ICTZONE
ACE
Shariah
MITI
Key figures
- IPO price
- RM 0.20
- Day 1 open
- RM 0.20
- Day 1 close
- RM 0.20
- Current price
- RM 0.16
- Day 1 open %
- +0.0%
- Day 1 close %
- +0.0%
- Since listing
- -20.0%
- Oversubscription
- 2.89x
- Market cap
- RM 159.1 M
- Offer size
- 154 M
- Enlarged shares
- 795.45 M
- Float
- 19.36%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 39.77 M | 25.8% |
| Bumiputera / MITI | 99.43 M | 64.6% |
| Private placement | 10.6591 M | 6.9% |
| New shares issued | 133 M | 86.4% |
| Offer for sale | 21 M | 13.6% |
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 +0.0% sits at P26 of its board · This IPO's since-listing of -20.0% sits at P32 of its board
Peers — ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| TTVHB | 18 Jan 2023 | RM 0.34 | +276.5% | -38.2% | RM 159.1 M |
| SDCG | 19 Sep 2024 | RM 0.38 | +32.9% | +51.3% | RM 161.1 M |
| SINKUNG | 15 May 2024 | RM 0.13 | +7.7% | -19.2% | RM 156.0 M |
| KHJB [NS] | 08 Jul 2019 | RM 0.43 | -18.6% | -69.8% | RM 163.4 M |
| WELLS | 16 Jan 2023 | RM 0.23 | +87.0% | +191.3% | RM 163.8 M |
| KENERGY | 29 May 2024 | RM 0.30 | +55.0% | +116.7% | RM 165.0 M |
| MFGROUP | 06 May 2026 | RM 0.38 | -1.3% | -27.6% | RM 152.0 M |
| AGX | 07 Feb 2024 | RM 0.35 | +2.9% | +28.6% | RM 151.5 M |
Audit
No audit published for this IPO.