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Orkim

Orkim Berhad (Ticker: ORKIM MK) is a Malaysian company specializing in energy logistics and marine transportation, focusing on Clean Petroleum Product (CPP) and Liquefied Petroleum Gas (LPG) tankers. Orkim plans to list on Bursa Malaysia on December 9, 2025, offering 400 million shares at a price of MYR 0.92, raising MYR 368 million (approx. US$89 million). The IPO implies a market capitalization of MYR 920 million (US$222 million). According to the prospectus, proceeds are earmarked for fleet expansion, specifically the acquisition of new vessels "Orkim Jade" and "Orkim Ruby" - as well as working capital and listing expenses. The deal structure includes an exit for private equity firm Ekuinas and a public issue of new shares, managed by CIMB and RHB.

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