KUALA LUMPUR, 9 DECEMBER 2025 — Orkim Berhad’s listing arrives at a pivotal moment for Malaysia’s capital market. With national attention focused on scaling Bumiputera-led corporates under PuTERA 35, the company’s entry into the Main Market signals growing strength, investor confidence, and the impact of long-term institutional development led by PNB and Ekuinas.
A Major Milestone for Malaysia’s Bumiputera Corporate Landscape
Bursa Malaysia celebrated a significant milestone today with the successful debut of Orkim Berhad on the Main Market. The ceremony, attended by senior government officials and industry leaders, underscored the expanding role of Bumiputera enterprises and the institutions supporting them.
A key highlight of the morning was the acknowledgment of Permodalan Nasional Berhad (PNB) and Ekuiti Nasional Berhad (Ekuinas), both recognised for nurturing high-performing regional champions such as Orkim.
PNB and Ekuinas: Anchoring a New Generation of Bumiputera Champions
Bursa Malaysia Chief Executive Officer Dato’ Fad’l Mohamed expressed deep appreciation to PNB and Ekuinas for their leadership and long-term investment stewardship.
He highlighted that these institutions have played a vital role in shaping Orkim’s trajectory, reflecting the broader success of Malaysia’s Bumiputera corporate development agenda.
“PNB and Ekuinas have played an important role in developing regional champions such as Orkim.”
— Dato’ Fad’l Mohamed, CEO of Bursa Malaysia
Their support reflects Malaysia’s commitment to building scalable, competitive Bumiputera-led businesses capable of regional and global growth.
Why Orkim’s Market Debut Signals Rising Investor Confidence
Today’s listing marks the ninth Main Market IPO of 2025 and the 58th listing overall this year, keeping Bursa Malaysia ahead of other ASEAN exchanges in IPO activity.
Orkim enters the public market with strong fundamentals:
Orkim Berhad IPO Snapshot
| Item | Details |
|---|---|
| Market Capitalisation | RM920 million |
| Enlarged Share Capital | 1 billion shares |
| IPO Price | RM0.92 |
| Market | Main Market, Bursa Malaysia |
This solid debut reflects investor confidence in Orkim’s leadership and strategic positioning in the maritime and logistics ecosystem.
A RM4.25 Trillion Capital Market Driving National Savings and Growth
Transitioning to the bigger picture, Dato’ Fad’l highlighted the strength of Malaysia’s capital market, which stands at approximately RM4.25 trillion in value. Equities form RM2 trillion or 47% of the total market size.
Institutional investors, including PNB, collectively manage more than RM1.6 trillion of public and pension funds channelled into local equities. This reinforces the essential role of the public equity market as a long-term engine for wealth creation and economic expansion.
He emphasised that the Exchange continues to serve as a trusted marketplace for companies seeking growth capital while building enterprise value for the nation.
Scaling Bumiputera PLCs: Bursa Strengthens PuTERA 35 Agenda
Dato’ Fad’l reaffirmed the Exchange’s broader mission: to expand Malaysia’s universe of public-listed companies not just in number, but also in diversity and capacity.
He emphasised that building stronger Bumiputera PLCs aligns directly with the government’s Bumiputera Economic Transformation Plan (PuTERA 35).
To accelerate this, Bursa Malaysia is intensifying several targeted initiatives, including:
- Bumiputera Relay Race
- BRAVE Programme
- Strategic collaborations with TERAJU, SME Corp, PETRONAS, and MTDC
These efforts aim to groom more Bumiputera companies for listing readiness and long-term market competitiveness.
Supporting Growth Beyond Listing: Strengthening PLC Capabilities
Beyond helping companies enter the public market, Bursa Malaysia continues to enhance post-listing capabilities through:
- IR4U — improving investor relations
- Bursa RISE+ — deepening research coverage
- Governance and sustainability workshops
These programmes ensure that new PLCs, including Orkim, benefit from stronger visibility, transparency, and long-term investor engagement.
Striking the Gong: A New Phase Begins for Orkim
The ceremony concluded with the traditional striking of the gong, marking Orkim’s transition into a new chapter as a publicly listed entity. Dato’ Fad’l congratulated the management and shareholders, reaffirming the Exchange’s commitment to supporting Orkim’s growth journey on the Malaysian capital market.
Why This Milestone Matters
Orkim’s Main Market debut embodies more than a corporate achievement, it signals the rising momentum of Malaysia’s Bumiputera corporates, the growing influence of PNB and Ekuinas as nation-building institutions, and the strengthening role of the capital market as a driver of economic growth.
With a strong foundation, institutional backing, and a supportive market ecosystem, Orkim stands poised to contribute meaningfully to Malaysia’s next phase of corporate and economic development.
