KUALA LUMPUR: The listing of Orkim Bhd on the Main Market of Bursa Malaysia reflects the growing strength of Malaysia’s Bumiputera enterprise ecosystem and the effectiveness of government-linked investment companies (GLICs) in developing nationally competitive businesses, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

Speaking at a press conference on Orkim’s debut, he noted that the listing exemplifies the effectiveness of the government’s Generating Empowerment and Advancement for Resilient Bumiputeras (GEAR-Up) initiative and the Bumiputera “relay race” model, where different GLICs take on complementary roles at various stages of a company’s development.

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