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Innoprise Plantations Bhd
6th Floor
Menara Tun Mustapha, Likas Bay
Phone: +60 88326415p:+60 88326415 KOTA KINABALU, 88400  Malaysia Ticker: INNOINNO
Business Summary
Innoprise Plantations Berhad is a Malaysia-based investment holding company. The Company is engaged in the provision of management services to subsidiaries. The Company is principally involved in cultivation of oil palm, processing of Fresh Fruits Bunches (FFB) to produce crude palm oil (CPO) and palm kernel (PK). Its segments include 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 Company is undertaking planting and development on approximately 22,763 hectares of land. The plantation operation is organised under six estates, namely Imbak, Gunung Rara, Labau, Maliau, Lokan and Luasong estates. Its subsidiaries include Serijaya Industri Sdn. Bhd. and IPB Bio Energy Sdn. Bhd.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2022Yes----

Industries
SIC Code Description
2079 Shortening, table oils, margarine, and other edible fats and oils
6719 Offices of holding companies, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Non-Executive Chairman of the Board MajinHj. Ajing 74 1/1/2021
Chief Operating Officer JohnBin Sindin 56 1/1/2022 1/1/2015
Managing Director, Executive Director Aik KiongTan 63 8/14/2019 8/14/2019
7 additional Officers and Directors records available in full report.

Business Names
Business Name
INNO
Innoprise Industries Bhd
Sinora Industries Berhad

General Information
Number of Employees: 2,219 (As of 12/31/2022)
Outstanding Shares: 478,857,950 (As of 12/31/2023)
Shareholders: 6,083
Stock Exchange: KUL
Fax Number: +60 88432104


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Saturday, April 27, 2024