HPPHB
ACE
Shariah
MITI
Key figures
- IPO price
- RM 0.36
- Day 1 open
- RM 0.57
- Day 1 close
- RM 0.71
- Current price
- RM 0.34
- Day 1 open %
- +58.3%
- Day 1 close %
- +97.2%
- Since listing
- -5.6%
- Oversubscription
- 33.44x
- Market cap
- RM 139.8 M
- Offer size
- 108.67 M
- Enlarged shares
- 388.43 M
- Float
- 27.98%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 19.42 M | 17.9% |
| Bumiputera / MITI | 39.42 M | 36.3% |
| Private placement | 19.825 M | 18.2% |
| New shares issued | 88.67 M | 81.6% |
| Offer for sale | 20 M | 18.4% |
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 +97.2% sits at P87 of its board · This IPO's since-listing of -5.6% sits at P49 of its board
Peers — ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| 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 |
| 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 |
| DENGKIL | 25 Mar 2025 | RM 0.25 | -8.0% | -26.0% | RM 135.0 M |
Audit
No audit published for this IPO.