PMCK
ACE
Shariah
MITI
Key figures
- IPO price
- RM 0.22
- Day 1 open
- RM 0.225
- Day 1 close
- RM 0.23
- Current price
- RM 0.185
- Day 1 open %
- +2.3%
- Day 1 close %
- +4.5%
- Since listing
- -15.9%
- Oversubscription
- 1.87x
- Market cap
- RM 239.9 M
- Offer size
- 305.32 M
- Enlarged shares
- 1090.6 M
- Float
- 28%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 54.53 M | 17.9% |
| Bumiputera / MITI | 136.32 M | 44.6% |
| Private placement | 70.839 M | 23.2% |
| New shares issued | 272.6 M | 89.3% |
| Offer for sale | 32.72 M | 10.7% |
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 +4.5% sits at P35 of its board · This IPO's since-listing of -15.9% sits at P36 of its board
Peers — ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| KTI | 19 Jun 2024 | RM 0.30 | -5.0% | +41.7% | RM 240.0 M |
| SFPTECH | 20 Jun 2022 | RM 0.30 | +123.3% | +45.0% | RM 240.0 M |
| INFOM | 25 Nov 2022 | RM 0.40 | +33.8% | +247.5% | RM 240.5 M |
| METRO | 15 Nov 2024 | RM 0.25 | +2.0% | -10.0% | RM 244.7 M |
| PMIBHD | 26 Jun 2025 | RM 0.27 | -14.8% | -22.2% | RM 247.3 M |
| DCHCARE | 17 Jul 2023 | RM 0.25 | +80.0% | -52.0% | RM 249.1 M |
| NORTHERN [NS] | 06 Feb 2025 | RM 0.63 | +25.4% | -4.8% | RM 249.2 M |
| ENPRO | 18 Jul 2025 | RM 0.24 | +10.4% | -8.3% | RM 252.0 M |
Audit
No audit published for this IPO.