Open for applicationACE Market· 0479· Shariah-compliant

Redplanet IPO

Technology, Digital Services. Offered at RM0.19 a share, listing on 22 Oct 2026.

Offer price

RM0.19

Shares offered

80.0m

RM15m at offer

Market cap at listing

RM74m

Offer period

28 Sept 2026 to 8 Oct 2026

Listing date

22 Oct 2026

Principal adviser

UOB Kay Hian (M) Sdn Bhd

Timeline

Offer opens
28 Sept 2026
Offer closes
8 Oct 2026
Balloting
To be announced
Listing
22 Oct 2026

About Redplanet

RedPlanet is a technology company with three main businesses: building customised mapping and location-data systems for large organisations (mainly a Malaysian electricity utility that has been their anchor customer since 2016), installing a patented rail-platform safety sensor system called PIES that alerts train…

First-day forecast

CISCOM's forecast for Redplanet is available to Pro members.

Every IPO gets a projected first-day range and a probability of opening above the offer price, built from the most similar past listings on Bursa Malaysia. Across 246 IPOs in the walk-forward back-test, the model called the first-day direction right 74% of the time. Educational estimates, not investment advice.

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Facts on this page come from Bursa Malaysia announcements, the prospectus and issuing-house press releases, and can change. CISCOM is an educational service and does not provide investment advice. Past performance does not guarantee future results. Consult a licensed adviser before investing.