Free RM1,500*Open Moomoo AccountRM0.92/share · Listed: 9 Dec 2025
IPO Price
RM0.92
Proceeds
TBC
Oversubscribed
TBC
1st-Day Gain
TBC
ORKIM Berhad is an oil and gas shipping company providing marine transportation services for petroleum products. The Main Market listing in December 2025 at RM0.92/share was one of the final major IPOs of the year. ORKIM operates a fleet of tankers serving the domestic and regional petroleum supply chain.
No research house has published a fair value for ORKIM Berhad that we can verify. That is common for smaller ACE Market listings, which often get no analyst coverage before debut — it means there is no professional valuation anchor for this IPO, and the offer price is the only reference point you have. Read the prospectus rather than relying on an estimate that does not exist.
Work out which balloting tier your capital reaches — and the smallest application that reaches it.
Your tier
Tier 4 — 3,000 to 5,900 shares
Apply for 3,000 shares (30 lots) at a cost of RM2,760.00.
Your capital could stretch to 5,400 shares (RM4,968.00), but that sits in the same tier — the ballot treats both applications identically. Applying the tier minimum instead frees RM2,208.00 with no change to your chances.
To reach Tier 5 (6,000+ shares) you would need about RM5,520.00. Higher tiers are balloted for larger allotments, though they also commit more capital.
Tier boundaries are standard across Bursa ballots. How many shares each tier actually receives is different for every IPO — it depends on the size of the public tranche and how many people applied, and is only published in that IPO's basis-of-allotment notice after balloting. This tool shows which tier you reach and the efficient application; it cannot predict your allotment, and neither can anyone else before the ballot. Boundaries verified against a Malaysian Issuing House basis of allotment.
Download Moomoo Malaysia app
Available on iOS and Android. Create an account with full KYC (IC + selfie). Free to register.
Open CDS Account-IPO
Go to Accounts → CDS Account-IPO. Fill in personal and bank details. Processed in under 2 business days.
Fund your Moomoo account
Transfer ringgit into your Moomoo cash balance. Minimum 1 lot × IPO price (e.g. 100 shares × RM0.38 = RM38).
Find ORKIM under IPO section
Tap Markets → IPO. Select the listing when it opens for subscription. View company details and subscription period.
Submit your application
Enter number of lots, confirm funding method (cash or IPO financing at 6.8% p.a.). Fees: RM0 subscription fee.
Wait for balloting results
Results shown in-app. If not allotted — no charge. If allotted — shares go to your CDS Account-IPO then Moomoo account.
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