A1AKK
ACE
Shariah
MITI
Key figures
- IPO price
- RM 0.25
- Day 1 open
- RM 0.25
- Day 1 close
- RM 0.245
- Current price
- RM 0.23
- Day 1 open %
- +0.0%
- Day 1 close %
- -2.0%
- Since listing
- -8.0%
- Oversubscription
- 0.11x
- Market cap
- RM 210.0 M
- Offer size
- 218.4 M
- Enlarged shares
- 840 M
- Float
- 26%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 42 M | 19.2% |
| Bumiputera / MITI | 105 M | 48.1% |
| Private placement | 63 M | 28.8% |
| New shares issued | 109.2 M | 50.0% |
| Offer for sale | 109.2 M | 50.0% |
Board context — ACE
Across 204 ACE IPOs in the database: median day-1 close +14.7% (P25 +0.0%, P75 +48.0%), median since-listing -4.3%. 74.0% closed day 1 above their IPO price.
This IPO's day-1 close of -2.0% sits at P21 of its board · This IPO's since-listing of -8.0% sits at P47 of its board
Peers — ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| SUNLOGY | 20 Feb 2025 | RM 0.30 | +0.0% | -13.3% | RM 210.0 M |
| EPB | 23 Aug 2024 | RM 0.56 | +10.7% | -28.6% | RM 208.3 M |
| TEAMSTR | 25 Feb 2026 | RM 0.26 | -9.6% | -3.9% | RM 208.0 M |
| PLYTEC | 15 Nov 2023 | RM 0.35 | -7.1% | -58.6% | RM 212.1 M |
| PEKAT | 23 Jun 2021 | RM 0.32 | +154.7% | +378.1% | RM 206.4 M |
| OXB | 29 Jul 2025 | RM 0.29 | +32.8% | +10.3% | RM 205.9 M |
| SYNERGY | 01 Jun 2023 | RM 0.43 | -18.6% | -27.9% | RM 215.0 M |
| COLFORM | 10 Feb 2025 | RM 0.36 | +8.3% | -18.1% | RM 216.0 M |
Audit
No audit published for this IPO.