SHARE INFORMATION
United Plantations Berhad (UP) is one of the larger medium sized plantations groups in Malaysia and is listed on Main Market of Bursa Malaysia Securities Berhad (Bursa Malaysia).
The Company increased the number of ordinary shares by way of bonus issue of 208,134,266 ordinary shares on the basis of one (1) new ordinary share for every one (1) existing ordinary share held. The bonus issue exercise was completed on 29 May 2020. The issued capital is now 416,268,532 (including 1,483,548 treasury shares) and the class of shares are ordinary shares only. All shareholders whose names appear on the Record of Depositors at the time of the AGM will have the same voting rights, each share is entitled to one vote and voting on all resolutions to be proposed at the AGM will be by way of a poll.
The shareholders, via the Annual General Meeting, are the Company’s supreme authority and the Constitution constitute the principal guidelines for operations.
According to UP’s share register, the Company had 9,348 registered shareholders on 31 December 2023, compared to 8,467 registered shareholders at the end of 2022 shows an increase of 10.4%.
Share price development, market value and turnover
The market capitalization UP was RM7.41 billion at the end of the financial year 31 December 2023 compared to RM6.37 billion at the end of 2022.
In 2023, UP shares traded in a price range from RM14.84 to RM18.14 per share.
At the end of 2022, UP’s closing share price was RM15.30 and at the last trading date in 2023, it had increased to RM17.80 which is equivalent to an increase of 16.3%.
In 2023, the total turnover in the UP share was RM1.439 million, which corresponds to a daily average trading turnover of RM5.9 million or approximately 360,343 shares, which was lower than the daily average number of 415,847 shares traded in 2022.
For more information about the UP share, please see below.
Basic Share Information
Stock Exchange |
Bursa Malaysia Securities Berhad |
Sector |
Plantations |
Stock Code |
2089 |
Stock Name |
UTDPLT |
Issued Share Capital (RM) |
390,054,000 |
Number of shares |
416,268,532 (including 1,483,548 treasury shares) |
Class of Shares |
Ordinary Shares |
The share price has adjusted itself on 27th May 2020 pursuant to a bonus issue of one ordinary share for every one existing ordinary share.
CPO PRICE MONITORING
The latest CPO Futures Price
NOTIFICATIONS OF E-DIVIDENDS FOR SHAREHOLDERS
To all shareholders on the Principal Register listed on Bursa Malaysia Securities Berhad.
For more information on e-dividends please check here
DIVIDEND POLICY & DISTRIBUTION GUIDELINES
For more information on the above policy please check here
FINANCIAL CALENDAR
Explore United Plantations financial calendar of past and upcoming dates relevant to our financial performance and announcements amongst others