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MESTRON

ACE Shariah

Listed 18 Jun 2019 · Industrial Products & Services · Adviser: M & A Securities Sdn Bhd

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Key figures

IPO price
RM 0.16
Day 1 open
RM 0.20
Day 1 close
RM 0.165
Current price
RM 0.17
Day 1 open %
+25.0%
Day 1 close %
+3.1%
Since listing
+17.2%
Oversubscription
17.53x
Offer size
0 M
Float
0%
RM 0.160IPO priceRM 0.200Day 1 openRM 0.165Day 1 closeRM 0.170Current price

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

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 +3.1% sits at P35 of its board · This IPO's since-listing of +17.2% sits at P62 of its board

Board peers: ACE

SymbolListedIPO priceDay 1 closeSince listingMarket cap
ECOGRP 16 Oct 2026 RM 0.16 -15.6% -15.6% RM 160.0 M
ECOSYS 14 Oct 2026 RM 0.27 +196.3% +190.7% RM 154.3 M
SLG 06 Oct 2026 RM 0.28 -10.7% -10.7% RM 156.8 M
GBBOND 01 Oct 2026 RM 0.25 -18.0% -16.0% RM 103.1 M
EVOCOM 28 Sep 2026 RM 0.18 -27.8% -44.4% RM 82.0 M
PIONEER 17 Sep 2026 RM 0.25 +20.0% +46.0% RM 86.7 M
BFIELD 15 Sep 2026 RM 0.48 -4.2% -11.5% RM 384.0 M
UNIPAC 14 Sep 2026 RM 0.35 -11.4% -32.9% RM 192.5 M

Audit

No audit published for this IPO.