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SLG SLGC Berhad

ACE Shariah MITI

Listed 06 Oct 2026 · Adviser: M & A Securities Sdn Bhd

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Key figures

IPO price
RM 0.28
Day 1 open
RM 0.28
Day 1 close
RM 0.25
Current price
RM 0.25
Day 1 open %
+0.0%
Day 1 close %
-10.7%
Since listing
-10.7%
Oversubscription
3.06x
Market cap
RM 156.8 M
RM 0.280IPO priceRM 0.280Day 1 openRM 0.250Day 1 closeRM 0.250Current price

Four recorded prices. Spacing between points is not a time scale; the dashed line is the IPO price.

Offer structure

TrancheShares%
Eligible Directors and employees2 M0.36%
Private placement to Bumiputera investors approved by MITI70 M12.5%

Source: company prospectus, PDF page 31.

Business profile (from the prospectus)

Prospectus excerpt shown in the document's original language.

We are principally an investment holding company. Through our subsidiary, SLG Construction, we are principally involved in the provision of building construction services including external and ancillary works.

Source: company prospectus, PDF page 109.

Financials (from the prospectus)

FYRevenue (RM'000)PATAMI (RM'000)MarginEPS (sen)
FYE 31 Disember 2025 (audit)324,00413,9854.32%

Source: company prospectus, checked by the AQSB audit system (FYE 31 Disember 2025 (audit)).

Use of proceeds (from the prospectus)

ItemRM'000%
Pembelian jentera dan peralatan pembinaan9,24331.4%
Pembayaran balik pinjaman bank7,55725.7%
Modal kerja am7,50025.5%
Perbelanjaan penyenaraian4,60015.6%
Naik taraf perisian pengurusan pembinaan5001.7%
Total29,400

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 -10.7% sits at P12 of its board · This IPO's since-listing of -10.7% sits at P46 of its board

Board peers: ACE

SymbolListedIPO priceDay 1 closeSince listingMarket cap
SINKUNG 15 May 2024 RM 0.13 +7.7% -19.2% RM 156.0 M
ICTZONE 03 Jun 2025 RM 0.20 +0.0% -20.0% RM 159.1 M
TTVHB 18 Jan 2023 RM 0.34 +276.5% -38.2% RM 159.1 M
ECOSYS 14 Oct 2026 RM 0.27 +196.3% +190.7% RM 154.3 M
ECOGRP 16 Oct 2026 RM 0.16 -15.6% -15.6% RM 160.0 M
SDCG 19 Sep 2024 RM 0.38 +32.9% +51.3% RM 161.1 M
MFGROUP 06 May 2026 RM 0.38 -1.3% -25.0% RM 152.0 M
AGX 07 Feb 2024 RM 0.35 +2.9% +28.6% RM 151.5 M

Audit

This IPO was audited by the AQSB audit system · 21 Sep 2026: issuance figures were checked with a deterministic calculation engine, and prospectus claims were marked with their verification status. The audit working notes are not published here. Not investment advice.

Audit stage: RETAIL · data as of 2026-09-21. This audit is from a pre-listing stage; figures are subject to change as the IPO advances.

Public sources from the audit trail