AGX
ACE
Shariah
Key figures
- IPO price
- RM 0.35
- Day 1 open
- RM 0.41
- Day 1 close
- RM 0.36
- Current price
- RM 0.45
- Day 1 open %
- +17.1%
- Day 1 close %
- +2.9%
- Since listing
- +28.6%
- Oversubscription
- 15.43x
- Market cap
- RM 151.5 M
- Offer size
- 126.5 M
- Enlarged shares
- 432.87 M
- Float
- 29.22%
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) | 21.65 M | 17.1% |
| Private placement | 98.53 M | 77.9% |
| New shares issued | 96.5 M | 76.3% |
| Offer for sale | 30 M | 23.7% |
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 +2.9% sits at P35 of its board · This IPO's since-listing of +28.6% sits at P64 of its board
Board peers: ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| MFGROUP | 06 May 2026 | RM 0.38 | -1.3% | -25.0% | RM 152.0 M |
| CLITE | 26 Mar 2025 | RM 0.25 | -8.0% | -4.0% | RM 150.0 M |
| KUCINGKO [NS] | 26 Jul 2024 | RM 0.30 | +90.0% | -70.0% | RM 150.0 M |
| YEWLEE | 07 Jun 2022 | RM 0.28 | +3.6% | +62.0% | RM 149.1 M |
| ECOSYS | 14 Oct 2026 | RM 0.27 | +196.3% | +190.7% | RM 154.3 M |
| SMART | 28 May 2024 | RM 0.40 | +15.0% | -53.8% | RM 147.9 M |
| CRPMATE | 05 Dec 2024 | RM 0.20 | +5.0% | -12.5% | RM 147.6 M |
| SINKUNG | 15 May 2024 | RM 0.13 | +7.7% | -19.2% | RM 156.0 M |
Audit
No audit published for this IPO.