PSP
ACE
Shariah
MITI
Key figures
- IPO price
- RM 0.16
- Day 1 open
- RM 0.16
- Day 1 close
- RM 0.145
- Current price
- RM 0.145
- Day 1 open %
- +0.0%
- Day 1 close %
- -9.4%
- Since listing
- -9.4%
- Oversubscription
- 5.87x
- Market cap
- RM 171.0 M
- Offer size
- 288.62 M
- Enlarged shares
- 1068.8 M
- Float
- 27%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 53.44 M | 18.5% |
| Bumiputera / MITI | 133.64 M | 46.3% |
| Private placement | 53.44 M | 18.5% |
| New shares issued | 213.8 M | 74.1% |
| Offer for sale | 74.82 M | 25.9% |
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 -9.4% sits at P12 of its board · This IPO's since-listing of -9.4% sits at P45 of its board
Peers — ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| TSA | 02 Feb 2024 | RM 0.55 | +4.5% | +30.9% | RM 170.1 M |
| L&PBHD | 03 Jan 2023 | RM 0.30 | +81.7% | -66.7% | RM 168.0 M |
| KENERGY | 29 May 2024 | RM 0.30 | +55.0% | +116.7% | RM 165.0 M |
| AMS | 23 Apr 2026 | RM 0.29 | +5.2% | +56.9% | RM 177.5 M |
| ANEKA | 20 Oct 2020 | RM 0.33 | -12.1% | -60.6% | RM 177.6 M |
| WELLS | 16 Jan 2023 | RM 0.23 | +87.0% | +191.3% | RM 163.8 M |
| KHJB [NS] | 08 Jul 2019 | RM 0.43 | -18.6% | -69.8% | RM 163.4 M |
| NESTCON | 29 Jun 2021 | RM 0.28 | +14.3% | +12.5% | RM 180.3 M |
Audit
No audit published for this IPO.