PPJACK [NS]
ACE
MITI
Key figures
- IPO price
- RM 0.30
- Day 1 open
- RM 0.39
- Day 1 close
- RM 0.395
- Current price
- RM 0.91
- Day 1 open %
- +30.0%
- Day 1 close %
- +31.7%
- Since listing
- +203.3%
- Oversubscription
- 21.73x
- Market cap
- RM 200.4 M
- Offer size
- 167 M
- Enlarged shares
- 668 M
- Float
- 25%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 33.4 M | 20.0% |
| Bumiputera / MITI | 83.5 M | 50.0% |
| Private placement | 43.42 M | 26.0% |
| New shares issued | 167 M | 100.0% |
| Offer for sale | 501 M | 300.0% |
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 +31.7% sits at P63 of its board · This IPO's since-listing of +203.3% sits at P93 of its board
Peers — ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| SSF | 12 Oct 2023 | RM 0.25 | +6.0% | +62.0% | RM 200.0 M |
| CLOUDPT | 29 May 2023 | RM 0.38 | +35.5% | +71.0% | RM 202.0 M |
| IAB | 27 Oct 2025 | RM 0.36 | +81.9% | +154.2% | RM 198.0 M |
| SBH | 08 Apr 2024 | RM 0.22 | +15.9% | -13.6% | RM 195.4 M |
| OXB | 29 Jul 2025 | RM 0.29 | +32.8% | +10.3% | RM 205.9 M |
| 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 |
Audit
No audit published for this IPO.