KUALA LUMPUR: Oil and gas shipping company Orkim Bhd has attracted strong institutional interest following its initial public offering (IPO), with several major funds emerging as substantial shareholders.

Orkim, previously fully owned by state-owned private equity firm Ekuiti Nasional Bhd (Ekuinas), was listed on Bursa Malaysia’s Main Market on Dec 9, 2025.

In a filing with Bursa Malaysia today, Orkim said the Employees Provident Fund (EPF) acquired 68.44 million ordinary shares, representing a 6.84 per cent direct interest in the company, having subscribed for the shares during the initial public offering (IPO).

Kumpulan Wang Persaraan (KWAP) subscribed for 87.28 million shares, comprising a 5.8 per cent direct stake and a 2.92 per cent indirect interest.

Meanwhile, Prudential plc raised its direct interest to 56.87 million shares, or 5.68 per cent, after its initial 5.55 million acquisition. - Bernama