Eng - IOI Group

Corporate Calendar cont’dJan 2007• IOI acquired the entire ordinary share capital in both Pan-Century Edible Oils Sdn Bhd and Pan-Century Oleochemicals Sdn Bhd (collectively referred to as “Pan-Century”) for a cash considerationof RM424 million. Pan-Century owns one of the largest single-location vertically integrated palm oilrefinery and oleochemicals complex in the world, which is located in Pasir Gudang, Johor.• IOI and IOI Ventures (L) Berhad entered into a Term Facility Agreement with American FamilyLife Assurance Company of Columbus, Japan Branch for a 30-year JPY15 billion (equivalent toapproximately USD128 million) fixed-rate loan due 2037. The said loan was drawn down on 22January 2007 and shall be repayable in full on 22 January 2037.• IOI once again won the Asiamoney’s Best Managed Companies Award in Malaysia under the categoryof large capitalised companies based on its sound management and good corporate vision. It has beenmaintaining the status since 2004.• IOI was awarded the Brand Laureate 2006-2007 for “Best Brands Plantation”. The Brand LaureateAwards is the first regional brand award to originate from Malaysia, covering various industries andcategories from multinationals to small and medium industries. The award is in recognition of IOI‘sstrong corporate branding superior brand strategy and good agricultural practice in plantation.97ANNUAL REPORT 2007IOI Corporation Berhad