CIMB Research maintains Reduce on IOI Corp


Weakening crude palm oil prices weighed on plantations

* A complaint was lodged by Aid Environment on April 3, 2015 regarding IOI Group’s plantation subsidiaries in Indonesia, namely PT Sukses Karya Sawit (PT SKS), PT Berkat Nabati Sawit (PT BNS) and PT Bumi Sawit Sejahtera (PT BSS).

* According to the complaint, IOI Group is alleged to have violated the Roundtable Sustainable Palm Oil (RSPO) Principles and Criteria, and RSPO procedures. 

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