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RedPlanet's IPO public portion oversubscribed 85.28 times

The Malaysian public portion of RedPlanet Bhd's initial public offering (IPO) has been oversubscribed by 85.28 times, with 7,031 applications for 1.77 billion shares worth approximately RM336.72 million received.

The Star MalaysiaThe Star查看原文 ↗
RedPlanet的IPO公开发行部分超额认购85.28倍。

KUALA LUMPUR: The Malaysian public portion of RedPlanet Bhd’s initial public offering (IPO) has been oversubscribed by 85.28 times, with 7,031 applications for 1.77 billion shares worth approximately RM336.72 million received.

The enterprise information and communications technology (ICT) solutions provider specialising in geospatial and intelligent rail solutions is set to transfer its listing from the LEAP Market to the ACE Market of Bursa Malaysia on Oct 22, 2026.

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