UNITRAD [NS]
ACE
MITI
Key figures
- IPO price
- RM 0.32
- Day 1 open
- RM 0.265
- Day 1 close
- RM 0.30
- Current price
- RM 0.24
- Day 1 open %
- -17.2%
- Day 1 close %
- -6.2%
- Since listing
- -25.0%
- Oversubscription
- 2.35x
- Market cap
- RM 500.0 M
- Offer size
- 437.5 M
- Enlarged shares
- 1562.5 M
- Float
- 28%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 78.12 M | 17.9% |
| Bumiputera / MITI | 195.31 M | 44.6% |
| Private placement | 100.562 M | 23.0% |
| New shares issued | 312.5 M | 71.4% |
| Offer for sale | 125 M | 28.6% |
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 -6.2% sits at P15 of its board · This IPO's since-listing of -25.0% sits at P30 of its board
Peers — ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| CBHB | 16 Jan 2025 | RM 0.28 | +19.6% | +50.0% | RM 526.6 M |
| GDGROUP | 16 Apr 2026 | RM 0.45 | -11.1% | -11.1% | RM 450.0 M |
| AQUAWALK | 19 Nov 2025 | RM 0.31 | +22.6% | +12.9% | RM 571.3 M |
| ELRIDGE | 22 Aug 2024 | RM 0.29 | +37.9% | +244.8% | RM 580.0 M |
| SAG | 05 Jun 2025 | RM 0.62 | +12.9% | +32.3% | RM 620.0 M |
| SNS | 02 Sep 2022 | RM 0.25 | +6.0% | +102.0% | RM 403.2 M |
| OPPSTAR | 15 Mar 2023 | RM 0.63 | +285.7% | -42.1% | RM 400.8 M |
| MTEC | 29 Jan 2024 | RM 0.39 | -7.7% | +169.2% | RM 397.8 M |
Audit
No audit published for this IPO.