TTVHB
ACE
Shariah
Key figures
- IPO price
- RM 0.34
- Day 1 open
- RM 1.49
- Day 1 close
- RM 1.28
- Current price
- RM 0.21
- Day 1 open %
- +338.2%
- Day 1 close %
- +276.5%
- Since listing
- -38.2%
- Oversubscription
- 89.15x
- Market cap
- RM 159.1 M
- Offer size
- 95 M
- Enlarged shares
- 468 M
- Float
- 20.3%
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) | 23.4 M | 24.6% |
| Private placement | 53.5 M | 56.3% |
| New shares issued | 84.5 M | 88.9% |
| Offer for sale | 10.5 M | 11.1% |
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 +276.5% sits at P99 of its board · This IPO's since-listing of -38.2% sits at P18 of its board
Board peers: ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| ICTZONE | 03 Jun 2025 | RM 0.20 | +0.0% | -20.0% | RM 159.1 M |
| ECOGRP | 16 Oct 2026 | RM 0.16 | -15.6% | -15.6% | RM 160.0 M |
| SDCG | 19 Sep 2024 | RM 0.38 | +32.9% | +51.3% | RM 161.1 M |
| SLG | 06 Oct 2026 | RM 0.28 | -10.7% | -10.7% | RM 156.8 M |
| SINKUNG | 15 May 2024 | RM 0.13 | +7.7% | -19.2% | RM 156.0 M |
| KHJB [NS] | 08 Jul 2019 | RM 0.43 | -18.6% | -69.8% | RM 163.4 M |
| WELLS | 16 Jan 2023 | RM 0.23 | +87.0% | +191.3% | RM 163.8 M |
| ECOSYS | 14 Oct 2026 | RM 0.27 | +196.3% | +190.7% | RM 154.3 M |
Audit
No audit published for this IPO.