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CENGILD

ACE Shariah

Listed 18 Apr 2022 · Health Care · Kuala Lumpur · Adviser: Hong Leong Investment Bank Berhad

Key figures

IPO price
RM 0.33
Day 1 open
RM 0.495
Day 1 close
RM 0.465
Current price
RM 0.215
Day 1 open %
+50.0%
Day 1 close %
+40.9%
Since listing
-34.8%
Oversubscription
44.53x
Market cap
RM 270.2 M
Offer size
218.8 M
Enlarged shares
818.8 M
Float
26.72%

Offer structure

TrancheShares% of offer
Malaysian public (balloting)40.94 M18.7%
Private placement162.86 M74.4%
New shares issued218.8 M100.0%

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 +40.9% sits at P71 of its board · This IPO's since-listing of -34.8% sits at P22 of its board

Peers — ACE

SymbolListedIPO priceDay 1 closeSince listingMarket cap
SCGBHD 16 Oct 2020 RM 0.34 -2.9% +514.7% RM 272.0 M
EMCC [NS] 26 Sep 2023 RM 0.24 +31.2% +43.8% RM 267.6 M
FOODIE [NS] 28 Nov 2025 RM 0.30 +33.3% +45.0% RM 266.4 M
THMY 23 Oct 2025 RM 0.31 +193.6% +190.3% RM 275.3 M
DSS 06 Jan 2023 RM 0.55 +12.7% -54.5% RM 264.0 M
CARLORINO 18 Dec 2024 RM 0.27 -14.8% -48.1% RM 263.9 M
OGX 12 Mar 2026 RM 0.35 -1.4% +40.0% RM 262.5 M
SET 08 Jan 2025 RM 0.28 +41.1% -26.8% RM 280.2 M

Audit

No audit published for this IPO.