RedPlanet gets Bursa's nod to list on LEAP Market

TheStar Wed, Feb 12, 2020 11:05am - 4 years View Original


Geographic information system (GIS) solutions provider RedPlanet Bhd executive director Panjetty Kumaradevan Senthil Kumar said the flotation exercise involved the placement of 19.93 million shares or 12.5% of the enlarged share capital at 22 sen per share.

KUALA LUMPUR: Geographic information system (GIS) solutions provider RedPlanet Bhd has received Bursa Malaysia Securities Bhd’s approval to list on the LEAP Market of Bursa Securities.

It said on Wednesday the listing was expected to be in March.

The company’s GIS solutions typically assist its customer in activities such as location search, navigation, logistics routing, customer targeting and asset management.

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