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.
The company’s GIS solutions assist customers in activities such as location search, navigation, logistics routing, customer targeting and asset management.
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