INFOM
ACE
Shariah
MITI
Key figures
- IPO price
- RM 0.40
- Day 1 open
- RM 0.60
- Day 1 close
- RM 0.535
- Current price
- RM 1.39
- Day 1 open %
- +50.0%
- Day 1 close %
- +33.8%
- Since listing
- +247.5%
- Oversubscription
- 21.39x
- Market cap
- RM 240.5 M
- Offer size
- 162.34 M
- Enlarged shares
- 601.25 M
- Float
- 27%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 30.06 M | 18.5% |
| Bumiputera / MITI | 75.16 M | 46.3% |
| Private placement | 51.106 M | 31.5% |
| New shares issued | 81.17 M | 50.0% |
| Offer for sale | 81.17 M | 50.0% |
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 +33.8% sits at P66 of its board · This IPO's since-listing of +247.5% sits at P94 of its board
Peers — ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| KTI | 19 Jun 2024 | RM 0.30 | -5.0% | +41.7% | RM 240.0 M |
| SFPTECH | 20 Jun 2022 | RM 0.30 | +123.3% | +45.0% | RM 240.0 M |
| PMCK | 09 Jul 2025 | RM 0.22 | +4.5% | -15.9% | RM 239.9 M |
| METRO | 15 Nov 2024 | RM 0.25 | +2.0% | -10.0% | RM 244.7 M |
| PMIBHD | 26 Jun 2025 | RM 0.27 | -14.8% | -22.2% | RM 247.3 M |
| DCHCARE | 17 Jul 2023 | RM 0.25 | +80.0% | -52.0% | RM 249.1 M |
| NORTHERN [NS] | 06 Feb 2025 | RM 0.63 | +25.4% | -4.8% | RM 249.2 M |
| ENPRO | 18 Jul 2025 | RM 0.24 | +10.4% | -8.3% | RM 252.0 M |
Audit
No audit published for this IPO.