KUALA LUMPUR, May 31 (Bernama) -- Radium Development Bhd (Radium), a Kuala Lumpur-centric property developer, made its debut on the Main Market of Bursa Malaysia today, opening at 35 sen per share, a discount of 15 sen from its initial public offering (IPO) price of 50 sen. During its debut session, the company saw 12.03 million of its shares traded. Radium is the fourth Main Market listing this year and its IPO entailed a public issue of 868 million new shares. It aims to raise RM434 million in proceeds.

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