DAY3
ACE
Shariah
Key figures
- IPO price
- RM 0.30
- Day 1 open
- RM 0.65
- Day 1 close
- RM 0.625
- Current price
- RM 0.17
- Day 1 open %
- +116.7%
- Day 1 close %
- +108.3%
- Since listing
- -43.3%
- Oversubscription
- 129.20x
- Market cap
- RM 144.0 M
- Offer size
- 110.4 M
- Enlarged shares
- 480 M
- Float
- 23%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 24 M | 21.7% |
| Private placement | 74.4 M | 67.4% |
| New shares issued | 110.4 M | 100.0% |
| Offer for sale | 12 M | 10.9% |
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 +108.3% sits at P89 of its board · This IPO's since-listing of -43.3% sits at P16 of its board
Peers — ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| WEGMANS | 06 Mar 2018 | RM 0.29 | +1.7% | -59.6% | RM 145.0 M |
| UUE | 02 Jul 2024 | RM 0.24 | +189.6% | +200.0% | RM 146.0 M |
| TAGHILL | 28 Feb 2022 | RM 0.30 | +3.3% | -78.2% | RM 146.9 M |
| CRPMATE | 05 Dec 2024 | RM 0.20 | +5.0% | -12.5% | RM 147.6 M |
| SMART | 28 May 2024 | RM 0.40 | +15.0% | -53.8% | RM 147.9 M |
| GOHUB | 03 Jul 2024 | RM 0.35 | +171.4% | +44.3% | RM 140.0 M |
| OHM | 28 May 2025 | RM 0.28 | +1.8% | +16.1% | RM 140.0 M |
| POLYMER | 25 Nov 2025 | RM 0.25 | +0.0% | -26.0% | RM 140.0 M |
Audit
No audit published for this IPO.