8/20/2007 8:29:43 AMNews100global597041MalaysiaAgricultural ProductsAsiaEmerging MarketsGlobal IssuersCorporationsHomebuildersNewsSINGAPORE (Standard&Poor's) Aug. 20, 2007--Standard&Poor's Ratings Services said today that IOI Corp. Bhd.'s (IOI, BBB+/Stable/--) recent announcement on the joint-venture acquisitions of oil palm plantations in Kalimantan, Indonesia, for US$130 million, in itself, has no immediate impact on the ratings on IOI or the outlook. Although IOI is still finalizing the capital expenditure related to these plantations, we do not expect this to materially increase the financial commitments of the company. These acquisitions are expected to improve diversity in the company's resource base and reduce its dependence on its Malaysia operations. Nonetheless, Standard&Poor's considers that despite the significantly higher crude palm oil (CPO) prices and the company's improved cash flow, the recent acquisitions andMYS30202010 302020 3020 30IOI Corp. Bhd.386405ASIAEMERGINGIOIMKNEWSGLOBISSCORPHomebuildersCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/592561spcred/592561norm7/26/2007 3:52:15 AMThe latest Full Report from S&PFull ReportAMORTIZED CONDOMINIUM EXPOSES SYNERGY HOPE EXPOSURES CARRIES MARKETABILITY BIOFUEL BORROWINGS BENEFIT SENTIMENTS GENTING FATS TANK OLEOCHEMICAL STAYING TRANSFERRED PRINCIPLES BURSA MYR6.4 BUYBACK MYR290 PURSUE USES CYCLICAL TOGETHER METRIC ADJUSTMENTS YIELD COMPARISON LAUNCHED DEVELOPS ESTATES BUOYED CONTAINING TAKE MYR3,447 VEGETABLE DOWNSTREAM LINKED TON EQUIVALENTS REPLANTING TENDERED BIODIESEL INTENDED JOHOR MYR1.9 CYCLES ASSUMING LEE SQUEEZE RESOURCE EQUIVALENT ENHANCES RECLASSIFIED MYR2 TOWNSHIP PREVAILING BUILDINGS EXCLUSIVE TONS KLANG MYR32 UPMARKET FOCUSED ADOPTION REFINED CORE RIGHTS RECORDING GOLDEN SENTOSA PROFITS BHD OPER DARBY INCENTIVE PRODUCERS CORRELATION RECOVERED ALIGNING RISING GUTHRIE PRODUCER CREDITOR FLUCTUATIONS EXPECT INVERSE ENJOYS HIGHLIGHTS FERTILIZER DAMPENING CENTURY DECIDING KERNEL POSITIVELY DEFER FRESH PUTRAJAYA FRIENDLY GIVES ABOLISHED VALLEY KEY VIEW CONTRIBUTED PLANTED SIME REFINERY LOCATIONS CONT BEE ANTICIPATE DETERIORATES MAINTENANCE REFINERIES DEVELOPMENTS UTILIZATIONIntermediate financial profile Favorable plantation resource profile Highly competitive cost position Synergy between key business segments Inherent industry risk Excess industry supply in oleochemical and property segment The rating on IOI Corp. Bhd. (IOI) factors in the group's intermediate financial profile, favorable plantation resources, highly competitive cost position, and synergy between key business segments. Nevertheless, the rating is constrained by inherent industry risks, and likely excess supply in oleochemical and property segment. IOI is a major integrated palm oil group in Malaysia with interests in plantation, resource-based manufacturing and property. The group reported total revenue of Malaysian ringgit (MYR) 6.4 billion in the nine months ended March 31, 2007. Its asset size was MYR12.8 billion at March 31, 2007. ItIOI Corp. Bhd.30202010 302020 3020 30MYSglobal180.00386405592561Credit & Investment ResearchS&P Credit Research