INFOTEC
ACE
Shariah
MITI
Key figures
- IPO price
- RM 0.32
- Day 1 open
- RM 0.33
- Day 1 close
- RM 0.305
- Current price
- RM 0.33
- Day 1 open %
- +3.1%
- Day 1 close %
- -4.7%
- Since listing
- +3.1%
- Oversubscription
- 60.90x
- Market cap
- RM 116.2 M
- Offer size
- 96.25 M
- Enlarged shares
- 363.23 M
- Float
- 26.5%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 18.16 M | 18.9% |
| Bumiputera / MITI | 45.4 M | 47.2% |
| Private placement | 24.415 M | 25.4% |
| New shares issued | 74 M | 76.9% |
| Offer for sale | 22.25 M | 23.1% |
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 -4.7% sits at P18 of its board · This IPO's since-listing of +3.1% sits at P53 of its board
Peers — ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| RL | 15 Jul 2020 | RM 0.41 | +25.6% | -48.1% | RM 116.8 M |
| ECOMATE | 08 Nov 2021 | RM 0.33 | +47.0% | +434.4% | RM 115.5 M |
| GHS | 22 Jan 2026 | RM 0.25 | -2.0% | -26.0% | RM 118.4 M |
| UMC | 26 Jul 2022 | RM 0.32 | +37.5% | +9.4% | RM 119.7 M |
| CORAZA | 20 Jan 2022 | RM 0.28 | +130.4% | +87.5% | RM 119.9 M |
| ICENTS | 17 Jul 2025 | RM 0.24 | +41.7% | +64.6% | RM 120.0 M |
| WTEC | 29 Apr 2025 | RM 0.25 | -6.0% | -36.0% | RM 120.0 M |
| FAMIERA | 12 Nov 2025 | RM 0.25 | +2.0% | -10.0% | RM 112.5 M |
Audit
No audit published for this IPO.