KHJB [NS]
ACE
MITI
Key figures
- IPO price
- RM 0.43
- Day 1 open
- RM 0.39
- Day 1 close
- RM 0.35
- Current price
- RM 0.13
- Day 1 open %
- -9.3%
- Day 1 close %
- -18.6%
- Since listing
- -69.8%
- Oversubscription
- 7.67x
- Market cap
- RM 163.4 M
- Offer size
- 133 M
- Enlarged shares
- 380 M
- Float
- 35%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 19 M | 14.3% |
| Bumiputera / MITI | 38 M | 28.6% |
| Private placement | 66 M | 49.6% |
| New shares issued | 76 M | 57.1% |
| Offer for sale | 57 M | 42.9% |
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 -18.6% sits at P4 of its board · This IPO's since-listing of -69.8% sits at P4 of its board
Peers — ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| 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 |
| SDCG | 19 Sep 2024 | RM 0.38 | +32.9% | +51.3% | RM 161.1 M |
| TTVHB | 18 Jan 2023 | RM 0.34 | +276.5% | -38.2% | RM 159.1 M |
| ICTZONE | 03 Jun 2025 | RM 0.20 | +0.0% | -20.0% | RM 159.1 M |
| L&PBHD | 03 Jan 2023 | RM 0.30 | +81.7% | -66.7% | RM 168.0 M |
| TSA | 02 Feb 2024 | RM 0.55 | +4.5% | +30.9% | RM 170.1 M |
| PSP | 04 Dec 2025 | RM 0.16 | -9.4% | -9.4% | RM 171.0 M |
Audit
No audit published for this IPO.