UMC
ACE
Shariah
Key figures
- IPO price
- RM 0.32
- Day 1 open
- RM 0.50
- Day 1 close
- RM 0.44
- Current price
- RM 0.35
- Day 1 open %
- +56.2%
- Day 1 close %
- +37.5%
- Since listing
- +9.4%
- Oversubscription
- 46.81x
- Market cap
- RM 119.7 M
- Offer size
- 97.22 M
- Enlarged shares
- 373.91 M
- Float
- 26%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 18.7 M | 19.2% |
| Private placement | 65.442 M | 67.3% |
| New shares issued | 97.22 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 +37.5% sits at P69 of its board · This IPO's since-listing of +9.4% sits at P55 of its board
Peers — ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| CORAZA | 20 Jan 2022 | RM 0.28 | +130.4% | +87.5% | RM 119.9 M |
| ICENTS | 17 Jul 2025 | RM 0.24 | +41.7% | +64.6% | RM 120.0 M |
| WTEC | 29 Apr 2025 | RM 0.25 | -6.0% | -36.0% | RM 120.0 M |
| GHS | 22 Jan 2026 | RM 0.25 | -2.0% | -26.0% | RM 118.4 M |
| MSB | 15 Apr 2025 | RM 0.20 | -15.0% | -57.5% | RM 122.0 M |
| TOPMIX | 23 Apr 2024 | RM 0.31 | +35.5% | +48.4% | RM 122.1 M |
| SBS | 20 Jan 2026 | RM 0.25 | -4.0% | -50.0% | RM 122.5 M |
| RL | 15 Jul 2020 | RM 0.41 | +25.6% | -48.1% | RM 116.8 M |
Audit
No audit published for this IPO.