ListedACE Market· 0358· Shariah-compliant

ICT Zone Asia IPO

Technology Equipment. Offered at RM0.20 a share, listed on 3 Jun 2025.

Offer price

RM0.20

Shares offered

154.0m

RM31m at offer

Market cap at listing

RM159m

Offer period

13 May 2025 to 20 May 2025

Listing date

3 Jun 2025

Principal adviser

Malacca Securities Sdn Bhd

Timeline

Offer opens
13 May 2025
Offer closes
20 May 2025
Balloting
Done
Listed
3 Jun 2025

Oversubscription

2.9×

Public applications for 2.9 times the shares on offer, 2,562 applications.

First day of trading

Opened at the offer price, closed 0% on day one.

About ICT Zone Asia

ICT Zone Asia is a Malaysia-based ICT solutions provider offering technology financing solutions (leasing and rental of ICT hardware and software), trading of new and refurbished ICT hardware and software, cloud solutions and services, and ICT maintenance services.

First-day forecast

CISCOM's forecast for ICT Zone Asia 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.