ListedACE Market· 0391· Shariah-compliant

Ambest Group IPO

Industrial Products & Services, Industrial Materials, Components & Equipment. Offered at RM0.25 a share, listed on 6 Feb 2026.

Offer price

RM0.25

Shares offered

151.0m

RM38m at offer

Market cap at listing

RM128m

Offer period

21 Jan 2026 to 27 Jan 2026

Listing date

6 Feb 2026

Principal adviser

Malacca Securities Sdn Bhd

Timeline

Offer opens
21 Jan 2026
Offer closes
27 Jan 2026
Balloting
Done
Listed
6 Feb 2026

Oversubscription

46.1×

Public applications for 46.1 times the shares on offer, 8,084 applications.

First day of trading

+16%

Opened above the offer price, closed +38% on day one.

About Ambest Group

Ambest Group Berhad is an investment holding company that, through its wholly-owned subsidiary Ambest Technology, provides engineering supporting services comprising precision machining (including CNC milling, turning, and turn-milling) and sheet metal fabrication, with sub-modular assembly offered on request.

First-day forecast

CISCOM's forecast for Ambest Group is available to Pro members.

Every IPO gets a projected first-day range and a probability of opening above the offer price, built from the most similar past listings on Bursa Malaysia. Across 246 IPOs in the walk-forward back-test, the model called the first-day direction right 74% of the time. Educational estimates, not investment advice.

Create a free account →See Pro pricing

Already a member? Open the full page.

All upcoming Malaysian IPOs IPO results by year How to apply for an IPO

Facts on this page come from Bursa Malaysia announcements, the prospectus and issuing-house press releases, and can change. CISCOM is an educational service and does not provide investment advice. Past performance does not guarantee future results. Consult a licensed adviser before investing.