Wednesday, March 31, 2010

INNO - Entitlement - Others (2 : 1)

Stock Name: INNO
Company Name: INNOPRISE PLANTATIONS BERHAD
Amount/Ratio: 2 : 1
Announcement Date: 31/03/2010
Ex Date: 12/04/2010

Detail:

EX-date: 12/04/2010

Entitlement date: 14/04/2010

Entitlement time: 05:00:00 PM

Entitlement subject: Others

Entitlement description: The Capital Reconstruction comprises the following:-

(a) Cancellation of RM0.50 of the par value of each existing ordinary share of RM1.00 each in Innoprise Plantations Berhad ("IPB") ("Capital Reduction"); and

(b) Consolidation of two (2) ordinary shares of RM0.50 each in IPB after the Capital Reduction into one (1) ordinary share of RM1.00 each in IPB

Period of interest payment: to

Share transfer book & register of members will be: to closed from (both dates inclusive) for the purpose of determining the entitlements

Registrar's name ,address, telephone no: Symphony Share Registrars Sdn Bhd
Level 6, Symphony House
Pusat Dagangan Dana 1
Jalan PJU 1A/46
47301 Petaling Jaya
Selangor Darul Ehsan

Tel no.: (603) 7841 8000

a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 14/04/2010

Entitlement indicator: Ratio

Ratio: 2 : 1

Remarks: On the even date, IPB has also announced the book closure date for the renounceable rights issue of up to 168,750,000 new ordinary shares of RM1.00 each in IPB (“Rights Shares(s)”) on the basis of three (3) Rights Shares for every one (1) existing ordinary share of RM1.00 each in IPB held after the Capital Reconstruction at an issue price of RM1.00 per Rights Share ("Rights Issue"). The book closure date for the Rights Issue will be at 5.00 p.m. on 14 April 2010.

This announcement is dated 31 March 2010.

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