11.11.2013 05:08:00

IOI Corporation Berhad -- Moody's: IOI's property spin-off beneficial in the long term

Singapore, November 11, 2013 -- Moody's Investors Service says that IOI Corporation Berhad's (IOI, Baa2 stable) credit profile will weaken in the short term once it goes through with its plan to spin off its property business, but the action should prove beneficial in the long term.

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