BMS BMS Holdings
ACE
Shariah
MITI
Key figures
- IPO price
- RM 0.22
- Day 1 open
- RM 0.195
- Day 1 close
- RM 0.175
- Current price
- RM 0.20
- Day 1 open %
- -11.4%
- Day 1 close %
- -20.4%
- Since listing
- -9.1%
- Oversubscription
- 2.40x
- Market cap
- RM 338.8 M
- Offer size
- 520 M
- Enlarged shares
- 1540 M
- Float
- 33.77%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 77 M | 14.8% |
| Bumiputera / MITI | 192.5 M | 37.0% |
| Private placement | 188.9 M | 36.3% |
| New shares issued | 364 M | 70.0% |
| Offer for sale | 156 M | 30.0% |
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 -20.4% sits at P2 of its board · This IPO's since-listing of -9.1% sits at P46 of its board
Peers — ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| LEFORM | 30 Nov 2022 | RM 0.23 | -19.6% | -26.1% | RM 340.6 M |
| EIPOWER | 21 May 2026 | RM 0.48 | +14.6% | +45.8% | RM 336.0 M |
| SUMI | 09 Apr 2025 | RM 0.24 | -25.0% | -62.5% | RM 346.5 M |
| ISF | 28 Jan 2026 | RM 0.33 | +45.5% | +72.7% | RM 330.0 M |
| SORENTO | 28 Oct 2024 | RM 0.37 | +1.4% | +12.2% | RM 318.2 M |
| VLB | 31 Jan 2023 | RM 0.33 | +18.2% | +36.4% | RM 311.6 M |
| NE | 15 Oct 2024 | RM 0.50 | +1.0% | +50.0% | RM 370.0 M |
| PMW | 18 Nov 2025 | RM 0.34 | +1.5% | -10.3% | RM 303.3 M |
Audit
No audit published for this IPO.