PETALING JAYA: LEAP Market’s newest addition Red Ideas Holdings Bhd, a developer of the private community platform Graaab JagaApp, will use RM4.15mil or 59.3% of its listing proceeds to finance the company’s day-to-day operations.
Red Ideas raised RM7mil through a private placement of 20 million shares at an issue price of 35 sen per share to selected investors.
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