Orkim Berhad is an owner-operator of marine vessels, specifically product tankers and LPG tankers, providing marine transportation services for Clean Petroleum Products (CPP) and Liquefied Petroleum Gas (LPG). The company's principal activities, conducted through its subsidiaries, involve owning, chartering, and operating these vessels, as well as managing shipping property, freight contracting, and transport business. Its primary market is Malaysia, facilitating cargo transport along coastal routes and to neighboring Asian countries like Singapore. The fleet is crucial to Malaysia's energy supply chain, transporting refined products such as gasoline, diesel, and jet fuel from refineries to distribution points. The company also engages in shipbroking and provides third-party ship management services.
| Purpose | Amount (RM'000) | % | |
|---|---|---|---|
| Expansion | Purchase of Vessels | 80,000 | 87 |
| Working capital | Working capital | 1,150 | 1.2 |
| Listing expenses | Defray fees and expenses for our IPO and our Listing | 10,850 | 11.8 |
| Total | 92,000 | 100 | |
Sorry, this feature only available for iSaham Pro