IOI Corp’s MD elected as MPOA chairman

KUALA LUMPUR: The Malaysian Palm Oil Association (MPOA) has elected Datuk Lee Yow Chor as its new chairman for the 2020-2022 term to replace Datuk Franki Anthony Dass who retires a er serving from 2016 to 2020.

MPOA said Lee is group managing director and chief executive of IOI Corporation Bhd and was chairman of the Malaysian Palm Oil Council (MPOC) from February 2009 to March 2020.

“His vast and long experience in the Industry will definitely give the association the added boost in addressing issues plaguing the plantation sector,” it said in a statement yesterday.

Meanwhile, Hap Seng Plantations Holding Bhd chief executive officer Au Yong Siew Fah was re-elected as MPOA vice-chairman.

Established in 1999, MPOA comprised 121 plantation companies which own and/or managed a combined 40 per cent or 1.82 million hectares of oil palm planted area in Malaysia, making it the single largest association representing the industry in the country.