Eng - IOI Group

Other Information cont’dRECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE NATURE cont’d8 Dato’ Lee Yeow Chor is an Executive Director and a deemed Major Shareholder of IOI and IOIP and person connected to Tan SriDato’ Lee Shin Cheng as he is the son of both Tan Sri Dato’ Lee Shin Cheng and Puan Sri Datin Hoong May Kuan. He has aninterest (direct and indirect) of 230,804,400 shares representing 71.07% equity interest in IOIP9 Dato’ Yeo How is an Executive Director of IOI and IOIP and he holds 4,000 shares representing less than 0.01% equityinterest in IOIP10 Progressive Holdings Sdn Bhd (“PHSB”) is a Major Shareholder of IOI, deemed Major Shareholder of IOIP and person connectedto Tan Sri Dato’ Lee Shin Cheng. PHSB has an interest (direct and indirect) of 230,789,400 shares representing 71.07% equityinterest in IOIP11 Lee Yeow Seng is a deemed Major Shareholder of IOI and IOIP and person connected to Tan Sri Dato’ Lee Shin Cheng as he is theson of both Tan Sri Dato’ Lee Shin Cheng and Puan Sri Datin Hoong May Kuan and the brother of Dato’ Lee Yeow Chor. He hasan interest (direct and indirect) of 230,804,400 shares representing 71.07% equity interest in IOIP12 YM Raja Said Abidin b Raja Shahrome is a Director of IOIP and was a Director of IOI Oleochemical Industries Berhad, a whollyowned subsidiary of IOI. He holds 5,000 shares representing less than 0.01% stake in IOP13 Datuk Koh is a Director of certain subsidiaries of IOI namely, IOI Edible Oils Sdn Bhd, IOI Specialty Fats Sdn Bhd, IOI Jeti Sdn Bhdand IOI Bio-Energy Sdn Bhd and he is also a Director and Major Shareholder of Affinity Future Sdn Bhd (“Affinity Future”). Hehas an indirect interest of 14,570,000 shares representing 1.19% stake in IOI14 PHSB is a Major Shareholder of IOI and deemed Major Shareholder of IOIP and Malayapine Estates Sdn Bhd (“Malayapine”)15 Tan Sri Dato’ Lee Shin Cheng is the Executive Chairman/Director and deemed Major Shareholder of IOI and Malayapine16 Puan Sri Datin Hoong is a deemed Major Shareholder of IOI and Malayapine and person connected to Tan Sri Dato’ LeeShin Cheng17 Dato’ Lee Yeow Chor is an Executive Director/Director and deemed Major Shareholder of IOI and Malayapine and personconnected to Tan Sri Dato’ Lee Shin Cheng as he is the son of both Tan Sri Dato’ Lee Shin Cheng and Puan Sri Datin HoongMay Kuan18 Lee Yeow Seng is a Director of Malayapine and a deemed Major Shareholder of IOI and Malayapine and person connected toTan Sri Dato’ Lee Shin Cheng as he is the son of both Tan Sri Dato’ Lee Shin Cheng and Puan Sri Datin Hoong May Kuan and thebrother of Dato’ Lee Yeow Chor19 Affinity Future is a company connected to Datuk Koh Kin Chee, who is a Director and Major Shareholder of the said company20 Malayapine is a subsidiary company of PHSB and a company connected to Tan Sri Dato’ Lee Shin Cheng21 The rental property relates to a space in an office block located at Two IOI Square, IOI Resort, 62502 Putrajaya with a built-uparea of 85,791 sq ft at a monthly rental of RM300,269• Notwithstanding the related party disclosure already presented in the financial statements in accordance with Financial ReportingStandards No. 124 (“FRS 124”), the above disclosure are made in order to comply with Paragraph 10.09 of the ListingRequirements of Bursa Malaysia Securities Berhad (“Listing Requirements”) with regard to the value of related party transactionsof a revenue nature conducted pursuant to shareholders’ mandate during the financial year, as the scope of related partyrelationships and disclosure contemplated by the Listing Requirements are, to certain extent, different from those of FRS 124.• The shareholdings of the respective interested Directors / Major shareholders as shown above are based on information disclosedin the Circular to Shareholders in relation to the Proposed Shareholders’ Mandate for Recurrent Related Party Transactions of ARevenue or Trading Nature dated 28 September 2006.IOI Corporation BerhadANNUAL REPORT 2007 86