IMASPRO CORPORATION BERHAD

IMASPRO CORPORATION BERHAD (ICB) was incorporated on 28 June 2004 as a public company limited by shares in Malaysia under the Companies Act 1965 as the vehicle to undertake its public flotation exercise. ICB was successfully listed on the Second Board of Bursa Malaysia Securities Berhad (The Stock Exchange of Malaysia) on 20 January 2006 .

The ICB Group of companies consists of ICB as the investment holding company, 5 direct wholly-owned subsidiaries namely Imaspro Resources Sdn Bhd (IRSB), Ideal Command Sdn Bhd (ICSB), Plant Science Centre Sdn Bhd (PSCSB), Millennium Station Sdn Bhd (MSSB), Mosfly International Sdn Bhd (MISB), and 2 sub-subsidiaries Imaspro Biotech Sdn Bhd (IBSB) and Imaspro Resources Incorporated (IRC). Manufacturing and distributing of quality, cost effective agrochemicals and pest control related products are the Group's main activities.

IMASPRO RESOURCES SENDIRIAN BERHAD

Our administrative headquarter is based in Klang which is approximately 50km from Kuala Lumpur, while our manufacturing plant is located in Port Klang. We own a 43-acre BioScience Research Center in Melaka (R&D Centre) to facilitate profiling of new pesticides and evaluating new pesticides formulation for optimal bio-efficiency.

We stay at the forefront of the industry by undertaking continuous research and development so that our products meet the evolving industry (crop and non-crop protection) requirements and expectations of our customers. On crop protection, our research is primarily focused on plantation crops, fruits and vegetables to control weeds, insect pests and plant diseases, including the evaluation of new formulations of pesticides for optimal bio-efficacy. On non-crop protection, we have purpose-built facilities within our R&D Centre to evaluate the effectiveness of our termiticide product formulations and establish the optimal application rate.

The ownership of more than 200 local and overseas pesticides registrations makes us the owner of one of the largest agrochemical databases in Malaysia . As a leading generic agrochemical producer in the region we provide a comprehensive range of quality and cost-effective agrochemicals to cater for both the crop and non-crop protection requirements of our customers.

Our ability to sustain our competitive advantages against larger established players is evident from our consistent growth and performance improvements over the years. For the financial year ending 30 June 2008 , we recorded a sales turnover of RM 151 million (US$ 43 million), from its humble beginning of RM 3.5 million (US$ 1 million) in 1993.

IMASPRO BIOTECH SDN BHD

IMASPRO BIOTECH SDN BHD (IBSB), a subsidiary of IRSB was established in November 2006 for the purpose of commercializing Malaysia 's first bio-palm based insecticide. This commercialization is part of the joint R&D project between IMASPRO and MPOB (Malaysian Palm Oil Board) to develop a water-based insecticide via incorporation of environmental friendly biodegradable solvent and emulsifier derived from oil palm using bio-palm formulation technology. On this joint project, we have completed all the necessary laboratory scale screening and testing, and have successfully developed a stable bio-palm insecticide formulation. Field trials of this newly developed formulation have been carried out at R&D Centre and at an independent research centre owned by one of the leading plantations group in Malaysia to confirm the bio-efficacy of our bio-palm based insecticide formulation on rhinoceros beetles which are a major insect pest in oil palm plantation and its phyto-toxicity on oil palm.