AMBEST Ambest Group
ACE
Shariah
MITI
Key figures
- IPO price
- RM 0.25
- Day 1 close
- RM 0.345
- Current price
- RM 0.725
- Day 1 close %
- +38.0%
- Since listing
- +190.0%
- Oversubscription
- 46.07x
- Market cap
- RM 127.5 M
- Offer size
- 150.95 M
- Enlarged shares
- 510 M
- Float
- 29.6%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 25.5 M | 16.9% |
| Bumiputera / MITI | 63.75 M | 42.2% |
| Private placement | 48.953 M | 32.4% |
| New shares issued | 110 M | 72.9% |
| Offer for sale | 40.95 M | 27.1% |
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 +38.0% sits at P70 of its board · This IPO's since-listing of +190.0% sits at P91 of its board
Peers — ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| EDELTEQ | 07 Jun 2023 | RM 0.24 | +204.2% | +68.8% | RM 127.8 M |
| CHB | 18 Dec 2023 | RM 0.35 | +62.9% | +137.1% | RM 130.1 M |
| KEEMING | 12 Feb 2026 | RM 0.38 | +129.0% | +386.8% | RM 123.5 M |
| HEGROUP | 30 Jan 2024 | RM 0.28 | +16.1% | +10.7% | RM 123.2 M |
| SBS | 20 Jan 2026 | RM 0.25 | -4.0% | -50.0% | RM 122.5 M |
| TOPMIX | 23 Apr 2024 | RM 0.31 | +35.5% | +48.4% | RM 122.1 M |
| MSB | 15 Apr 2025 | RM 0.20 | -15.0% | -57.5% | RM 122.0 M |
| DENGKIL | 25 Mar 2025 | RM 0.25 | -8.0% | -26.0% | RM 135.0 M |
Audit
No audit published for this IPO.