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Ekuinas Marks Bumiputera ‘Relay Race’ Milestone With Orkim Stake Transfer to PNB

Kuala Lumpur, 12 May 2026 – Ekuiti Nasional Bhd has marked the first Bumiputera “relay race” milestone within Malaysia’s government-linked investment company ecosystem following the transfer of a 60% stake in Orkim Bhd to Permodalan Nasional Bhd after the tanker operator’s initial public offering.

The transfer represents a significant step in Malaysia’s institutional capital strategy, where a company nurtured by Ekuinas through its growth phase is passed to PNB for its next stage of long-term ownership and value creation. The model reflects the broader ambition of strengthening Bumiputera corporate participation while preserving national enterprise continuity.

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  • I am Abigail, a journalist at The Ledger Asia, covering business and finance with a focus on the Malaysian Stock Market and key economic developments across Asia. Known for clear, accessible reporting, I deliver insights that help readers understand market trends, corporate movements, and regional news shaping the Asian economy.

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