Stellar debut for technology firm RedPlanet


RedPlanet Bhd executive director Mohamad Azhar Ahmad (left) and chairman Lian Wah Seng, at the listing ceremony of RedPlanet at Bursa Malaysia. The Star/Low Lay Phon.

KUALA LUMPUR: Technology company RedPlanet Bhd made a strong debut on the LEAP Market on Monday, closing 78% higher at 32 sen compared to its initial public offering (IPO) price of 18 sen, with some 1.2 million shares being traded.

RedPlanet is a Geographic Information System (GIS) or Geospatial solutions provider.

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