Eng - IOI Group

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profileofdirectorsTan Sri Dato’ Lee Shin ChengExecutive ChairmanMalaysian, aged 64Tan Sri Dato’ Lee Shin Cheng was first appointed to the Board on 21 July 1981. As Executive Chairman, he activelyoversees the operations of the Group. He is an entrepreneur with considerable experience in the plantation and propertydevelopment industries. In recognition of Tan Sri’s immense contributions to the evolving needs and aspirations of theproperty industry in Malaysia, Tan Sri was bestowed the singular honour of FIABCI Malaysia Property Man of the Year2001 Award. In February 2002, Tan Sri was conferred the Honourary Doctorate Degree in Agriculture by Universiti PutraMalaysia in recognition of his contributions to the palm oil industry. Tan Sri is also active in providing his advice andguidance to a large number of industry groupings, associations and social organisations. He serves as, among others, aBoard Member of Universiti Putra Malaysia and Malaysian Palm Oil Board (MPOB), the Adviser to the KL & SelangorChinese Chamber of Commerce and Industry, a Council Member of Malaysian Palm Oil Association (MPOA), a member ofMalaysia-China Business Council, the Honourary President of Association of Eng Choon Societies of Malaysia andFederation of Hokkien Association of Malaysia.Tan Sri is a member of Remuneration Committee of the Company. He is also the Executive Chairman of IOI PropertiesBerhad and Palmco Holdings Berhad.Tan Sri is the father of Dato’ Lee Yeow Chor and the brother of Lee Cheng Leang, both Executive Directors of the Company.Tan Sri is deemed in conflict of interest with the Company by virtue of his interest in certain privately-owned companieswhich are also involved in plantation and property development businesses. However, these privately-owned companiesare not in direct competition with the business of the Company. Except for certain recurrent related party transactionsof revenue nature which are necessary for day-to-day operations of the Company and its subsidiaries and for which TanSri is deemed to be interested as disclosed under Other Information section of the Annual Report, there are no otherbusiness arrangements with the Company in which he has personal interests.Tan Sri attended eight out of the nine Board Meetings held during the financial year ended 30 June 2003.IOI Corporation BerhadAnnual Report 200326
Dato’ Lee Yeow ChorExecutive DirectorMalaysian, aged 37Dato’ Lee Yeow Chor was first appointed to the Board on 25 April 1996. He graduated with a LLB (Honours) from King’sCollege, University of London and was called as a Barrister at Gray’s Inn. He also holds a Postgraduate Diploma inFinance and Accounting from the London School of Economics. As a Group Executive Director, he is actively involved inoverseeing the various business operations of the Group. Prior to joining the IOI Group, he served in various capacities inthe Attorney General’s Chambers and Judiciary Department for approximately four years. His last posting at the JudiciaryDepartment was as a Magistrate. Dato’ Lee currently serves as the National Secretary-General of the Malaysia RealEstate & Housing Developers’ Association (REHDA), a Council Member of the Malaysian Palm Oil Association (MPOA) anda Council Member of the Malaysian Association of Hotel Owners.He is also an Executive Director of IOI Properties Berhad and Palmco Holdings Berhad.Dato’ Lee Yeow Chor is the eldest son of Tan Sri Dato’ Lee Shin Cheng.Dato’ Lee Yeow Chor is deemed in conflict of interest with the Company by virtue of his interest in certain privatelyownedcompanies which are also involved in plantation and property development businesses. However, these privatelyownedcompanies are not in direct competition with the business of the Company. Except for certain recurrent relatedparty transactions of revenue nature which are necessary for day-to-day operations of the Company and its subsidiariesand for which Dato’ Lee is deemed to be interested as disclosed under Other Information section of the Annual Report,there are no other business arrangements with the Company in which he has personal interests.He attended eight out of the nine Board Meetings held during the financial year ended 30 June 2003.Dato’ Yeo HowExecutive DirectorMalaysian, aged 47Dato’ Yeo How was first appointed to the Board on 25 April 1996. He is a Certified Public Accountant and a member ofthe Malaysian Institute of Accountants. As a Group Executive Director and apart from his principal responsibilities asChief Financial Officer, he also oversees the Group’s commodity marketing and palm-based manufacturing business units.He has considerable experience in corporate finance and general management. He has been with the IOI Group for thepast 20 years and, prior to joining the IOI Group in 1983, he was with a public accounting firm for 5 years. Dato’ YeoHow is also a Council Member of the Malaysian Institute of Certified Public Accountants (MICPA).Dato’ Yeo How is a member of the Audit Committee. He is also an Executive Director of IOI Properties Berhad and PalmcoHoldings Berhad.He attended all the nine Board Meetings held during the financial year ended 30 June 2003.27IOI Corporation BerhadAnnual Report 2003
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Page 5 and 6: OPERATING BACKGROUNDThe Malaysian e
Page 7 and 8: FINANCIAL OVERVIEW cont’dGroup’
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ACTIVITIES cont’dviiReview of the
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Re-electionIn accordance with the C
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NATURE OF OUR INTERNAL CONTROLS CON
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otherinformationCOMPOSITION OF SHAR
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27 Tan Sri Dato’ Lee Shin Cheng i
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groupbusinessstructurePlantationPla
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EuropeNetherlands : Wormerveer and
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■ Plantation1 Bukit Dinding Estat
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• The exercise price of Warrants
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MARCH 2003• IOI achieved a 5th pl
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socialcontributions• In conjuncti
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directors’reportThe Directors of
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eportoftheauditors to the members o
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groupproperties cont’dAPLANTATION
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groupproperties cont’dDINDUSTRIAL
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groupproperties cont’dEOTHER PROP
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LIST OF TOP 30 SHAREHOLDERS cont’
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