EPB
ACE
Shariah
MITI
Key figures
- IPO price
- RM 0.56
- Day 1 open
- RM 0.65
- Day 1 close
- RM 0.62
- Current price
- RM 0.40
- Day 1 open %
- +16.1%
- Day 1 close %
- +10.7%
- Since listing
- -28.6%
- Oversubscription
- 61.08x
- Market cap
- RM 208.3 M
- Offer size
- 111.57 M
- Enlarged shares
- 372 M
- Float
- 29.99%
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) | 19.57 M | 17.5% |
| Bumiputera / MITI | 46.5 M | 41.7% |
| Private placement | 24.304 M | 21.8% |
| New shares issued | 71.57 M | 64.1% |
| Offer for sale | 40 M | 35.9% |
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 +10.7% sits at P47 of its board · This IPO's since-listing of -28.6% sits at P26 of its board
Board peers: ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| TEAMSTR | 25 Feb 2026 | RM 0.26 | -9.6% | -13.5% | RM 208.0 M |
| A1AKK | 11 Jul 2025 | RM 0.25 | -2.0% | -8.0% | RM 210.0 M |
| SUNLOGY | 20 Feb 2025 | RM 0.30 | +0.0% | -13.3% | RM 210.0 M |
| PEKAT | 23 Jun 2021 | RM 0.32 | +154.7% | +378.1% | RM 206.4 M |
| OXB | 29 Jul 2025 | RM 0.29 | +32.8% | +10.3% | RM 205.9 M |
| PLYTEC | 15 Nov 2023 | RM 0.35 | -7.1% | -58.6% | RM 212.1 M |
| CLOUDPT | 29 May 2023 | RM 0.38 | +35.5% | +71.0% | RM 202.0 M |
| SYNERGY | 01 Jun 2023 | RM 0.43 | -18.6% | -27.9% | RM 215.0 M |
Audit
No audit published for this IPO.