CHB
ACE
Shariah
MITI
Key figures
- IPO price
- RM 0.35
- Day 1 open
- RM 0.50
- Day 1 close
- RM 0.57
- Current price
- RM 0.83
- Day 1 open %
- +42.9%
- Day 1 close %
- +62.9%
- Since listing
- +137.1%
- Oversubscription
- 88.08x
- Market cap
- RM 130.1 M
- Offer size
- 111.52 M
- Enlarged shares
- 371.74 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) | 18.59 M | 16.7% |
| Bumiputera / MITI | 46.47 M | 41.7% |
| Private placement | 42.7501 M | 38.3% |
| New shares issued | 74.35 M | 66.7% |
| Offer for sale | 37.17 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 +62.9% sits at P81 of its board · This IPO's since-listing of +137.1% sits at P87 of its board
Board peers: ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| EDELTEQ | 07 Jun 2023 | RM 0.24 | +204.2% | +68.8% | RM 127.8 M |
| AMBEST | 06 Feb 2026 | RM 0.25 | +38.0% | +190.0% | RM 127.5 M |
| SUM | 18 Jun 2026 | RM 0.28 | +87.5% | +171.4% | RM 126.0 M |
| DENGKIL | 25 Mar 2025 | RM 0.25 | -8.0% | -26.0% | RM 135.0 M |
| MMCS | 11 Jun 2026 | RM 0.22 | +2.3% | +54.5% | RM 124.7 M |
| SUNVIEW | 17 Oct 2022 | RM 0.29 | +58.6% | +31.0% | RM 135.7 M |
| PENTECH | 15 Jun 2026 | RM 0.20 | +30.0% | +70.0% | RM 124.0 M |
| FIBRO | 08 May 2025 | RM 0.55 | -10.0% | +18.2% | RM 136.6 M |
Audit
No audit published for this IPO.