Information contained in this IPO Centre is intended solely for your personal reference and is not intended to form the basis of any investment decision or any decision to purchase any securities or any decision to participate in the process. It does not constitute an offer or an invitation or solicitation or advice of an offer to subscribe or to purchase any securities. Such information is subject to change from time to time without notice and it may not contain all material information concerning Orkim Berhad. The summary information in this IPO Centre was extracted from Orkim Berhad's Prospectus dated 19 November 2025. You are advised to read Orkim Berhad 's Prospectus dated 19 November 2025 for the full information. Though due care was exercised in extracting information from the Prospectus, the information in the Prospectus shall prevail should there be any discrepancy in information between this section and the Prospectus.
All references to “our Company” or “Orkim” are to Orkim Berhad [Company No.: 200701009090 (767092-X)]. All references to “Orkim Group” or “our Group” are to our Company and our subsidiaries taken as a whole. All references to “we”, “us”, “our” and “ourselves” are to our Company and where the context otherwise requires, our Group.
The following abbreviations are used in this section:
| Act | Companies Act, 2016 |
| Application | Application for our Issue Shares by way of Application Form, Electronic Share Application or Internet Share Application |
| Application Form(s) | Application form(s) for the application for our Issue Shares accompanying the Prospectus |
| ATM | Automated teller machine |
| Board | Board of Directors of our Company |
| Bumiputera |
In the context of:
|
| Bursa Securities | Bursa Malaysia Securities Berhad |
| CEO | Chief Executive Officer |
| Director(s) | A member of the Board and has the meaning given in Section 2 of the Act |
| Electronic Share Application | Application for our Issue Shares through a Participating Financial Institution’s ATM |
| Eligible Persons | Collectively, our Directors, employees of our Group and persons who have contributed to the success of our Group, who are eligible to participate in the Retail Offering |
| Final Retail Price | Final price per IPO Share to be paid by the investors under the Retail Offering, being the lower of the Retail Price or the Institutional Price, to be determined on the Price Determination Date |
| FPE | Financial period ended, or where the context otherwise requires, financial period ending |
| FYE | Financial year ended 31 December, or where the context otherwise requires, financial year ending |
| IMR Report | Independent market research report dated 30 October 2025 prepared by Vital Factor |
| Institutional Offering | Institutional offering of up to 372,000,000 IPO Shares at the Institutional Price, subject to the clawback and reallocation provisions to Malaysian institutional and selected investors, including Bumiputera investors approved by the MITI |
| Institutional Price | Price per IPO Share to be paid by investors under the Institutional Offering, which will be determined on the Price Determination Date by way of bookbuilding |
| Internet Participating Financial Institutions | Participating financial institutions for the Internet Share Application |
| Internet Share Application | Application for our IPO Shares through an online share application service provided by the Internet Participating Financial Institutions or Participating Securities Firms |
| IPO | Initial public offering of up to 400,000,000 Shares comprising the Offer for Sale and the Public Issue |
| IPO Shares | Collectively, the Issue Shares and the Offer Shares |
| Issue Shares | New Shares to be issued by our Company under the Public Issue |
| Key Senior Management | Key senior management of our Group, whose profiles are set out in Section 9.3.2 of the Prospectus |
| Listing | Admission to the Official List and the listing of and quotation for the entire enlarged issued share capital of our Company on the Main Market of Bursa Securities |
| LPD | 21 October 2025, being the latest practicable date prior to the registration of the Prospectus with the SC |
| Malaysian Public | Malaysian citizens, companies, co-operatives, societies and institutions incorporated or organised under the laws of Malaysia |
| MITI | Ministry of Investment, Trade and Industry of Malaysia |
| Offer for Sale | Offer for sale of up to 300,000,000 Offer Shares by our Selling Shareholder, subject to the terms and conditions of the Prospectus |
| Offer Shares | Existing Shares to be offered by the Selling Shareholder pursuant to the Offer for Sale |
| Official List | A list specifying all securities which have been admitted for listing on Bursa Securities |
| Orkim or Company | Orkim Berhad |
| Orkim Group or Group | Collectively, Orkim and its subsidiaries |
| Participating Financial Institutions | Participating financial institutions for the Electronic Share Application |
| Participating Securities Firms | Participating securities firms for the Internet Share Application |
| Price Determination Date | The date on which the Institutional Price and Final Retail Price will be determined |
| Public Issue | Public issue of 100,000,000 Issue Shares by our Company, subject to the terms and conditions of the Prospectus |
| Retail Offering |
Retail offering of 28,000,000 Issue Shares at the Retail Price, subject to the clawback and reallocation provisions, to be allocated to the following:
|
| Retail Price | Initial retail price of RM0.92 per IPO Share to be fully paid upon application under the Retail Offering, subject to adjustment as detailed in Section 4.4.1 of the Prospectus |
| SC | Securities Commission Malaysia |
| Selling Shareholder | TKSB, being the party undertaking the Offer for Sale |
| TKSB | Tetap Kuasa Sdn Bhd |
| Vital Factor or IMR | Vital Factor Consulting Sdn Bhd, the independent business and market research consultants |
| RM and sen | Ringgit Malaysia and sen, the lawful currency of Malaysia |
| Chartering | In marine transportation industry, chartering is the process of leasing or renting a ship from its owner for a specific voyage, period, or purpose, based on mutually agreed terms and conditions between the shipowner and the charterer. In the context of the Prospectus, types of chartering include Time Charter, CVC, COA, and spot charter |
| Clean petroleum products (CPP) | It refers to refined liquid fuels, such as gasoline, diesel, gas oil, jet fuel, naphtha, and kerosene. Condensate, while technically a feedstock, is included due to its similar handling characteristics. These products are typically derived from crude oil through distillation and further refining processes. CPP is the end products of crude oil that are ready for distribution and use |
| Consecutive voyage charter (CVC) | It refers to a chartering contract in which the shipowner agrees to transport cargo with the same charterer for back-to-back shipment over a specified period. These vessels are dedicated solely to the charterer for the duration of the contract |
| Contract of affreightment (COA) charter | It refers to a chartering contract in which the shipowner agrees to transport a specified amount of a particular type of cargo over a specified period. The schedule of shipments is mutually agreed upon by the shipowner and the charterer |
| Draft | It refers to the depth of a vessel below the waterline, measured vertically from the waterline to the lowest point of the vessel’s hull |
| Liquefied petroleum gas (LPG) | It is a mixture of hydrocarbon gases produced while refining crude oil. It is also produced from natural gas processing. It primarily consists of propane and butane. It is then liquefied through pressurisation, making it more practical to store and transport |
| Shipbroking | In the context of the Prospectus, it is a specialised service acting as an intermediary between shipowners and charterers of vessels. A commission is paid to the intermediary once a trade is concluded |
| Spot charter | It refers to a chartering arrangement in which the shipowner agrees to transport cargo, typically for a single voyage |
| Tankers | Specialised ships designed to transport liquids in bulk |
| Time Charter | It refers to a chartering arrangement in which the shipowner agrees to lease a vessel to the charterer for exclusive use over a specified period |