CLITE
ACE
Shariah
MITI
Key figures
- IPO price
- RM 0.25
- Day 1 open
- RM 0.23
- Day 1 close
- RM 0.23
- Current price
- RM 0.24
- Day 1 open %
- -8.0%
- Day 1 close %
- -8.0%
- Since listing
- -4.0%
- Oversubscription
- 28.41x
- Market cap
- RM 150.0 M
- Offer size
- 180 M
- Enlarged shares
- 600 M
- Float
- 30%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 30 M | 16.7% |
| Bumiputera / MITI | 75 M | 41.7% |
| Private placement | 54 M | 30.0% |
| New shares issued | 120 M | 66.7% |
| Offer for sale | 60 M | 33.3% |
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 -8.0% sits at P13 of its board · This IPO's since-listing of -4.0% sits at P50 of its board
Peers — ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| KUCINGKO [NS] | 26 Jul 2024 | RM 0.30 | +90.0% | -70.0% | RM 150.0 M |
| YEWLEE | 07 Jun 2022 | RM 0.28 | +3.6% | +62.0% | RM 149.1 M |
| AGX | 07 Feb 2024 | RM 0.35 | +2.9% | +28.6% | RM 151.5 M |
| MFGROUP | 06 May 2026 | RM 0.38 | -1.3% | -27.6% | RM 152.0 M |
| SMART | 28 May 2024 | RM 0.40 | +15.0% | -53.8% | RM 147.9 M |
| CRPMATE | 05 Dec 2024 | RM 0.20 | +5.0% | -12.5% | RM 147.6 M |
| TAGHILL | 28 Feb 2022 | RM 0.30 | +3.3% | -78.2% | RM 146.9 M |
| UUE | 02 Jul 2024 | RM 0.24 | +189.6% | +200.0% | RM 146.0 M |
Audit
No audit published for this IPO.