HAILY
ACE
Shariah
Key figures
- IPO price
- RM 0.68
- Day 1 open
- RM 0.79
- Day 1 close
- RM 0.74
- Current price
- RM 0.22
- Day 1 open %
- +16.2%
- Day 1 close %
- +8.8%
- Since listing
- -27.9%
- Oversubscription
- 26.69x
- Market cap
- RM 42.1 M
- Offer size
- 48 M
- Enlarged shares
- 61.93 M
- Float
- 77.51%
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) | 8.92 M | 18.6% |
| Private placement | 29.08 M | 60.6% |
| New shares issued | 30 M | 62.5% |
| Offer for sale | 18 M | 37.5% |
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 +8.8% sits at P44 of its board · This IPO's since-listing of -27.9% sits at P27 of its board
Board peers: ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| RTECH | 17 Feb 2025 | RM 0.25 | +28.0% | -16.0% | RM 50.6 M |
| FLEXI | 30 Mar 2021 | RM 0.20 | +115.0% | -35.0% | RM 56.8 M |
| VOLCANO | 06 Apr 2021 | RM 0.35 | +38.6% | +21.4% | RM 57.8 M |
| OFB | 04 Jul 2024 | RM 0.28 | +175.0% | -28.6% | RM 58.8 M |
| RT | 29 Jun 2026 | RM 0.18 | -11.1% | -30.6% | RM 61.0 M |
| CAMAROE [NS] | 02 Oct 2025 | RM 0.14 | +7.1% | -14.3% | RM 69.3 M |
| ZANTAT | 27 Mar 2024 | RM 0.25 | +50.0% | -10.0% | RM 70.0 M |
| VANZO | 17 Dec 2024 | RM 0.15 | +10.0% | -6.7% | RM 70.0 M |
Audit
No audit published for this IPO.