ListedACE Market· 0369· Shariah-compliant

JS Solar Holding IPO

Energy, Renewable Energy. Offered at RM0.31 a share, listed on 23 Sept 2025.

Offer price
RM0.31
Shares offered
97.5m
RM30m at offer
Market cap at listing
RM101m
Offer period
28 Aug 2025 to 9 Sept 2025
Listing date
23 Sept 2025
Principal adviser
TA Securities Holdings Berhad

Timeline

  1. Offer opens
    28 Aug 2025
  2. Offer closes
    9 Sept 2025
  3. Balloting
    Done
  4. Listed
    23 Sept 2025
Oversubscription
48.3×

Public applications for 48.3 times the shares on offer, 8,567 applications.

First day of trading
+29.0%

Opened above the offer price, closed +29.0% on day one.

About JS Solar Holding

JS Solar is an investment holding company providing EPCC (Engineering, Procurement, Construction and Commissioning) services as main contractor and contracting services as subcontractor for solar PV systems across residential, commercial & industrial, and utility-scale projects in Malaysia.

First-day forecast

CISCOM's forecast for JS Solar Holding 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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