TOPMIX
ACE
Shariah
MITI
Key figures
- IPO price
- RM 0.31
- Day 1 open
- RM 0.41
- Day 1 close
- RM 0.42
- Current price
- RM 0.46
- Day 1 open %
- +32.3%
- Day 1 close %
- +35.5%
- Since listing
- +48.4%
- Oversubscription
- 58.61x
- Market cap
- RM 122.1 M
- Offer size
- 102.4 M
- Enlarged shares
- 393.86 M
- Float
- 26%
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) | 19.69 M | 19.2% |
| Bumiputera / MITI | 49.23 M | 48.1% |
| Private placement | 25.6 M | 25.0% |
| New shares issued | 82.71 M | 80.8% |
| Offer for sale | 19.69 M | 19.2% |
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 +35.5% sits at P69 of its board · This IPO's since-listing of +48.4% sits at P72 of its board
Board peers: ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| MSB | 15 Apr 2025 | RM 0.20 | -15.0% | -57.5% | RM 122.0 M |
| SBS | 20 Jan 2026 | RM 0.25 | -4.0% | -54.0% | RM 122.5 M |
| HEGROUP | 30 Jan 2024 | RM 0.28 | +16.1% | +10.7% | RM 123.2 M |
| KEEMING | 12 Feb 2026 | RM 0.38 | +129.0% | +563.2% | RM 123.5 M |
| ELSA | 16 Jun 2026 | RM 0.23 | +19.6% | -8.7% | RM 123.8 M |
| PENTECH | 15 Jun 2026 | RM 0.20 | +30.0% | +70.0% | RM 124.0 M |
| ICENTS | 17 Jul 2025 | RM 0.24 | +41.7% | +64.6% | RM 120.0 M |
| WTEC | 29 Apr 2025 | RM 0.25 | -6.0% | -36.0% | RM 120.0 M |
Audit
No audit published for this IPO.