LACMED Lac Med
MAIN
Shariah
MITI
Key figures
- IPO price
- RM 0.75
- Day 1 open
- RM 0.75
- Day 1 close
- RM 0.765
- Current price
- RM 0.86
- Day 1 open %
- +0.0%
- Day 1 close %
- +2.0%
- Since listing
- +14.7%
- Oversubscription
- 12.64x
- Market cap
- RM 300.0 M
- Offer size
- 104.2 M
- Enlarged shares
- 400 M
- Float
- 26.05%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 20 M | 19.2% |
| Bumiputera / MITI | 50 M | 48.0% |
| Private placement | 30 M | 28.8% |
| New shares issued | 74.2 M | 71.2% |
| Offer for sale | 30 M | 28.8% |
Board context — MAIN
Across 56 MAIN IPOs in the database: median day-1 close +3.2% (P25 -2.2%, P75 +27.4%), median since-listing -3.3%. 60.7% closed day 1 above their IPO price.
This IPO's day-1 close of +2.0% sits at P45 of its board · This IPO's since-listing of +14.7% sits at P61 of its board
Peers — MAIN
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| HOCKSOON | 13 Feb 2026 | RM 0.60 | -6.7% | -45.8% | RM 300.0 M |
| LWSABAH | 13 Nov 2024 | RM 0.65 | +44.6% | +112.3% | RM 307.6 M |
| YENHER [NS] | 15 Jul 2021 | RM 0.95 | -5.3% | -17.4% | RM 285.0 M |
| KITACON | 17 Jan 2023 | RM 0.68 | +10.3% | +5.9% | RM 340.0 M |
| ADVCON [NS] | 10 Jul 2017 | RM 0.63 | +34.1% | -68.2% | RM 253.3 M |
| GEOHAN | 05 Dec 2025 | RM 0.55 | -1.8% | -10.9% | RM 242.0 M |
| SENFONG | 07 Jul 2022 | RM 0.75 | -10.0% | +23.9% | RM 389.2 M |
| AZAMJAYA [NS] | 11 Nov 2024 | RM 0.78 | +39.7% | +34.6% | RM 390.0 M |
Audit
No audit published for this IPO.