Radium

Radium Development Bhd Reports Strong Q4 Results and Embarks on Strategic Growth Initiatives

In a significant announcement, Radium Development Bhd has reported a commendable profit before tax (PBT) of RM15.77 million for the fourth quarter of the fiscal year ending 2023 (4QFYE2023), alongside a revenue generation of RM28.27 million for the same period. This performance is indicative of the group's financial resilience and adept management in navigating the complexities of project dynamics. The...

R Suites Chancery Residences by Radium, Offering Investment Opportunities in Jalan Ampang, Kuala Lumpur

Radium Development Bhd has introduced its latest property, R Suites Chancery Residences, in Jalan Ampang, Kuala Lumpur. This freehold project spans 2.18 acres and includes 944 residential suites, commercial spaces, exclusive facilities, and a 145-room hotel, managed by a renowned independent KL-based hotel brand. According to Gary Gan Kah Siong, the Managing Director of Radium, the company expects people...

Main Market-bound Radium prices IPO at 50 sen per share, to raise RM434m

Property developer Radium Development Bhd, en route to a Main Market listing on May 31, has set a price of 50 sen per share for its initial public offering (IPO) exercise that will raise RM434 million. The exercise comprises a public issuance of 868 million new shares, or 25% of its enlarged share capital of 3.47 billion shares. Its expected market capitalisation is RM1.73 billion upon...