RADIUM

0.500

(%)

OTHERS RADIUM DEVELOPMENT BERHAD ("RADIUM" OR "THE COMPANY") EXTENSION OF TIMEFRAME FOR THE UTILISATION OF PROCEEDS RAISED FROM THE PUBLIC ISSUE UNDER THE INITIAL PUBLIC OFFERING ("IPO")

RADIUM DEVELOPMENT BERHAD

Type Announcement
Subject OTHERS
Description 
RADIUM DEVELOPMENT BERHAD ("RADIUM" OR "THE COMPANY")

EXTENSION OF TIMEFRAME FOR THE UTILISATION OF PROCEEDS RAISED FROM THE PUBLIC ISSUE UNDER THE INITIAL PUBLIC OFFERING ("IPO")

The Company was listed on the Main Market of Bursa Malaysia Securities Berhad on 31 May 2023 ("Listing Date"). Pursuant to the IPO, the Company has raised total gross proceeds of RM434.00 million ("IPO Proceeds").

 

The Board of Directors of the Company ("Board") wishes to announce that it has deliberated and resolved to extend the timeframe for the utilisation of the IPO Proceeds for another twenty-four (24) months from 31 May 2026 to 31 May 2028 ("the Extension").

 

Please refer to the attached document for further details.

 

This announcement is dated 29 May 2026.


Please refer attachment below.

Attachments

RDB Extension of time on IPO utilisation.pdf
219.2 kB


Announcement Info

Company Name RADIUM DEVELOPMENT BERHAD
Stock Name RADIUM
Date Announced 29 May 2026
Category General Announcement for PLC
Reference Number GA1-21052026-00017


View original announcement