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KHB [NS]

ACE

Listed 08 Oct 2024 · Ind Prod & Serv · Selangor · Adviser: KAF Investment Bank Berhad

Key figures

IPO price
RM 0.20
Day 1 open
RM 0.29
Day 1 close
RM 0.215
Current price
RM 0.11
Day 1 open %
+45.0%
Day 1 close %
+7.5%
Since listing
-45.0%
Oversubscription
124.13x
Market cap
RM 80.5 M
Offer size
146.87 M
Enlarged shares
402.39 M
Float
36.5%

Offer structure

TrancheShares% of offer
Malaysian public (balloting)20.12 M13.7%
Private placement116.692 M79.5%
New shares issued108.64 M74.0%
Offer for sale38.23 M26.0%

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 +7.5% sits at P39 of its board · This IPO's since-listing of -45.0% sits at P15 of its board

Peers — ACE

SymbolListedIPO priceDay 1 closeSince listingMarket cap
OPTIMAX 18 Aug 2020 RM 0.30 +126.7% +280.0% RM 81.0 M
MBN [NS] 25 Jul 2023 RM 0.21 +28.6% -54.8% RM 81.1 M
TCS 23 Jul 2020 RM 0.23 +95.7% -33.3% RM 82.8 M
GOLDLI 18 May 2026 RM 0.13 -19.2% -15.4% RM 78.0 M
OGM 27 Jan 2026 RM 0.25 -20.0% -46.0% RM 77.5 M
GLXT 15 Aug 2023 RM 0.19 +34.2% +15.8% RM 77.3 M
ACO 18 Mar 2020 RM 0.28 -42.9% -30.4% RM 84.0 M
ORGABIO 05 Jul 2022 RM 0.31 +9.7% +0.0% RM 76.8 M

Audit

No audit published for this IPO.