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IOI Bhd (IOI Bhd) Allowance For Loans And Lease Losses


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What is IOI Bhd Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


IOI Bhd (IOI Bhd) Business Description

Traded in Other Exchanges
Address
Level 29,IOI City Tower 2, Lebuh IRC, IOI Resort City, Wilayah Persekutuan, Putrajaya, SGR, MYS, 62502
IOI Corp Bhd is a palm oil producer. Its operations include oil palm plantations and Resource-based manufacturing divisions. The plantations are monitored to check oil palm nutrient status, seed breeding, ground conditions, and other data sources to improve the efficiency of each estate. The majority of revenue from the plantations comes from sales to its manufacturing divisions. Once the oil reaches the manufacturing divisions, it can be refined to create snack ingredients, soap, plastics, fatty acids, and other oils. The products are exported worldwide to many different customers, including some multinational corporations.