SDCG
ACE
Shariah
Key figures
- IPO price
- RM 0.38
- Day 1 open
- RM 0.50
- Day 1 close
- RM 0.505
- Current price
- RM 0.575
- Day 1 open %
- +31.6%
- Day 1 close %
- +32.9%
- Since listing
- +51.3%
- Oversubscription
- 144.08x
- Market cap
- RM 161.1 M
- Offer size
- 118.67 M
- Enlarged shares
- 423.82 M
- Float
- 28%
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) | 21.19 M | 17.9% |
| Private placement | 76.286 M | 64.3% |
| New shares issued | 118.67 M | 100.0% |
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 +32.9% sits at P66 of its board · This IPO's since-listing of +51.3% sits at P74 of its board
Board peers: ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| ECOGRP | 16 Oct 2026 | RM 0.16 | -15.6% | -15.6% | RM 160.0 M |
| TTVHB | 18 Jan 2023 | RM 0.34 | +276.5% | -38.2% | RM 159.1 M |
| ICTZONE | 03 Jun 2025 | RM 0.20 | +0.0% | -20.0% | RM 159.1 M |
| KHJB [NS] | 08 Jul 2019 | RM 0.43 | -18.6% | -69.8% | RM 163.4 M |
| WELLS | 16 Jan 2023 | RM 0.23 | +87.0% | +191.3% | RM 163.8 M |
| KENERGY | 29 May 2024 | RM 0.30 | +55.0% | +116.7% | RM 165.0 M |
| SLG | 06 Oct 2026 | RM 0.28 | -10.7% | -10.7% | RM 156.8 M |
| SINKUNG | 15 May 2024 | RM 0.13 | +7.7% | -19.2% | RM 156.0 M |
Audit
No audit published for this IPO.