Tan Sri Lee Shin Cheng

Tan Sri Lee Shin Cheng was a Malaysian business magnate, investor and philanthropist. Lee Shin Cheng headed IOI Corporation Berhad, better known as IOI Group, as its executive chairman. IOI is a conglomerate managing oil palm plantations, producing special fats and oleochemical products, as well as developing real estate in Malaysia, Indonesia, the United States and Europe. The IOI refinery in Rotterdam, the Netherlands, is Europe's largest palm oil processing plant. IOI oil palm plantations in Malaysia and Indonesia produce palm oil and palm kernel oil. These oils are converted into special oils, metal stearates and fats, which are used in soaps, detergents, cosmetics and food additives. IOI Group is a leading real estate developer in Malaysia. Projects include townships, shopping malls, condominiums, office towers and resorts.