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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.
KUALA LUMPUR: RedPlanet Bhd made a firm debut on the LEAP Market of Bursa Malaysia when it opened at 22 sen or four sen above its offer price of 18 sen.
AS businesses use more data to enhance their positioning in the market, IT services provider RedPlanet Bhd sees vast potential to grow its geographic information system (GIS) offerings to industries that are embracing digitalisation.