AGMO
ACE
Shariah
Key figures
- IPO price
- RM 0.26
- Day 1 open
- RM 0.775
- Day 1 close
- RM 0.785
- Current price
- RM 0.355
- Day 1 open %
- +198.1%
- Day 1 close %
- +201.9%
- Since listing
- +36.5%
- Oversubscription
- 120.15x
- Market cap
- RM 84.5 M
- Offer size
- 85 M
- Enlarged shares
- 325 M
- Float
- 26.15%
Four recorded prices. Spacing between points is not a time scale; the dashed line is the IPO price.
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 16.25 M | 19.1% |
| Private placement | 62.25 M | 73.2% |
| New shares issued | 85 M | 100.0% |
| Offer for sale | 0 M | 0.0% |
Board context: ACE
Across 217 ACE IPOs in the database: median day-1 close +13.5% (P25 +0.0%, P75 +45.7%), median since-listing -8.0%. 71.0% closed day 1 above their IPO price.
This IPO's day-1 close of +201.9% sits at P98 of its board · This IPO's since-listing of +36.5% sits at P66 of its board
Board peers: ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| ACO | 18 Mar 2020 | RM 0.28 | -42.9% | -30.4% | RM 84.0 M |
| MNHLDG | 28 Apr 2022 | RM 0.21 | +11.9% | +623.8% | RM 85.8 M |
| TCS | 23 Jul 2020 | RM 0.23 | +95.7% | -33.3% | RM 82.8 M |
| PIONEER | 17 Sep 2026 | RM 0.25 | +20.0% | +46.0% | RM 86.7 M |
| EVOCOM | 28 Sep 2026 | RM 0.18 | -27.8% | -44.4% | RM 82.0 M |
| MBN [NS] | 25 Jul 2023 | RM 0.21 | +28.6% | -54.8% | RM 81.1 M |
| OPTIMAX | 18 Aug 2020 | RM 0.30 | +126.7% | +280.0% | RM 81.0 M |
| BUSCAP | 03 Jun 2026 | RM 0.23 | +37.0% | +369.6% | RM 88.2 M |
Audit
No audit published for this IPO.