IOI Properties Hikes Dividend Despite Profit Drop in Fiscal Q4

IOI Properties Group Berhad is a company in Malaysia that specializes in developing properties. They have several different divisions within the company, including property development, property investment, hospitality and leisure, and other operations. The property development division focuses on building residential, commercial, and industrial properties. The property investment division involves the company investing in shopping malls, office buildings, and other types of properties. In the hospitality and leisure division, IOI Properties Group is responsible for managing and operating hotels, resorts, golf courses, and amusement parks. The other operations division includes project and building services management, as well as landscape services. IOI Properties Group has a diverse investment portfolio, with approximately 7.8 million square feet of net lettable area. This includes retail spaces and purpose-built offices located in Malaysia, Singapore, and the People's Republic of China (PRC). Among their properties, IOI Properties Group owns and manages IOI City Mall, IOI Mall Puchong, IOI Mall Kulai in Johor, and IOI Mall Xiamen in the PRC.

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