OXB
ACE
Shariah
MITI
Key figures
- IPO price
- RM 0.29
- Day 1 open
- RM 0.36
- Day 1 close
- RM 0.385
- Current price
- RM 0.32
- Day 1 open %
- +24.1%
- Day 1 close %
- +32.8%
- Since listing
- +10.3%
- Oversubscription
- 3.42x
- Market cap
- RM 205.9 M
- Offer size
- 193.46 M
- Enlarged shares
- 710 M
- Float
- 27.25%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 35.5 M | 18.4% |
| Bumiputera / MITI | 88.75 M | 45.9% |
| Private placement | 42.208 M | 21.8% |
| New shares issued | 143.46 M | 74.2% |
| Offer for sale | 50 M | 25.8% |
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 +32.8% sits at P64 of its board · This IPO's since-listing of +10.3% sits at P56 of its board
Peers — ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| PEKAT | 23 Jun 2021 | RM 0.32 | +154.7% | +378.1% | RM 206.4 M |
| TEAMSTR | 25 Feb 2026 | RM 0.26 | -9.6% | -3.9% | RM 208.0 M |
| EPB | 23 Aug 2024 | RM 0.56 | +10.7% | -28.6% | RM 208.3 M |
| CLOUDPT | 29 May 2023 | RM 0.38 | +35.5% | +71.0% | RM 202.0 M |
| A1AKK | 11 Jul 2025 | RM 0.25 | -2.0% | -8.0% | RM 210.0 M |
| SUNLOGY | 20 Feb 2025 | RM 0.30 | +0.0% | -13.3% | RM 210.0 M |
| PPJACK [NS] | 01 Apr 2022 | RM 0.30 | +31.7% | +203.3% | RM 200.4 M |
| SSF | 12 Oct 2023 | RM 0.25 | +6.0% | +62.0% | RM 200.0 M |
Audit
No audit published for this IPO.