FOODIE [NS]
ACE
Key figures
- IPO price
- RM 0.30
- Day 1 open
- RM 0.355
- Day 1 close
- RM 0.40
- Current price
- RM 0.435
- Day 1 open %
- +18.3%
- Day 1 close %
- +33.3%
- Since listing
- +45.0%
- Oversubscription
- 24.63x
- Market cap
- RM 266.4 M
- Offer size
- 250 M
- Enlarged shares
- 888 M
- Float
- 28.15%
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) | 44.4 M | 17.8% |
| Private placement | 190.6 M | 76.2% |
| New shares issued | 138 M | 55.2% |
| Offer for sale | 112 M | 44.8% |
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 +33.3% sits at P67 of its board · This IPO's since-listing of +45.0% sits at P71 of its board
Board peers: ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| EMCC [NS] | 26 Sep 2023 | RM 0.24 | +31.2% | +43.8% | RM 267.6 M |
| DSS | 06 Jan 2023 | RM 0.55 | +12.7% | -54.5% | RM 264.0 M |
| CARLORINO | 18 Dec 2024 | RM 0.27 | -14.8% | -48.1% | RM 263.9 M |
| CENGILD | 18 Apr 2022 | RM 0.33 | +40.9% | -34.8% | RM 270.2 M |
| OGX | 12 Mar 2026 | RM 0.35 | -1.4% | +30.0% | RM 262.5 M |
| SCGBHD | 16 Oct 2020 | RM 0.34 | -2.9% | +514.7% | RM 272.0 M |
| THMY | 23 Oct 2025 | RM 0.31 | +193.6% | +190.3% | RM 275.3 M |
| VERDANT | 22 Oct 2025 | RM 0.31 | +19.4% | -16.1% | RM 253.5 M |
Audit
No audit published for this IPO.