KENERGY
ACE
Shariah
MITI
Key figures
- IPO price
- RM 0.30
- Day 1 open
- RM 0.45
- Day 1 close
- RM 0.465
- Current price
- RM 0.65
- Day 1 open %
- +50.0%
- Day 1 close %
- +55.0%
- Since listing
- +116.7%
- Oversubscription
- 94.99x
- Market cap
- RM 165.0 M
- Offer size
- 144.5 M
- Enlarged shares
- 550 M
- Float
- 26.27%
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) | 27.5 M | 19.0% |
| Bumiputera / MITI | 68.75 M | 47.6% |
| Private placement | 29 M | 20.1% |
| New shares issued | 110 M | 76.1% |
| Offer for sale | 34.5 M | 23.9% |
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 +55.0% sits at P78 of its board · This IPO's since-listing of +116.7% sits at P84 of its board
Board peers: ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| WELLS | 16 Jan 2023 | RM 0.23 | +87.0% | +191.3% | RM 163.8 M |
| KHJB [NS] | 08 Jul 2019 | RM 0.43 | -18.6% | -69.8% | RM 163.4 M |
| L&PBHD | 03 Jan 2023 | RM 0.30 | +81.7% | -66.7% | RM 168.0 M |
| SDCG | 19 Sep 2024 | RM 0.38 | +32.9% | +51.3% | RM 161.1 M |
| TSA | 02 Feb 2024 | RM 0.55 | +4.5% | +30.9% | RM 170.1 M |
| ECOGRP | 16 Oct 2026 | RM 0.16 | -15.6% | -15.6% | RM 160.0 M |
| PSP | 04 Dec 2025 | RM 0.16 | -9.4% | -9.4% | RM 171.0 M |
| TTVHB | 18 Jan 2023 | RM 0.34 | +276.5% | -38.2% | RM 159.1 M |
Audit
No audit published for this IPO.