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YEWLEE

ACE Shariah MITI

Listed 07 Jun 2022 · Ind Prod & Serv · Perak · Adviser: M & A Securities Sdn Bhd

Key figures

IPO price
RM 0.28
Day 1 open
RM 0.285
Day 1 close
RM 0.29
Current price
RM 0.405
Day 1 open %
+1.8%
Day 1 close %
+3.6%
Since listing
+62.0%
Oversubscription
26.86x
Market cap
RM 149.1 M
Offer size
159.73 M
Enlarged shares
532.43 M
Float
30%

Offer structure

TrancheShares% of offer
Malaysian public (balloting)26.62 M16.7%
Bumiputera / MITI66.55 M41.7%
Private placement50.5814 M31.7%
New shares issued133.11 M83.3%
Offer for sale26.62 M16.7%

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 +3.6% sits at P34 of its board · This IPO's since-listing of +62.0% sits at P77 of its board

Peers — ACE

SymbolListedIPO priceDay 1 closeSince listingMarket cap
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
SMART 28 May 2024 RM 0.40 +15.0% -53.8% RM 147.9 M
CRPMATE 05 Dec 2024 RM 0.20 +5.0% -12.5% RM 147.6 M
TAGHILL 28 Feb 2022 RM 0.30 +3.3% -78.2% RM 146.9 M
AGX 07 Feb 2024 RM 0.35 +2.9% +28.6% RM 151.5 M
MFGROUP 06 May 2026 RM 0.38 -1.3% -27.6% RM 152.0 M
UUE 02 Jul 2024 RM 0.24 +189.6% +200.0% RM 146.0 M

Audit

No audit published for this IPO.