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COSMOS [NS]

ACE MITI

Listed 06 Oct 2022 · Ind Prod & Serv · Selangor · Adviser: Mercury Securities Sdn Bhd

Key figures

IPO price
RM 0.35
Day 1 open
RM 0.51
Day 1 close
RM 0.56
Current price
RM 0.29
Day 1 open %
+45.7%
Day 1 close %
+60.0%
Since listing
-17.1%
Oversubscription
58.01x
Market cap
RM 89.8 M
Offer size
64.12 M
Enlarged shares
256.5 M
Float
25%

Offer structure

TrancheShares% of offer
Malaysian public (balloting)12.82 M20.0%
Bumiputera / MITI32.06 M50.0%
Private placement11.357 M17.7%
New shares issued64.13 M100.0%
Offer for sale0 M0.0%

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 +60.0% sits at P78 of its board · This IPO's since-listing of -17.1% sits at P34 of its board

Peers — ACE

SymbolListedIPO priceDay 1 closeSince listingMarket cap
MINOX 17 Oct 2023 RM 0.25 +48.0% -28.6% RM 90.0 M
SEMICO 13 Jan 2026 RM 0.25 +50.0% +126.0% RM 90.0 M
ASM 02 Jul 2025 RM 0.17 -2.9% -17.6% RM 90.9 M
EFRAME 27 Oct 2020 RM 0.28 +32.1% +57.8% RM 91.0 M
MOBILIA 23 Feb 2021 RM 0.23 +141.3% -26.9% RM 92.0 M
INSPACE 08 May 2026 RM 0.25 +2.0% -8.0% RM 92.3 M
CEKD 29 Sep 2021 RM 0.48 +13.5% -35.4% RM 93.4 M
MNHLDG 28 Apr 2022 RM 0.21 +11.9% +623.8% RM 85.8 M

Audit

No audit published for this IPO.