Ekuinas, is working with advisers to divest Orkim in a deal that could value the business at as much as RM1bil, the sources said. An initial public offering in Kuala Lumpur is also an option for Orkim, said the sources
KUALA LUMPUR: Ekuiti Nasional Bhd (Ekuinas) is exploring options for its stake in Malaysian oil tanker operator Orkim Sdn Bhd, including a potential sale, according to sources.
Ekuinas, is working with advisers to divest Orkim in a deal that could value the business at as much as RM1bil, the sources said. An initial public offering in Kuala Lumpur is also an option for Orkim, said the sources.
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