TOPVISN
ACE
Shariah
Key figures
- IPO price
- RM 0.33
- Day 1 open
- RM 0.39
- Day 1 close
- RM 0.34
- Current price
- RM 0.19
- Day 1 open %
- +18.2%
- Day 1 close %
- +3.0%
- Since listing
- -42.4%
- Oversubscription
- 58.69x
- Market cap
- RM 102.2 M
- Offer size
- 54.22 M
- Enlarged shares
- 309.82 M
- Float
- 17.5%
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) | 15.49 M | 28.6% |
| Private placement | 33.928 M | 62.6% |
| New shares issued | 54.22 M | 100.0% |
| Offer for sale | 0 M | 0.0% |
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 +3.0% sits at P35 of its board · This IPO's since-listing of -42.4% sits at P15 of its board
Board peers: ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| RESTNGO | 07 Jul 2026 | RM 0.13 | +0.0% | -23.1% | RM 102.4 M |
| EIB [NS] | 18 Jul 2022 | RM 0.30 | -13.3% | -51.7% | RM 102.0 M |
| PEOPLE | 20 May 2025 | RM 0.25 | +6.0% | -14.0% | RM 102.9 M |
| WINSTAR | 19 Dec 2024 | RM 0.35 | +45.7% | +41.4% | RM 101.5 M |
| GBBOND | 01 Oct 2026 | RM 0.25 | -18.0% | -16.0% | RM 103.1 M |
| AGRICOR | 21 Jun 2024 | RM 0.50 | +75.0% | -12.0% | RM 101.4 M |
| KGW | 01 Aug 2023 | RM 0.21 | +9.5% | -14.3% | RM 101.4 M |
| TRIMODE | 14 May 2018 | RM 0.61 | -13.9% | -72.1% | RM 101.3 M |
Audit
No audit published for this IPO.