OFB
ACE
Shariah
Key figures
- IPO price
- RM 0.28
- Day 1 open
- RM 0.85
- Day 1 close
- RM 0.77
- Current price
- RM 0.20
- Day 1 open %
- +203.6%
- Day 1 close %
- +175.0%
- Since listing
- -28.6%
- Oversubscription
- 76.22x
- Market cap
- RM 58.8 M
- Offer size
- 50.05 M
- Enlarged shares
- 210.15 M
- Float
- 23.82%
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) | 10.51 M | 21.0% |
| Private placement | 37.83 M | 75.6% |
| New shares issued | 50.05 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 +175.0% sits at P96 of its board · This IPO's since-listing of -28.6% sits at P26 of its board
Board peers: ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| VOLCANO | 06 Apr 2021 | RM 0.35 | +38.6% | +21.4% | RM 57.8 M |
| FLEXI | 30 Mar 2021 | RM 0.20 | +115.0% | -35.0% | RM 56.8 M |
| RT | 29 Jun 2026 | RM 0.18 | -11.1% | -30.6% | RM 61.0 M |
| RTECH | 17 Feb 2025 | RM 0.25 | +28.0% | -16.0% | RM 50.6 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 |
| SCB | 13 Aug 2024 | RM 0.27 | +33.3% | -50.0% | RM 71.8 M |
Audit
No audit published for this IPO.