RedPlanet debuts on LEAP market at 22 sen | Malay Mail

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KUALA LUMPUR, Aug 4 — Geographic Information System (GIS) solutions provider, RedPlanet Bhd has made a debut on Bursa Malaysia’s LEAP Market at 22 sen, a premium of four sen from its offer price of 18 sen per share. At the opening bell, the company, which was earlier scheduled to debut in March...

At the opening bell, the company, which was earlier scheduled to debut in March this year, saw 10,000 unit shares changing hands. — Bernama pic

Its chairman Lian Wah Seng said the group is satisfied with the price and is looking forward to boosting it’s earning in the financial year 2021 on the back of strong order book. The company according to him sees the potential of expansion in Australia where the application of GIS is growing and has identified the utilities, infrastructure and agriculture industry verticals as well as industries for its entry in the country.

 

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