Favorable plantation profile and downstream integration Intermediate financial risk profile and sound access to capital markets Competitive cost position Industry risks associated with the plantation business Increasing exposure to the property segment The rating on IOI Corp. Bhd. reflects the Malaysia-based company's favorable palm plantation profile, intermediate financial risk profile, sound access to capital markets, and competitive cost position. The industry risks associated with plantation business, and IOI's increasing exposure to property development partly offset these strengths. IOI's palm plantations have a favorable age profile, with more than 70% plants in prime category. The company's key operating parameters such as yield per mature hectare and oil extraction rates for crude palm oil (CPO) and palm kernel are better than the