JSSOLAR
ACE
Shariah
Key figures
- IPO price
- RM 0.31
- Day 1 open
- RM 0.40
- Day 1 close
- RM 0.40
- Current price
- RM 0.27
- Day 1 open %
- +29.0%
- Day 1 close %
- +29.0%
- Since listing
- -12.9%
- Oversubscription
- 48.32x
- Market cap
- RM 100.8 M
- Offer size
- 97.5 M
- Enlarged shares
- 325 M
- Float
- 30%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 16.25 M | 16.7% |
| Private placement | 61.75 M | 63.3% |
| New shares issued | 78 M | 80.0% |
| Offer for sale | 19.5 M | 20.0% |
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 +29.0% sits at P62 of its board · This IPO's since-listing of -12.9% sits at P41 of its board
Peers — ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| SAMAIDEN | 15 Oct 2020 | RM 0.48 | +67.7% | +409.4% | RM 100.8 M |
| RAMSSOL | 13 Jul 2021 | RM 0.45 | +13.3% | +122.0% | RM 100.4 M |
| TRIMODE | 14 May 2018 | RM 0.61 | -13.9% | -72.1% | RM 101.3 M |
| KGW | 01 Aug 2023 | RM 0.21 | +9.5% | -14.3% | RM 101.4 M |
| AGRICOR | 21 Jun 2024 | RM 0.50 | +75.0% | -12.0% | RM 101.4 M |
| WINSTAR | 19 Dec 2024 | RM 0.35 | +45.7% | +41.4% | RM 101.5 M |
| ADNEX | 17 Mar 2026 | RM 0.20 | +25.0% | +92.5% | RM 100.0 M |
| TECHSTORE | 18 Feb 2025 | RM 0.20 | +10.0% | +42.5% | RM 100.0 M |
Audit
No audit published for this IPO.