VALUE CREATION CASE STUDIES

Orkim Sdn Bhd (Orkim)

  • Orkim is one of Malaysia’s leading Clean Petroleum Product (CPP) tanker companies which was founded in 2004 initially as a ship broker business
  • Strong track record of growth and with 17 vessels under ownership and management
  • Transports CPP from refineries to various oil storage terminals throughout the country and currently has 30% market leading share

Investment Rationale:

  • Leading CPP tanker operator serving the top two oil majors in Malaysia
  • Solid company with strong growth dynamics and favourable industry landscape
  • Orkim is backed by strong and highly experienced key management team

Transaction Details:

Investment type
Buy-out of non-core assets of GLC
Ownership
95.5%
Acquisition Date
December 2014