Listing Detail:
Listing Sought: LEAP Market
Issue Price: RM 0.35

Dates:
Allotment of Shares: 6 November 2017
Listing date: 8 November 2017

Number of shares:
Units: 100,003,340
 

Stock Code: REDIDEA

Company Overview

Red Ideas Holdings Berhad, an investment holding company, develops and sells software products and solutions to residential or commercial communities in Malaysia. The company offers Graaab Platform, a mobile application based community solutions platform that facilitates communication between stakeholders in residential or commercial communities; Graaab JaGaApp, a mobile application that provides the interface between users and its Graaab Platform; and Graaab ProApp that allows its customers to manage tasks, schedules, and workflow for office staff, security personnel, external service providers, and contractors. Red Ideas Holdings Berhad was founded in 2013 and is headquartered in Petaling Jaya, Malaysia.

Address:
Unit 206, Block F, Pusat Dagangan Phileo Damansara 1, Jalan 16/11,
Seksyen 16, 46350 Petaling Jaya, Selangor, Malaysia

Email: ir@graaab.com
Phone: (+60)3 7931 9911
Fax: (+60)3 7931 9955
Website: http://www.redideasholdings.com/

LEAP Market

The LEAP market is an alternative platform for small and medium enterprises (SMEs) to raise capital in an efficient, fast, and transparent marketplace for their business growth.

Additionally, the LEAP market gives them the visibility of being a listed entity and assists these companies in their transformation to better governance and operational standards.

Trading on the LEAP market is limited to sophisticated investors, who are categorised as accredited investors, high net worth entities with total net assets exceeding RM10mil, or high net worth individuals whose net personal assets exceeds RM3mil or gross annual income exceeding RM300,000.