SUNVIEW
ACE
Shariah
Key figures
- IPO price
- RM 0.29
- Day 1 open
- RM 0.60
- Day 1 close
- RM 0.46
- Current price
- RM 0.38
- Day 1 open %
- +106.9%
- Day 1 close %
- +58.6%
- Since listing
- +31.0%
- Oversubscription
- 63.19x
- Market cap
- RM 135.7 M
- Offer size
- 118 M
- Enlarged shares
- 468 M
- Float
- 25.21%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 23.6 M | 20.0% |
| Private placement | 85.4 M | 72.4% |
| New shares issued | 118 M | 100.0% |
| Offer for sale | 0 M | 0.0% |
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 +58.6% sits at P77 of its board · This IPO's since-listing of +31.0% sits at P64 of its board
Peers — ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| DENGKIL | 25 Mar 2025 | RM 0.25 | -8.0% | -26.0% | RM 135.0 M |
| FIBRO | 08 May 2025 | RM 0.55 | -10.0% | +18.2% | RM 136.6 M |
| WESTRVR | 05 May 2025 | RM 0.39 | -5.1% | -47.4% | RM 139.5 M |
| HPPHB | 20 Jan 2021 | RM 0.36 | +97.2% | -5.6% | RM 139.8 M |
| GOHUB | 03 Jul 2024 | RM 0.35 | +171.4% | +44.3% | RM 140.0 M |
| OHM | 28 May 2025 | RM 0.28 | +1.8% | +16.1% | RM 140.0 M |
| POLYMER | 25 Nov 2025 | RM 0.25 | +0.0% | -26.0% | RM 140.0 M |
| CHB | 18 Dec 2023 | RM 0.35 | +62.9% | +137.1% | RM 130.1 M |
Audit
No audit published for this IPO.