CEKD
ACE
Shariah
MITI
Key figures
- IPO price
- RM 0.48
- Day 1 open
- RM 0.60
- Day 1 close
- RM 0.545
- Current price
- RM 0.31
- Day 1 open %
- +25.0%
- Day 1 close %
- +13.5%
- Since listing
- -35.4%
- Oversubscription
- 131.61x
- Market cap
- RM 93.4 M
- Offer size
- 50.59 M
- Enlarged shares
- 194.57 M
- Float
- 26%
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) | 9.73 M | 19.2% |
| Bumiputera / MITI | 24.32 M | 48.1% |
| Private placement | 6.811 M | 13.5% |
| New shares issued | 50.59 M | 100.0% |
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 +13.5% sits at P50 of its board · This IPO's since-listing of -35.4% sits at P20 of its board
Board peers: ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| OBHB | 29 Oct 2024 | RM 0.24 | +4.2% | -37.5% | RM 94.0 M |
| INSPACE | 08 May 2026 | RM 0.25 | +2.0% | -14.0% | RM 92.3 M |
| MOBILIA | 23 Feb 2021 | RM 0.23 | +141.3% | -26.9% | RM 92.0 M |
| LIFTECH | 30 Jun 2026 | RM 0.29 | -17.2% | -39.7% | RM 91.3 M |
| EFRAME | 27 Oct 2020 | RM 0.28 | +32.1% | +57.8% | RM 91.0 M |
| ASM | 02 Jul 2025 | RM 0.17 | -2.9% | -17.6% | RM 90.9 M |
| SRKKAI | 09 Jul 2026 | RM 0.32 | +90.6% | +37.5% | RM 90.9 M |
| HSSBAKERY | 23 Jun 2026 | RM 0.18 | +0.0% | -27.8% | RM 90.0 M |
Audit
No audit published for this IPO.