Ioi Corporation BHD traded at 3.93 this Thursday March 5th, increasing 0.01 or 0.26 percent since the previous trading session. Looking back, over the last four weeks, Ioi Corporation BHD gained 2.48 percent. Over the last 12 months, its price rose by 2.61 percent. Looking ahead, we forecast Ioi Corporation BHD to be priced at 3.83 by the end of this quarter and at 3.61 in one year, according to Trading Economics global macro models projections and analysts expectations.
IOI Corporation Berhad is an investment holding company. The Company, through its subsidiaries is engaged in the cultivation of oil palm, processing of palm oil and investment holding. The Company operates in two segments: Plantation and Resource-based manufacturing. The Plantation segment is engaged in cultivation of oil palm and rubber, and processing of palm oil with operations in the spectrum of palm oil value chain from the upstream activities of seed breeding and planting to crop oil extraction to the downstream resource-based manufacturing activities. The Resource-based manufacturing segment is engaged in manufacturing of oleochemicals, specialty oils and fats, palm oil refinery and palm kernel crushing. The Company's products are used in various industries, such as food, pharmaceuticals, and cosmetics and performance chemicals. Its subsidiaries include B. A. Plantations Sdn Bhd, IOI Plantation Sdn Bhd and IOI Bio-Energy Sdn Bhd.