Rakuten Trade Ideas Webinar - Orkim Berhad

𝐎𝐫𝐤𝐢𝐦 𝐁𝐡𝐝 is heading to Main Market listing on Bursa Malaysia soon.
Ekuinas backed oil & gas shipping company - largest player in Malaysia domestic (clean petroluem product) tanker segment with total 18 vessels (load capacity 239,186 deadweight tonnes).

𝐊͟𝐞͟𝐲͟ ͟𝐂͟𝐨͟𝐦͟𝐩͟𝐞͟𝐭͟𝐢͟𝐭͟𝐢͟𝐯͟𝐞͟ ͟𝐒͟𝐭͟𝐫͟𝐞͟𝐧͟𝐠͟𝐭͟𝐡͟𝐬͟:͟
1️⃣ Have a proven track record as an owner-operator in the marine transportation of CPP and LPG across domestic and regional markets.
2️⃣ Command a leading position in terms of the number of CPP tankers registered in Malaysia, representing approximately 56% of the 27 Malaysian-registered chemical/petroleum tankers, enabling us to fulfil critical domestic energy demand that underpins the nation’s economic growth and rapid industrialisation.
3️⃣ Have a stable stream of recurring revenue, reinforced by long-term contracts, ensuring earnings visibility and financial stability.
4️⃣ Strong customer base is anchored by key energy companies that are involved in CPP distribution and retail operations in Malaysia, providing us with a stable foundation for business growth.
5️⃣ Relatively young vessel fleet with an average age of approximately 12 years and shallow draft capabilities granting us broader market access and scalable expansion potential.
6️⃣ Experienced Management Team

🔜͟ ͟𝐅͟𝐮͟𝐭͟𝐮͟𝐫͟𝐞͟ ͟𝐏͟𝐥͟𝐚͟𝐧͟𝐬͟:͟ ͟
1️⃣ Fleet expansion and rejuvenation by investing in younger, larger and more versatile tankers, including chemical petroleum product tankers.
2️⃣ Fleet modernisation program in line with environmental and HSSE developments.
3️⃣ Technological advancements through digitalisation.

𝐈͟𝐏͟𝐎͟ ͟𝐓͟𝐢͟𝐦͟𝐞͟𝐥͟𝐢͟𝐧͟𝐞͟:͟ ͟
Tentative Listing Day: 9/12/2025
IPO Price: RM0.92

#rakutentrade #ipolisting #bursamalaysia