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AMEREIT

MAIN Shariah MITI

Listed 20 Sep 2022 · REIT · Johor · Adviser: Hong Leong Investment Bank Berhad

Key figures

IPO price
RM 1.13
Day 1 open
RM 1.13
Day 1 close
RM 1.16
Current price
RM 1.63
Day 1 open %
+0.0%
Day 1 close %
+2.6%
Since listing
+44.2%
Oversubscription
2.46x
Market cap
RM 587.6 M
Offer size
98.19 M
Enlarged shares
520 M
Float
18.88%

Offer structure

TrancheShares% of offer
Malaysian public (balloting)10.4 M10.6%
Bumiputera / MITI65 M66.2%
Private placement14.991 M15.3%
New shares issued0 M0.0%
Offer for sale254.8 M259.5%

Board context — MAIN

Across 56 MAIN IPOs in the database: median day-1 close +3.2% (P25 -2.2%, P75 +27.4%), median since-listing -3.3%. 60.7% closed day 1 above their IPO price.

This IPO's day-1 close of +2.6% sits at P50 of its board · This IPO's since-listing of +44.2% sits at P77 of its board

Peers — MAIN

SymbolListedIPO priceDay 1 closeSince listingMarket cap
PGLOBAL 03 Mar 2025 RM 0.68 -15.4% -34.6% RM 578.0 M
MEGAFB [NS] 11 Nov 2024 RM 0.67 -2.2% +18.7% RM 566.1 M
HI 28 Mar 2025 RM 1.22 +9.0% +101.6% RM 610.0 M
AME 14 Oct 2019 RM 1.30 +19.2% +79.2% RM 555.2 M
MKHOP 30 Apr 2024 RM 0.62 -0.8% -0.8% RM 634.6 M
REACHTEN 02 May 2025 RM 0.52 +3.9% -5.8% RM 520.0 M
MSTGOLF 20 Jul 2023 RM 0.81 -3.7% -75.3% RM 664.9 M
FEYTECH 21 May 2024 RM 0.80 +37.5% -61.9% RM 674.6 M

Audit

No audit published for this IPO.