UUE
ACE
Shariah
MITI
Key figures
- IPO price
- RM 0.24
- Day 1 open
- RM 0.66
- Day 1 close
- RM 0.695
- Current price
- RM 0.48
- Day 1 open %
- +175.0%
- Day 1 close %
- +189.6%
- Since listing
- +200.0%
- Oversubscription
- 103.83x
- Market cap
- RM 146.0 M
- Offer size
- 162.37 M
- Enlarged shares
- 608.29 M
- Float
- 26.69%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 30.41 M | 18.7% |
| Bumiputera / MITI | 76.04 M | 46.8% |
| Private placement | 15.322 M | 9.4% |
| New shares issued | 124.9 M | 76.9% |
| Offer for sale | 37.46 M | 23.1% |
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 +189.6% sits at P97 of its board · This IPO's since-listing of +200.0% sits at P93 of its board
Peers — ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| TAGHILL | 28 Feb 2022 | RM 0.30 | +3.3% | -78.2% | RM 146.9 M |
| WEGMANS | 06 Mar 2018 | RM 0.29 | +1.7% | -59.6% | RM 145.0 M |
| CRPMATE | 05 Dec 2024 | RM 0.20 | +5.0% | -12.5% | RM 147.6 M |
| SMART | 28 May 2024 | RM 0.40 | +15.0% | -53.8% | RM 147.9 M |
| DAY3 | 26 Jul 2023 | RM 0.30 | +108.3% | -43.3% | RM 144.0 M |
| YEWLEE | 07 Jun 2022 | RM 0.28 | +3.6% | +62.0% | RM 149.1 M |
| CLITE | 26 Mar 2025 | RM 0.25 | -8.0% | -4.0% | RM 150.0 M |
| KUCINGKO [NS] | 26 Jul 2024 | RM 0.30 | +90.0% | -70.0% | RM 150.0 M |
Audit
No audit published for this IPO.