Pentech Holdings Bhd debuted on the ACE Market on June 15, with shares opening at 29 sen, 45% higher than its 20 sen IPO price [1, 2, 3]. The stock traded as high as 29.5 sen during the session, according to multiple reports [1, 2, 3]. By 9:30am, shares were at 26 sen in some reports, while another source noted 26.5 sen at midday [1, 2, 3].
Trading volume was strong, exceeding 90 million shares according to some sources, with one reporting 122.57 million shares traded on debut day [1, 2, 3]. Based on closing prices, Pentech’s market capitalization stood at RM161 million (1.61 billion sen) [1, 2, 3].
Pentech’s IPO was among the most sought-after in 2026, with an oversubscription rate of 120.98 times, highlighting strong investor demand [3]. The company raised RM34.4 million from the offering. Funds will be used for setting up a new Security Operations Center (SOC), upgrading Operations Control Center (OCC) systems, expanding business, marketing, routine operations, and covering listing expenses [3].
The strong debut reflects investor enthusiasm following Pentech's entry into the ACE Market. Trade activity and price action on the first day indicate solid market reception.
Pentech plans to focus the IPO proceeds on operational enhancements and growth initiatives, aiming to build its market position post-listing [3].
