Innoprise proposes cash call, share split


KUALA LUMPUR: Innoprise Plantations Bhd is proposing to raise up to RM36.5mil via a two-call rights issue for loan repayment and working capital purposes.

In an announcement to Bursa Malaysia, Innoprise proposes to undertake a share split involving the subdivision of each Innoprise share into two ordinary shares held by shareholders on an entitlement date to be determined later.

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Business , innoprise , palm oil , cpo

   

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