<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Dec 12): Newly-listed Orkim Bhd (KL:<a href="/askedge/klse/5348" class="ce-stock" target="_blank">ORKIM</a>) saw the emergence of two more substantial shareholders: pensions fund Kumpulan Wang Amanah (Diperbadankan) (KWAP) and the Employees Provident Fund (EPF).</p></div>

<div class=newsTextDataWrapInner><p>The shares were subscribed under the group's IPO, Orkim's&nbsp;filing showed.</p></div>

<div class=newsTextDataWrapInner><p>KWAP is now the second largest shareholder in Orkim with a 5.8% direct stake in the vessel group, together with another 2.93% indirect stake after subscribing to 87.28 million shares.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>EPF, meanwhile, acquired 68.44 million shares under the IPO, representing a 6.84% stake in the company.</p></div>

<div class=newsTextDataWrapInner><p>Prudential was named as a substantial shareholder of Orkim on Thursday, with 5.13% interest. The insurance group on Friday raised its stake further to 5.69% or 56.87 million shares held.</p></div>

<div class=newsTextDataWrapInner><p>Permodalan Nasional Bhd is the largest shareholder in the marine group, holding 60%&nbsp;together with its trust funds.</p></div>

<div class=newsTextDataWrapInner><p>Orkim’s shares last traded at 95.5 sen, giving it a market capitalisation of RM955 million.</p></div>

<div class=newsTextDataWrapInner><p>The stock, which was listed on Bursa Malaysia's Main Market on Dec 9, is up 3.8% from its IPO price of 92 sen per share.</p></div>


Newly-listed Orkim Bhd (KL:ORKIM) saw the emergence of two more substantial shareholders including pensions fund Kumpulan Wang Amanah (Diperbadankan) (KWAP) and the Employees Provident Fund (EPF).

KWAP, EPF emerge as substantial shareholders in Orkim

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Penang is exploring the opening of more direct air routes to cities in northern China to expand the state’s connectivity and diversify its tourism market.

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The Serian district police headquarters (IPD) in Sarawak recorded a very unhealthy air pollutant index (API) reading of 218 as of 8am on Thursday.

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Japan’s 10-year government bond yield climbed to its highest since 1996, joining a deepening global sell-off as the market reopened after the Silver Week holidays.

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The Registrar of Societies (ROS) did not arbitrarily order the suspension of all activities of Perikatan Nasional (PN), but did so based on complaints received, Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said.

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National Stock Exchange of India Ltd’s shares gained in their debut on the BSE after the company raised US$2.4 billion (RM9.79 billion) in one of the biggest initial public offerings (IPOs) in the country’s history.

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SYDNEY (Sept 23): Australia said on Thursday that an OpenAI agent breached a government health data portal in June, gaining unauthorised access to files, in what could be the first known instance of an AI agent hacking a government website.

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<p>Nestlé (Malaysia) Bhd paused its downward slide on Wednesday, following a 22% year-to-date drop that market observers said has run ahead of the company's underlying fundamentals.</p>


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<p>TOKYO (Sept 24): Debt markets were on edge on Thursday, as Japanese bonds followed Treasuries lower, while Asian equities were mixed as investors weighed simmering Middle East tensions and prospects for talks between the United States and China.</p>


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<p data-qa-component="item-headline">MENLO PARK, California (Sept 23): Meta&nbsp;CEO Mark Zuckerberg on Wednesday unveiled a small handheld gadget called Meta Charm for using its new Muse AI assistant, taking the company's hardware efforts beyond its successful smart glasses.</p>

<p>The AI device...

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<p>SYDNEY (Sept 23): Australia said on Thursday that an OpenAI agent breached a government health data portal in June, gaining unauthorised access to files, in what could be the first known instance of an AI agent hacking a government website.</p>


<p>Behind Singapore’s success may lie a factor with little to cheer — its unhappiness, according to a former top politician in the city-state.&nbsp;</p>


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<p>BENGALURU (Sept 24): New Zealand's Fonterra&nbsp;on Thursday warned that El Niño could affect milk volume growth at the end of the 2026/2027 season, as the weather phenomenon heightens risk of extreme weather events and impacts global crop output.</p>
