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First-day close

GTA Holdings Closes 4.3% Below Its IPO Price on ACE Market Debut

RaymondRates.my2 min read

GTA Holdings opened its first trading day unchanged at its 35 sen IPO price. By the 5pm close, the aviation MRO firm had slipped below it.

GTA 0469 · ACE Market · debut day · RM0.335 ▼ 4.3% below its 35 sen IPO priceO 0.350 H 0.360 L 0.335 C 0.3358 Sep 2026 · Vol 83.9m0.320.330.340.350.360.37IPO price 35 sen (also the open)0.3358 Sep 2026 (listing day)Volume, m shares20m40m60m80m83.9mSource: klsescreener.com, close 8 Sep 2026
8 September 2026, GTA's first trading day. It opened at its 35 sen IPO price, touched a high of 36 sen, then drifted down to close at the day's low.
  • Market cap slipped to about RM432.6m from RM451.97m at listing — simple math on the closing price.
  • The IPO itself was oversubscribed 22.16 times three weeks earlier — demand didn’t carry into the after-market.
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Morning wires reported GTA's flat open at 35 sen. The number that matters is the close, not the open.

Read the balloting result that preceded today’s debut, or compare brokers for your next Bursa IPO application.

What to watch

  • 14 Sep 2026United Asiapac Energy is due to list on the ACE Market, next up in the pipeline.
  • 15 Sep 2026Butterfield FB debuts on the ACE Market — the next Bursa IPO to watch after GTA’s muted first day.
Not financial advice. This is general information on GTA Holdings Berhad’s first trading day, based on closing-price data from klsescreener.com as at 8 September 2026. It is not a recommendation to buy, hold or sell any shares, and Rates.my does not issue price targets or forecasts. Confirm current prices with your broker before acting.

Sources & further reading

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