One Gasmaster Holdings IPO

One Gasmaster Holdings listed on the ACE Market on 27 Jan 2026 at an IPO price of RM0.25 and closed its first day at RM0.20, -20.0% on the IPO price.

RM0.25 per share, giving a market capitalisation of about RM77.5m at listing.

The public portion was 25.24× oversubscribed: applications came to 26.24 times the shares on offer to the Malaysian public. The balloting results (the issuing house's basis-of-allotment document) are linked on this page.

It closed at RM0.20 against the RM0.25 IPO price, -20.0%. It now trades at RM0.15, -40.0% from the IPO price (live, about 15 minutes delayed). The first-day figure is the closing price, not the opening or an intraday high.

Malacca Securities, as reported — the principal adviser, sponsor, underwriter and placement agent for the listing. Our underwriter league table on the IPO calendar shows how each firm's 2026 listings have done.

In the issuing house's basis-of-allotment document, which shows how the public tranche was balloted tier by tier; the link is on this page.