ListedACE Market· 0380· Shariah-compliant

Aquawalk Group IPO

Consumer Products & Services, Travel, Leisure & Hospitality. Offered at RM0.31 a share, listed on 19 Nov 2025.

Offer price
RM0.31
Shares offered
737.2m
RM229m at offer
Market cap at listing
RM571m
Offer period
30 Oct 2025 to 7 Nov 2025
Listing date
19 Nov 2025
Principal adviser
M & A Securities Sdn Bhd

Timeline

  1. Offer opens
    30 Oct 2025
  2. Offer closes
    7 Nov 2025
  3. Balloting
    Done
  4. Listed
    19 Nov 2025
Oversubscription
6.2×

Public applications for 6.2 times the shares on offer, 8,986 applications.

First day of trading
-3.2%

Opened below the offer price, closed +22.6% on day one.

About Aquawalk Group

Aquawalk Group operates premier aquaria in the ASEAN region, primarily Aquaria KLCC (Kuala Lumpur) and Aquaria Phuket (Thailand), generating revenue mainly through ticketing and retail sales.

First-day forecast

CISCOM's forecast for Aquawalk 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.

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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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