EIB [NS]
ACE
MITI
Key figures
- IPO price
- RM 0.30
- Day 1 open
- RM 0.275
- Day 1 close
- RM 0.26
- Current price
- RM 0.145
- Day 1 open %
- -8.3%
- Day 1 close %
- -13.3%
- Since listing
- -51.7%
- Oversubscription
- 7.23x
- Market cap
- RM 102.0 M
- Offer size
- 112.17 M
- Enlarged shares
- 340 M
- Float
- 32.99%
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) | 17 M | 15.2% |
| Bumiputera / MITI | 42.5 M | 37.9% |
| Private placement | 45.869 M | 40.9% |
| New shares issued | 82.17 M | 73.3% |
| Offer for sale | 30 M | 26.7% |
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 -13.3% sits at P10 of its board · This IPO's since-listing of -51.7% sits at P10 of its board
Board peers: ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| TOPVISN | 16 Dec 2024 | RM 0.33 | +3.0% | -42.4% | RM 102.2 M |
| RESTNGO | 07 Jul 2026 | RM 0.13 | +0.0% | -23.1% | RM 102.4 M |
| WINSTAR | 19 Dec 2024 | RM 0.35 | +45.7% | +41.4% | RM 101.5 M |
| AGRICOR | 21 Jun 2024 | RM 0.50 | +75.0% | -12.0% | RM 101.4 M |
| KGW | 01 Aug 2023 | RM 0.21 | +9.5% | -14.3% | RM 101.4 M |
| TRIMODE | 14 May 2018 | RM 0.61 | -13.9% | -72.1% | RM 101.3 M |
| PEOPLE | 20 May 2025 | RM 0.25 | +6.0% | -14.0% | RM 102.9 M |
| GBBOND | 01 Oct 2026 | RM 0.25 | -18.0% | -16.0% | RM 103.1 M |
Audit
No audit published for this IPO.