MNHLDG
ACE
Shariah
MITI
Key figures
- IPO price
- RM 0.21
- Day 1 open
- RM 0.26
- Day 1 close
- RM 0.235
- Current price
- RM 1.52
- Day 1 open %
- +23.8%
- Day 1 close %
- +11.9%
- Since listing
- +623.8%
- Oversubscription
- 118.48x
- Market cap
- RM 85.8 M
- Offer size
- 122.62 M
- Enlarged shares
- 408.75 M
- Float
- 30%
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) | 20.44 M | 16.7% |
| Bumiputera / MITI | 51.09 M | 41.7% |
| Private placement | 42.918 M | 35.0% |
| New shares issued | 81.75 M | 66.7% |
| Offer for sale | 40.88 M | 33.3% |
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 +11.9% sits at P48 of its board · This IPO's since-listing of +623.8% sits at P99 of its board
Board peers: ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| PIONEER | 17 Sep 2026 | RM 0.25 | +20.0% | +46.0% | RM 86.7 M |
| AGMO | 18 Aug 2022 | RM 0.26 | +201.9% | +36.5% | RM 84.5 M |
| ACO | 18 Mar 2020 | RM 0.28 | -42.9% | -30.4% | RM 84.0 M |
| BUSCAP | 03 Jun 2026 | RM 0.23 | +37.0% | +369.6% | RM 88.2 M |
| TCS | 23 Jul 2020 | RM 0.23 | +95.7% | -33.3% | RM 82.8 M |
| COSMOS [NS] | 06 Oct 2022 | RM 0.35 | +60.0% | -17.1% | RM 89.8 M |
| EVOCOM | 28 Sep 2026 | RM 0.18 | -27.8% | -44.4% | RM 82.0 M |
| HSSBAKERY | 23 Jun 2026 | RM 0.18 | +0.0% | -27.8% | RM 90.0 M |
Audit
No audit published for this IPO.