Radium thrives on its city niche

Gan: According to a market research by an independent party, 300,000 more houses are needed in KL for it to keep up with regional cities.

WHILE the Malaysian initial public offering (IPO) market has experienced a flurry of new issuances over the last few years, property listings have been on the low given the industry’s soft outlook.

However, Radium Development Bhd, which has received the green light to list on the Main Market of Bursa Malaysia, is bucking this trend. Its promoters reckon that their company would pique investors’ interest due to its unique niche.