CBHB
ACE
Shariah
MITI
Key figures
- IPO price
- RM 0.28
- Day 1 open
- RM 0.33
- Day 1 close
- RM 0.335
- Current price
- RM 0.42
- Day 1 open %
- +17.9%
- Day 1 close %
- +19.6%
- Since listing
- +50.0%
- Oversubscription
- 34.21x
- Market cap
- RM 526.6 M
- Offer size
- 486.09 M
- Enlarged shares
- 1880.9 M
- Float
- 25.84%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 94.05 M | 19.3% |
| Bumiputera / MITI | 235.11 M | 48.4% |
| Private placement | 128.518 M | 26.4% |
| New shares issued | 298 M | 61.3% |
| Offer for sale | 188.09 M | 38.7% |
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 +19.6% sits at P55 of its board · This IPO's since-listing of +50.0% sits at P74 of its board
Peers — ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| UNITRAD [NS] | 14 Jun 2022 | RM 0.32 | -6.2% | -25.0% | RM 500.0 M |
| AQUAWALK | 19 Nov 2025 | RM 0.31 | +22.6% | +12.9% | RM 571.3 M |
| ELRIDGE | 22 Aug 2024 | RM 0.29 | +37.9% | +244.8% | RM 580.0 M |
| GDGROUP | 16 Apr 2026 | RM 0.45 | -11.1% | -11.1% | RM 450.0 M |
| SAG | 05 Jun 2025 | RM 0.62 | +12.9% | +32.3% | RM 620.0 M |
| SNS | 02 Sep 2022 | RM 0.25 | +6.0% | +102.0% | RM 403.2 M |
| OPPSTAR | 15 Mar 2023 | RM 0.63 | +285.7% | -42.1% | RM 400.8 M |
| MTEC | 29 Jan 2024 | RM 0.39 | -7.7% | +169.2% | RM 397.8 M |
Audit
No audit published for this IPO.