ORKIM’S IPO SHARES SUBSTANTIALLY OVERSUBSCRIBED BY ALMOST 12 TIMES
Orkim Berhad’s IPO public portion was heavily oversubscribed, receiving 6,767 applications for 256.8 million shares, nearly 12 times the 20 million shares offered. Shares reserved for directors, employees, and institutional investors were also fully subscribed.
Dato’ Abdul Hamid Sh Mohamed, Orkim’s Chairman, said, “The strong support reflects confidence in Orkim’s track record. We remain focused on fleet expansion, operational efficiency, and sustainable growth.”
GEOHAN CORPORATION BERHAD – IPO BALLOTING RESULTS
Geohan Corporation Berhad’s IPO on Bursa Malaysia was oversubscribed 7.78 times, with strong demand from both the Malaysian public and institutional investors. All shares allocated to directors, employees, Bumiputera, and institutional placements were fully subscribed, highlighting robust investor confidence in the Company’s listing.
ORKIM SETS SAIL TOWARDS MAIN MARKET LISTING WITH PROSPECTUS LAUNCH
Orkim Berhad has launched its IPO prospectus ahead of its Main Market listing on 9 December 2025. The IPO offers 400 million shares at RM0.92 each, with the public issue expected to raise RM92 million, primarily for new vessel acquisitions.
CEO Captain Cheah Sin Bi highlighted Orkim’s 18-vessel fleet and its 56% share of Malaysia’s chemical and petroleum tanker segment. Chairman Dato’ Abdul Hamid Sh Mohamed said the IPO proceeds will support fleet expansion and reaffirmed Orkim’s dividend policy of 50%–70% of profit after tax, with a RM20 million interim dividend slated for January 2026. Public applications close at 5:00 p.m. on 26 November 2025.
GEOHAN CORPORATION BERHAD MOVES CLOSER TO MAIN MARKET LISTING WITH PROSPECTUS LAUNCH
Geohan Corporation Berhad has launched its IPO prospectus ahead of its Main Market listing on 5 December 2025. The Company aims to raise RM72.60 million through 132 million new shares at RM0.55 each, valuing it at RM242 million. Supported by a RM390.39 million order book, Geohan plans to channel the proceeds toward expanding its machinery fleet, working capital and listing expenses as it strengthens its position in Malaysia’s construction sector.
FARMIERA BERHAD OFFICIALLY LISTS ON THE ACE MARKET AT RM0.25
Farmiera Berhad (“Farmiera”), a poultry producer and distributor, made its debut on the ACE Market of Bursa Malaysia today, opening at RM0.25 with a market capitalisation of RM112.5 million. The IPO raised RM29.25 million to fund the Company’s expansion plans, including new parent stock farms, a hatchery, and working capital needs.
ORKIM BERHAD INKS RETAIL UNDERWRITING AGREEMENT, AHEAD OF ITS MAIN MARKET IPO
Orkim Berhad has signed a retail underwriting agreement with CIMB, RHB, and Affin Hwang as it prepares for its Main Market listing on Bursa Malaysia by year-end. The marine logistics operator, which manages 16 CPP and 2 LPG tankers, will offer 400 million shares in its IPO. CEO Captain Cheah Sin Bi said the milestone reflects strong confidence in Orkim’s growth and industry position.
FARMIERA IPO OVERSUBSCRIBED BY 16.69 TIMES AHEAD OF ACE MARKET DEBUT
Farmiera Berhad is launching its IPO on the ACE Market at RM0.25 per share, offering 117 million new shares. The public portion was oversubscribed by 16.69 times, with all other allocations fully taken up. Allotment notices will be issued on 10 November 2025, with Malacca Securities Sdn Bhd as the Principal Adviser and Underwriter.
ORKIM SETS COURSE FOR ITS PROPOSED LISTING ON THE MAIN MARKET OF BURSA MALAYSIA SECURITIES BERHAD WITH THE SECURITIES COMMISSION MALAYSIA’S APPROVAL
Orkim Berhad (“Orkim”) has received approval from the Securities Commission Malaysia for its proposed listing on the Main Market of Bursa Malaysia, marking a key milestone in its growth journey.
CEO Captain Cheah Sin Bi said the IPO will support Orkim’s fleet expansion and growth plans, reinforcing its position as a leading and reliable marine transportation company in Malaysia.
GEOHAN INKS UNDERWRITING AGREEMENT WITH ALLIANCE ISLAMIC BANK AHEAD OF MAIN MARKET DEBUT
Geohan Corporation Berhad, a foundation and geotechnical specialist, has signed an underwriting agreement with Alliance Islamic Bank Berhad ahead of its IPO and Main Market listing on Bursa Malaysia. The IPO involves 132 million new shares or 30% of its enlarged share capital. Managing Director Mr. Lee Kim Seng said the milestone marks Geohan’s next growth phase as it expands capacity and broadens its regional presence.
THMY HOLDINGS BERHAD MAKES STELLAR DEBUT AT RM0.80
THMY Holdings Berhad (“THMY”) made its debut on the ACE Market of Bursa Malaysia, opening at RM0.80, a 158% premium over its IPO price of RM0.31. The IPO raised RM44.6 million, which will fund a new factory, machinery, and strategic initiatives to support growth.
