The End of Innosabah means for New Venture

Innosabah is formerly the largest and market monopoly as a House Broking in Sabah Malaysia, it has established quit profile trough years of experience and expertise. The real owner of Innosabah is Kertam Holding Ltd which their business is mainly in plantation, however it went through series of mergers and acquisitions (M&A) and finally became as a standalone stockbroking  company.

The main office is located in Kota Kinabalu, and there are two more branches which are in Inanam and Sandakan. Innosabah offers both Securities and Derivatives products, and they cover both local and foreign markets of shares, futures, and options.

The end for Innosabah for new venture actually started few years back since after the world financial crisis year 2008. The owner of it (Kertam) has put Innosabah for sale  ever since then, so that Kertam can focus solely on Plantation business.

Until recently (Dec'2011) one of the giant top three banking group UOB-Kay Hian from Singapore decided to buy Innosabah. UOB-Kay Hian Holding Ltd proposed RM56.68  Mil to acquire the whole Innosabah. With that purchase Innosabah completely closed its curtain on last May 2012, and opening new curtain as new UOB Kayhian Malaysia.

No more Innosabah, but UOB Kayhian Malaysia is starting its amazing journey. All the product and services of Innosabah is now can be purchase and obtain in UOB Kayhian, plus with more new improvement like online trading and so on..

For more details about the purchase of Innosabah, please refer to the edge news:


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