Statement by IOI Properties Group Berhad

Source: Corporate Communication

We refer to the 2 July 2019 Facebook posting regarding three (3) factories in Pasir Gudang which contains malicious and baseless accusations calculated to harm and tarnish our reputation as a well-respected leader in the real estate industry. 

We clarify herein that all the three factories mentioned are not owned by our company and they are owned by IOI Corporation Berhad of which our CEO, Mr Lee Yeow Seng is a non-Executive Director.

The three factories owned by IOI Corporation Berhad subscribe to a comprehensive waste management system for both general and scheduled waste and adhere to high global health, safety and environmental standards and through which have earned the respect and trust from their customers, many of whom are sizeable multinational corporations.

They are ISO 14001:2015 Environmental Management System and ISO 45001:2018 Occupational Health and Safety Management System certified and are a signatory to CICM-Responsible Care which requires the company to conform to statutory regulations, operate to the best practices of the industry, work closely with the authorities and the community in achieving the required levels of performance.

Apart from being the spouse of Mr Lee Yeow Seng, YB Yeo Bee Yin does not have any connection with our business and operations and the allusion made to her involvement in our company is clearly made in bad faith and has adversely impacted her reputation.

We view such malice seriously and shall seek legal advice to deal with such irresponsible persons without hesitation. We seek for good values to prevail amongst all of us in this matter.

– END –

For more information, please contact:

IOI Properties Group Berhad
Kristine Ng Mee Yoke
General Manager, Corporate Communication and Sustainability
Tel: 603-8947 8949
E-mail: [email protected]