2024 Bursa IPO Review - Main & ACE Board

Using 5 years as the reference, the number of companies listed on Main Board in 2024 was 11 IPOs, 2023 was 11 IPOs, 2022 was 5 IPOs, 2021 was 7 IPOs, and 2020 was 2 IPOs, respectively. Similar to the ACE Board, the number of companies in 2024 was 40 IPOs, 2023 was 24 IPOs, 2022 was 25 IPOs, 2021 was 11 IPOs, and 2020 was 10 IPOs, respectively. Since the beginning of 2021, the number of companies listed on the Main & ACE board has demonstrated an upward trend due to the recovery of economy from the COVID-19.  A total of 55 IPO companies are listed for 2024, looking forward to the continuously increasing IPO companies in the year 2025.

Figure 1: Total number of IPOs from 2020 to 2024 based on Main, Ace, and Leap board.

Figure 2: January IPO companies on the ACE Board

Figure 3: February IPO companies on the ACE Board

Figure 4: March IPO companies on the ACE Board

Figure 5: March IPO companies on the MAIN Board

Figure 6: April IPO companies on the ACE Board

Figure 7: April IPO companies on the MAIN Board

Figure 8: May IPO companies on the ACE Board

Figure 9: May IPO companies on the MAIN Board

Figure 10: June IPO companies on the ACE Board

Figure 11: July IPO companies on the ACE Board

Figure 12: July IPO companies on the MAIN Board

Figure 13: August IPO companies on the ACE Board

Figure 14: September IPO companies on the ACE Board

Figure 15: September IPO companies on the MAIN Board

Figure 16: October IPO companies on the ACE Board

Figure 17: November IPO companies on the ACE Board

Figure 18: November IPO companies on the MAIN Board

Figure 19: December IPO companies on the ACE Board

Figure 20: December IPO companies on the MAIN Board

Which IPO(s) company (ies) are your favorites? I choose
1)99 SPEED MART RETAIL HOLDINGS BERHAD (99SMART 5326)
2) KEYFIELD INTERNATIONAL BERHAD (KEYFIELD 5321)
3) MASTER TEC GROUP BERHAD (MTEC 0295)

Disclaimer: The above content is not an investment advisory service and does not purport to tell or suggest which securities or stocks customers should buy or sell for themselves. It should not be assumed that the methods, techniques, or indicators presented above will be profitable or will not result in losses. You should not rely solely on information when making any investment. Rather, you should use the information only as a starting point for doing additional independent research to allow you to form your own opinion regarding investments.

By: Jshen Ng