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YXPM

ACE Shariah MITI

Listed 23 Jun 2022 · Cons Prod & Serv · Kuala Lumpur · Adviser: Public Investment Bank Berhad

Key figures

IPO price
RM 0.28
Day 1 open
RM 0.28
Day 1 close
RM 0.27
Current price
RM 0.215
Day 1 open %
+0.0%
Day 1 close %
-3.6%
Since listing
-23.2%
Oversubscription
26.36x
Market cap
RM 104.2 M
Offer size
111.65 M
Enlarged shares
372.15 M
Float
30%

Offer structure

TrancheShares% of offer
Malaysian public (balloting)18.61 M16.7%
Bumiputera / MITI46.52 M41.7%
Private placement35.359 M31.7%
New shares issued111.65 M100.0%
Offer for sale0 M0.0%

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 -3.6% sits at P19 of its board · This IPO's since-listing of -23.2% sits at P30 of its board

Peers — ACE

SymbolListedIPO priceDay 1 closeSince listingMarket cap
UNIQUE 05 Aug 2022 RM 0.26 -13.5% +85.1% RM 104.0 M
SPRING 08 Nov 2019 RM 0.25 +0.0% -44.4% RM 103.9 M
SALIRAN [NS] 13 Mar 2025 RM 0.27 -22.2% -14.8% RM 103.4 M
PEOPLE 20 May 2025 RM 0.25 +6.0% -14.0% RM 102.9 M
JTGROUP 20 Dec 2023 RM 0.27 +14.8% +122.2% RM 105.8 M
TOPVISN 16 Dec 2024 RM 0.33 +3.0% -42.4% RM 102.2 M
EIB [NS] 18 Jul 2022 RM 0.30 -13.3% -51.7% RM 102.0 M
OVH [NS] 22 Jul 2020 RM 0.26 +103.8% -46.2% RM 106.9 M

Audit

No audit published for this IPO.