EMCC [NS]
ACE
MITI
Key figures
- IPO price
- RM 0.24
- Day 1 open
- RM 0.32
- Day 1 close
- RM 0.315
- Current price
- RM 0.345
- Day 1 open %
- +33.3%
- Day 1 close %
- +31.2%
- Since listing
- +43.8%
- Oversubscription
- 53.06x
- Market cap
- RM 267.6 M
- Offer size
- 310.6 M
- Enlarged shares
- 1114.9 M
- Float
- 27.86%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 55.7 M | 17.9% |
| Bumiputera / MITI | 139.4 M | 44.9% |
| Private placement | 87.6 M | 28.2% |
| New shares issued | 310.6 M | 100.0% |
| Offer for sale | 43 M | 13.8% |
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 +31.2% sits at P63 of its board · This IPO's since-listing of +43.8% sits at P69 of its board
Peers — ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| FOODIE [NS] | 28 Nov 2025 | RM 0.30 | +33.3% | +45.0% | RM 266.4 M |
| CENGILD | 18 Apr 2022 | RM 0.33 | +40.9% | -34.8% | RM 270.2 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 |
| SCGBHD | 16 Oct 2020 | RM 0.34 | -2.9% | +514.7% | RM 272.0 M |
| OGX | 12 Mar 2026 | RM 0.35 | -1.4% | +40.0% | RM 262.5 M |
| THMY | 23 Oct 2025 | RM 0.31 | +193.6% | +190.3% | RM 275.3 M |
| SET | 08 Jan 2025 | RM 0.28 | +41.1% | -26.8% | RM 280.2 M |
Audit
No audit published for this IPO.