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ACE Market debut

SKA Capital Share Price Jumps Over 20% on ACE Market Debut

RaymondRates.my2 min read

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SKA Capital Berhad shares traded as high as 57.5 sen on their ACE Market debut on Wednesday, a 33.7% premium to the 43 sen IPO price, before easing to around 52 sen by 2.36pm. These are intraday prices, not a close.

What is SKA Capital’s IPO fair value after its ACE Market debut?

Live chart: SKA Capital Berhad (0480)
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A high-voltage electricity transmission tower against a blue sky
SKA Capital builds and upgrades power substations and underground utilities for Peninsular Malaysia's grid. · Photo: Unsplash
  • Shares opened at 51 sen, 18.6% above the 43-sen IPO price, then touched a high of 57.5 sen (Yahoo Finance).
  • By 2.36pm it traded near 52 sen, up 20.9%, on turnover of about RM78 million (KLSE Screener).
  • The IPO’s public portion was oversubscribed 80.42 times, drawing 25,026 applications (The Star, 29 Oct 2026).
  • SKA Capital’s order book stands near RM313 million, after RM89.28 million of new Tenaga Nasional-linked subcontracts (The Star, 29 Oct 2026).
  • Managing director Datuk Subas Kumar Ambairam will receive RM31.13 million from selling existing shares in the IPO (The Star, 29 Oct 2026).

See every 2026 listing on the Bursa IPO calendar, or read how SKA Capital’s IPO drew its 80.42× demand ahead of today’s listing.

What to watch

  • 11 Nov, 5.00pm MYTSKA Capital’s first trading day closes— today’s 51–57.5 sen range sets the baseline for tomorrow’s open.
Not financial advice. This is general information on SKA Capital Berhad’s (0480) share price and ACE Market debut, as of intraday trading on 11 November 2026. Public Investment Bank’s 70-sen figure is that bank’s own fair value estimate, not a target price or recommendation from Rates.my, which holds no CMSA licence and issues none. Confirm current prices and filings with your broker before acting.

Sources

Reporting and data

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