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DCHCARE

ACE Shariah

Listed 17 Jul 2023 · Health Care · Kuala Lumpur · Adviser: M & A Securities Sdn Bhd

Key figures

IPO price
RM 0.25
Day 1 open
RM 0.40
Day 1 close
RM 0.45
Current price
RM 0.12
Day 1 open %
+60.0%
Day 1 close %
+80.0%
Since listing
-52.0%
Oversubscription
59.46x
Market cap
RM 249.1 M
Offer size
298.89 M
Enlarged shares
996.3 M
Float
30%

Offer structure

TrancheShares% of offer
Malaysian public (balloting)49.81 M16.7%
Private placement219.186 M73.3%
New shares issued199.26 M66.7%
Offer for sale99.63 M33.3%

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 +80.0% sits at P83 of its board · This IPO's since-listing of -52.0% sits at P10 of its board

Peers — ACE

SymbolListedIPO priceDay 1 closeSince listingMarket cap
NORTHERN [NS] 06 Feb 2025 RM 0.63 +25.4% -4.8% RM 249.2 M
PMIBHD 26 Jun 2025 RM 0.27 -14.8% -22.2% RM 247.3 M
ENPRO 18 Jul 2025 RM 0.24 +10.4% -8.3% RM 252.0 M
VERDANT 22 Oct 2025 RM 0.31 +19.4% -16.1% RM 253.5 M
METRO 15 Nov 2024 RM 0.25 +2.0% -10.0% RM 244.7 M
INFOM 25 Nov 2022 RM 0.40 +33.8% +247.5% RM 240.5 M
KTI 19 Jun 2024 RM 0.30 -5.0% +41.7% RM 240.0 M
SFPTECH 20 Jun 2022 RM 0.30 +123.3% +45.0% RM 240.0 M

Audit

No audit published for this IPO.