GOLDLI Gold Li Holdings
Key figures
- IPO price
- RM 0.13
- Day 1 open
- RM 0.12
- Day 1 close
- RM 0.105
- Current price
- RM 0.085
- Day 1 open %
- -7.7%
- Day 1 close %
- -19.2%
- Since listing
- -34.6%
- Oversubscription
- 1.19x
- Market cap
- RM 78.0 M
- Offer size
- 153 M
- Enlarged shares
- 600 M
- Float
- 25.5%
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) | 30 M | 19.6% |
| Bumiputera / MITI | 75 M | 49.0% |
| Private placement | 42 M | 27.5% |
| New shares issued | 117 M | 76.5% |
| Offer for sale | 36 M | 23.5% |
Business profile (from the prospectus)
Prospectus excerpt shown in the document's original language.
We are a property developer, specialising in the development of landed residential properties primarily located in the districts of Muar, Tangkak and Batu Pahat in the state of Johor. Our residential property development s primarily comprise terrace, semi -detached and detached houses.
Source: company prospectus, PDF page 141.
Use of proceeds (from the prospectus)
| Item | RM'000 | % |
|---|---|---|
| Working capital for property development | 11,210 | 73.7% |
| Estimated listing expenses | 4,000 | 26.3% |
Source: company prospectus, PDF page 29.
Financials (from the prospectus)
| FY | Revenue (RM'000) | PATAMI (RM'000) | Margin | EPS (sen) |
|---|---|---|---|---|
| FPE2025 | 41,793 | 6,135 | 14.68% | 1.00 |
| FPE2026 | 56,103 | 8,730 | 15.56% | 1.50 |
| FYE2023 | 35,074 | 5,637 | 16.07% | 0.90 |
| FYE2024 | 47,566 | 6,675 | 14.03% | 1.10 |
| FYE2025 | 65,026 | 7,843 | 12.06% | 1.30 |
Latest-FY revenue growth: +36.71%. PE at the IPO price: 10.00. Source: company prospectus (verified excerpts), PDF page 29.
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 -19.2% sits at P4 of its board · This IPO's since-listing of -34.6% sits at P22 of its board
Board peers: ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| OGM | 27 Jan 2026 | RM 0.25 | -20.0% | -42.0% | RM 77.5 M |
| GLXT | 15 Aug 2023 | RM 0.19 | +34.2% | +15.8% | RM 77.3 M |
| ORGABIO | 05 Jul 2022 | RM 0.31 | +9.7% | +0.0% | RM 76.8 M |
| KHB [NS] | 08 Oct 2024 | RM 0.20 | +7.5% | -45.0% | RM 80.5 M |
| ENEST | 15 Jul 2026 | RM 0.13 | -19.2% | -34.6% | RM 75.6 M |
| OPTIMAX | 18 Aug 2020 | RM 0.30 | +126.7% | +280.0% | RM 81.0 M |
| MBN [NS] | 25 Jul 2023 | RM 0.21 | +28.6% | -54.8% | RM 81.1 M |
| ECKEM | 03 Jul 2026 | RM 0.12 | +0.0% | -25.0% | RM 75.0 M |
Audit
No audit published for this IPO.