FIBRO
ACE
Shariah
MITI
Key figures
- IPO price
- RM 0.55
- Day 1 open
- RM 0.46
- Day 1 close
- RM 0.495
- Current price
- RM 0.65
- Day 1 open %
- -16.4%
- Day 1 close %
- -10.0%
- Since listing
- +18.2%
- Oversubscription
- 1.02x
- Market cap
- RM 136.6 M
- Offer size
- 57.1 M
- Enlarged shares
- 248.28 M
- Float
- 23%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 12.41 M | 21.7% |
| Bumiputera / MITI | 31.03 M | 54.3% |
| Private placement | 7.448 M | 13.0% |
| New shares issued | 32.28 M | 56.5% |
| Offer for sale | 24.83 M | 43.5% |
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 -10.0% sits at P10 of its board · This IPO's since-listing of +18.2% sits at P61 of its board
Peers — ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| SUNVIEW | 17 Oct 2022 | RM 0.29 | +58.6% | +31.0% | RM 135.7 M |
| DENGKIL | 25 Mar 2025 | RM 0.25 | -8.0% | -26.0% | RM 135.0 M |
| WESTRVR | 05 May 2025 | RM 0.39 | -5.1% | -47.4% | RM 139.5 M |
| HPPHB | 20 Jan 2021 | RM 0.36 | +97.2% | -5.6% | RM 139.8 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 |
| CHB | 18 Dec 2023 | RM 0.35 | +62.9% | +137.1% | RM 130.1 M |
Audit
No audit published for this IPO.