ListedACE Market· 0399· Shariah-compliant

AMS Advanced Material IPO

Industrial Products & Services, Metals. Offered at RM0.29 a share, listed on 23 Apr 2026.

Offer price
RM0.29
Shares offered
160.0m
RM46m at offer
Market cap at listing
RM177m
Offer period
27 Mar 2026 to 10 Apr 2026
Listing date
23 Apr 2026
Principal adviser
M & A Securities Sdn Bhd

Timeline

  1. Offer opens
    27 Mar 2026
  2. Offer closes
    10 Apr 2026
  3. Balloting
    Done
  4. Listed
    23 Apr 2026
Oversubscription
9.0×

Public applications for 9.0 times the shares on offer, 8,110 applications.

First day of trading
0%

Opened at the offer price, closed +5.2% on day one.

About AMS Advanced Material

AMS Advanced Material buys semi-finished aluminium and copper products in large quantities from suppliers in China, Taiwan, and other countries, then breaks them into smaller lots and sells to manufacturers, traders, and contractors in Malaysia and Singapore.

First-day forecast

CISCOM's forecast for AMS Advanced Material 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.

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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.

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