MBN [NS]
ACE
Key figures
- IPO price
- RM 0.21
- Day 1 open
- RM 0.28
- Day 1 close
- RM 0.27
- Current price
- RM 0.095
- Day 1 open %
- +33.3%
- Day 1 close %
- +28.6%
- Since listing
- -54.8%
- Oversubscription
- 30.77x
- Market cap
- RM 81.1 M
- Offer size
- 98 M
- Enlarged shares
- 386 M
- Float
- 25.39%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 19.3 M | 19.7% |
| Private placement | 60.022 M | 61.2% |
| New shares issued | 98 M | 100.0% |
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 +28.6% sits at P61 of its board · This IPO's since-listing of -54.8% sits at P8 of its board
Peers — ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| OPTIMAX | 18 Aug 2020 | RM 0.30 | +126.7% | +280.0% | RM 81.0 M |
| KHB [NS] | 08 Oct 2024 | RM 0.20 | +7.5% | -45.0% | RM 80.5 M |
| TCS | 23 Jul 2020 | RM 0.23 | +95.7% | -33.3% | RM 82.8 M |
| ACO | 18 Mar 2020 | RM 0.28 | -42.9% | -30.4% | RM 84.0 M |
| GOLDLI | 18 May 2026 | RM 0.13 | -19.2% | -15.4% | RM 78.0 M |
| AGMO | 18 Aug 2022 | RM 0.26 | +201.9% | +36.5% | RM 84.5 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 |
Audit
No audit published for this IPO.