Innoprise Plantations Bhd

KLSE:INNO

Innoprise Plantations Bhd.is an investment holding company, which engages in the provision of management services to subsidiaries. The company is headquartered in Kota Kinabalu, Sabah. The firm is engaged in the provision of management services to subsidiaries. The firm is principally involved in cultivation of oil palm, processing of Fresh Fruits Bunches (FFB) to produce crude palm oil (CPO) and palm kernel (PK). The firm operates through two segments: Palm and bio-integration and Corporate. The Palm and bio-integration segment is engaged in the cultivation of oil palm and plantation trees, manufacture and sale of crude palm oil and palm kernel, and generation and supply of electricity from a biomass plant. The Corporate segment is engaged in group level corporate services and treasury functions. The firm's subsidiaries include Serijaya Industri Sdn. Bhd. and IPB Bio Energy Sdn. Bhd. Serijaya Industri Sdn. Bhd is engaged in the operation of oil palm plantations and palm oil mill. IPB Bio Energy Sdn. Bhd is a producer and supplier of renewable energy.