RedPlanet fetches 77.8% premium at close in debut on LEAP Market

From left: RedPlanet Bhd assistant finance manager Ng Chen Wei, project director Catherine Lee, Steve & Co executive chairman Datuk Steve Wan, RedPlanet executive director Mohamad Azhar Ahmad, independent director Phong Hon Wai, M&A Securities Sdn Bhd corporate finance head Gary Ting, corporate finance MD Datuk Bill Tan and RedPlanet chairman Lian Wah Seng at RedPlanet’s LEAP market debut.

Moving forward, the group expects to further expand its presence by securing GIS contracts in Australia and the Asean region. Under the listing exercise, the group raised RM3.59 million from the placement of 19.93 million shares.

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