VTC
ACE
Shariah
Key figures
- IPO price
- RM 0.25
- Day 1 open
- RM 0.50
- Day 1 close
- RM 0.405
- Current price
- RM 0.235
- Day 1 open %
- +100.0%
- Day 1 close %
- +62.0%
- Since listing
- -6.0%
- Oversubscription
- 187.41x
- Market cap
- RM 98.0 M
- Offer size
- 137.2 M
- Enlarged shares
- 392 M
- Float
- 35%
Offer structure
| Tranche | Shares | % of offer |
|---|---|---|
| Malaysian public (balloting) | 19.6 M | 14.3% |
| Private placement | 107.8 M | 78.6% |
| New shares issued | 98 M | 71.4% |
| Offer for sale | 39.2 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 +62.0% sits at P79 of its board · This IPO's since-listing of -6.0% sits at P49 of its board
Peers — ACE
| Symbol | Listed | IPO price | Day 1 close | Since listing | Market cap |
|---|---|---|---|---|---|
| ECA | 23 Nov 2022 | RM 0.17 | +344.1% | +2.9% | RM 98.2 M |
| HKB | 09 Jun 2025 | RM 0.16 | -9.4% | -3.1% | RM 99.2 M |
| ADNEX | 17 Mar 2026 | RM 0.20 | +25.0% | +92.5% | RM 100.0 M |
| TECHSTORE | 18 Feb 2025 | RM 0.20 | +10.0% | +42.5% | RM 100.0 M |
| RAMSSOL | 13 Jul 2021 | RM 0.45 | +13.3% | +122.0% | RM 100.4 M |
| JSSOLAR | 23 Sep 2025 | RM 0.31 | +29.0% | -12.9% | RM 100.8 M |
| SAMAIDEN | 15 Oct 2020 | RM 0.48 | +67.7% | +409.4% | RM 100.8 M |
| TRIMODE | 14 May 2018 | RM 0.61 | -13.9% | -72.1% | RM 101.3 M |
Audit
No audit published for this IPO.