KUALA LUMPUR: Ekuiti Nasional Bhd (Ekuinas) marked the first Bumiputera “relay race” milestone under the government-linked investment company (GLIC) ecosystem following the transfer of a 60 per cent stake in Orkim Bhd to Permodalan Nasional Bhd (PNB) after the tanker operator’s initial public offering (IPO).
The transaction, completed after Ekuinas’ 11-year investment journey in Orkim, generated RM828 million in gross proceeds, of which RM350 million was distributed as dividends to PNB for the benefit of its unit trust holders, according to Ekuinas’ 2025 Impact Report released yesterday.
The transaction reflected the successful transfer of ownership and stewardship to support Orkim’s next phase of growth, while reinforcing broader Bumiputera wealth creation within the national investment ecosystem, said the government-linked private equity company in a statement….
Read the full article here.
SA11 – Upskilling and Reskilling Talents
SA12 – Foster Community Growth Through Education
SA13 – Strengthen Workforce Connection
SA14 – Enhance Customer Satisfaction and Service Excellence
SA10 – Promote Workforce Well-being, Health and Safety
SA6 – Climate Change Management
SA7 – Reduce Waste, Promote Recycling and Resource Recovery
SA8 – Minimise Water Consumption
SA9 – Protect, Conserve and Enhance Biodiversity
SA4 – Uphold Ethics and Business Integrity
