My workplace - IOI Resort

While IOI is known for their plantation business, they are also one of the main player in properties segment. One of their best development is a resort style city known as IOI resort city http://www.ioiresortcity.com. I'm blessed to work in this wonderful and peaceful place. It's 20 minutes away from my house in Bangi and yes it's traffic jam-less and toll-less every single day, the thing I value the most. Parking is abundant and another worry-less issue for me. The resort itself is green in concept with many facilities available. Two hotels (marriott & palm garden, golf club, residential area (condo and bungalow) and of course two towers for office where I'm based now.

When people asked about my job and my reply is IOI, no one seems to know what company is this. And most of the time, the answer is 'owhh...IOI mall'. I think IOI should enhance their image as a corporate prowess to the Malaysian public. Less known to most, IOI group along with YTL group are the only non-glc in the top 10 largest companies in Malaysia in terms of market capitalization and revenue. Let's see some comparison with some well-known GLCs:

IOI's financial performance for past five years:

http://www.ioigroup.com/Investor/inves_fiveyearsummary.cfm

for comparison with MISC & MAS:

http://www.misc.com.my/invest_financial_highlights_chart.php

http://malaysiaairlines.listedcompany.com/financial_highlights.html

If we compare revenue and profitability for 2009 (since MAS updated up to 2009, so we compare based on 2009):

2009	Revenue (RM)	Profit before taxation (RM)
IOI Group	14.6 Billion	1.5 Billion
MISC	15.7 Billion	1.5 Billion
MAS	11.5 Billion	500 – 600 Million

In 2010, the revenue for IOI decreasing to RM12.5 Billion but the profit before taxation increased to RM2.5 Billion. IOI's stock also is one of the blue chip stock and consistently providing good dividends.. So it's quite surprising that IOI is less known to the public even though they are one of the most financially stable company and one of the best performing company in Malaysia.

*** Edited 

Based on The Edge Billion Ringgit Club, this is the latest standing for IOI. Overall, pretty solid I would say and obviously cementing their prowess in Malaysia's corporate scene. While their revenue dropped in 2010 (and not top 10 in terms of revenue), their profit and market capitalization are still in top 10.

Anyway, back to my workplace, below is my desk. The good thing about SAP, I don't have any physical documents on my desk most of the time. One day, one makcik asked me 'What did you do all day? Why you have no files or documents on your desk?' I think she assumed I have nothing to do. I tried explaining to her that this is the nature of my work, all can be done from my notebook. She seems puzzled with my answer. In fact, most of our non-SAP co-workers seems puzzled with what we are doing here. Even my HR team keep asking the same question over and over, what is the difference between IT and SAP? I tried to simplify my answer, we are hybrid between business and IT. When I had to attend SAP BW training the other day, they asked what is Business Warehouse and why this course is so expensive?Again, I tried to explain in simplest manner. But I still think they assumed this is for actual physical warehouse. I have to admit though, I too had the same issue before I start working as SAP consultant. So, it is no surprise that they couldn't comprehend what is SAP :) . 

At the moment, new developments are under way to rival the Midvalley's office, retail, residential & mall concept and will be ready by 2013. The intention is to transform the resort into self-sufficient city within a garden. While it's exciting to see all developments happening here in the resort, I hope the place would be as peaceful and green as now. I just hate the hustling and bustling lifestyles....one of the reason I try to avoid working at KL at all cost...