REDPLANET BERHAD

REDPLANET BERHAD

MMYX:RPLANET
0.26
MYR
-0.01
(-3.70%)
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Capital Structure

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Working Capital

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Growth Rates

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Semi-annual Revenue

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Semi-annual Earnings Per Share

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Semi-annual Dividends Per Share

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Company Description

CEO
Panjetty Kumaradevan Kumar
Sector
Technology services
Industry
Packaged software
Address
Kuala Lumpur Malaysia
IPO Date
Oct 22, 2026
Business
RedPlanet Bhd is a Malaysia-based enterprise information and communication technology (ICT) and Geographic Information System (GIS) solutions provider that specializes in spatial data infrastructure, software engineering, and intelligent railway safety systems. Founded in 2014 and headquartered in Kuala Lumpur, Malaysia, the company delivers end-to-end geospatial intelligence, system integration, and critical infrastructure technology to government agencies, public utilities, commercial enterprises, and transport operators across Malaysia, Australia, India, Brunei, the Philippines, and the wider Asia-Pacific region. The company operates across core business segments encompassing Geographic Information Systems (GIS), ICT Consultancy, and Intelligent Transportation Systems. Its primary products and services comprise: enterprise GIS software development and integration, including customized web, mobile, and cloud-based spatial applications; geospatial data acquisition and surveying services, utilizing unmanned aerial vehicles (UAV)/drone mapping, Light Detection and Ranging (LiDAR), and high-resolution mobile mapping systems; spatial data processing, conversion, 3D modeling, and spatial database management; network planning, outage management, and asset infrastructure tracking solutions tailored for telecommunications, electrical power, water, and gas utilities; spatial business intelligence, customer location analytics, and automated logistics routing engines; and specialized railway safety and monitoring systems delivered through its wholly-owned subsidiary, AZTI Technology Sdn Bhd, which designs, manufactures, integrates, and maintains proprietary Platform Intrusion Emergency Stop (PIES) safety systems and trackside intrusion detection solutions for mass rapid transit networks. In recent developments, RedPlanet Bhd has advanced its corporate transition from the LEAP Market to the ACE Market of Bursa Malaysia, entering into an underwriting agreement with UOB Kay Hian (M) Sdn Bhd to facilitate an initial public offering (IPO) comprising 70 million new ordinary shares and an offer for sale of 10 million existing shares to fund project execution, procurement, and regional commercial expansion. The company has also broadened its operational footprint in the rail transit sector through ongoing rollouts of its proprietary PIES safety infrastructure across critical metropolitan lines, including Malaysia's Light Rail Transit 3 (LRT3) and Kelana Jaya Line, while expanding its regional technical partnerships and cloud-native spatial analytics offerings across Southeast Asia, India, and Australasia.