Innoprise Plantations Bhd
KLSE:INNO
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INNO's latest stock split occurred on Jan 29, 2016
The company executed a 165-for-151 stock split, meaning that for every 151 shares held, investors received 165 new shares.
Before the split, INNO traded at 0.66 per share. Afterward, the share price was about 0.4169.
The adjusted shares began trading on Jan 29, 2016. This was INNO's 2nd stock split, following the previous one in Apr 12, 2010.
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Innoprise Plantations Bhd
Glance View
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.
