← Tracker

GOHUB

ACE Shariah

Listed 03 Jul 2024 · Technology · Selangor · Adviser: UOB Kay Hian Securities (M) Sdn Bhd

Key figures

IPO price
RM 0.35
Day 1 open
RM 0.80
Day 1 close
RM 0.95
Current price
RM 0.505
Day 1 open %
+128.6%
Day 1 close %
+171.4%
Since listing
+44.3%
Oversubscription
78.71x
Market cap
RM 140.0 M
Offer size
107.18 M
Enlarged shares
400 M
Float
26.8%

Offer structure

TrancheShares% of offer
Malaysian public (balloting)20 M18.7%
Private placement75.18 M70.1%
New shares issued107.18 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 +171.4% sits at P96 of its board · This IPO's since-listing of +44.3% sits at P69 of its board

Peers — ACE

SymbolListedIPO priceDay 1 closeSince listingMarket cap
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
HPPHB 20 Jan 2021 RM 0.36 +97.2% -5.6% RM 139.8 M
WESTRVR 05 May 2025 RM 0.39 -5.1% -47.4% RM 139.5 M
FIBRO 08 May 2025 RM 0.55 -10.0% +18.2% RM 136.6 M
DAY3 26 Jul 2023 RM 0.30 +108.3% -43.3% RM 144.0 M
SUNVIEW 17 Oct 2022 RM 0.29 +58.6% +31.0% RM 135.7 M
WEGMANS 06 Mar 2018 RM 0.29 +1.7% -59.6% RM 145.0 M

Audit

No audit published for this IPO.