Pioneer Heat Holdings IPO
Mechanical engineering — piping, heat treatment, NDT
Pioneer Heat Holdings IPO: terms, timetable and ballot
- Market
- Bursa Malaysia ACE Market
- Listing date
- 17 Sept 2026
- IPO price
- RM0.25
- Underwriter
- Malacca Securities
- Public portion oversubscribed
- 47.8×Ballot
- Market cap at listing
- RM86.7m
- First-day close
- RM0.30 (+20.0%)
- Live price
- RM0.36 (+44.0% since IPO)
- Terms verified against
- klsescreener.com ↗
Oversubscription = shares applied for ÷ public shares on offer − 1, per the issuing house's release. First-day figures are closing prices. Not investment advice.
PIONEER since the IPO
Pioneer Heat Holdings in the news
- EBIT of Pioneer Heat Holdings Berhad – MYX:PIONEERTradingView
- RedPlanet Berhad Debuts On ACE Market With Opening Price Of RM0.27Yahoo Finance
- What to expect on Bursa Malaysia this MondayFocus Malaysia
- RedPlanet Berhad's IPO Oversubscribed By 85.28 TimesYahoo Finance
- Startups in Malaysia - 2026 Latest Funding Rounds, Trends and NewsTracxn
Headlines via Google News. Rates.my is not affiliated with these publishers.
Pioneer Heat Holdings IPO — questions answered
From the figures on this page.
Pioneer Heat Holdings listed on the ACE Market on 17 Sept 2026 at an IPO price of RM0.25 and closed its first day at RM0.30, +20.0% on the IPO price.
RM0.25 per share, giving a market capitalisation of about RM86.7m at listing.
The public portion was 47.8× oversubscribed: applications came to 48.80 times the shares on offer to the Malaysian public. The balloting results (the company's own Bursa announcement) are linked on this page.
It closed at RM0.30 against the RM0.25 IPO price, +20.0%. It now trades at RM0.36, +44.0% 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 company's own Bursa Malaysia announcement of its subscription results, which attaches the balloting document; the link is on this page.
Other upcoming Bursa IPOs
- SKA Capital11 Nov 2026 · RM0.43
- KEB16 Nov 2026 · RM0.35
- MYDCD17 Nov 2026 · RM0.56
- Impact Capital Holdings24 Nov 2026 · RM0.22
Recent Bursa debuts
- RedPlanet22 Oct 2026+36.8%
- NWE Resources Group21 Oct 20260.0%
- EGH International16 Oct 2026-15.6%
- EcoSys (Malaysia)14 Oct 2026+196.3%
- SLGC6 Oct 2026-10.7%
Every 2026 Bursa listing, the upcoming calendar and the underwriter league table are on the IPO Malaysia page →
Pioneer Heat Holdings IPO discussion
Applied, allotted, or watching the debut? Share what you got and what you think — no sign-up needed.