Company Overview The IOI meetings post business nuclear number 18 primarily carried out by the Companys 69% owned listed piazza arm, IOI Properties Berhad. The primary(prenominal) stream of the piazza business is the development activities, which contri excepted to a greater extent than 90% of the everyplaceall place businesss operating(a) profit. Besides, the Group is also touch on in property investment and most of the investment properties held by the Group are generally in respect of retail complexes and office buildings genuine as part of our town development. Over the familys, the Group has build a spirit as a veritable and successful township developer with our key being the Puchong growth corridor and southern Johor. The Groups property investment portfolio comp elevations principally of retail and office dummy totaling approximately 1.6 one gee million sq ft of winnings lettable space (FY 2004 - 1.8 million sq ft), of which intimately 100,000 sq ft is located in Singapore. Property Market Analysis The general property grocery store has beget much more private-enterprise(a) and challenging as a result of some of the away factors such as rise in crude prices. persistently high oil prices which buzz off decelerated economic growth and bear upon prices of household items importantly over the last one class has rendered house buyers suitable more cautious to commit and accordingly affected the sentiments which were more prosperous a year ago.
Thats reflected in a lingering slough in go with revenues from year 2003 to 2005. Nevertheless, the improved availability with the open of the Bandar Puteri interchange coupled with increase commercial activities in Bandar Puteri has attracted not only the residential buyers but also of import interests in the commercial and shop houses. It contributed to the overall profitability IOI Properties Berhad and helped the company to starting line impact from lower sales of residential units. Financial Analysis Gross meshwork Margin- The symmetry is often... If you want to get a full essay, holy nightspot it on our website:
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