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Orkim plans CNY 250.6 million acquisition of two vessels

Orkim plans CNY 250.6 million acquisition of two vessels

BitgetBitget2026/11/05 04:40
  • Orkim plans to acquire two vessels for CNY 250.6 million (approximately RM 153.27 million).
  • Each vessel costs CNY 125.3 million (approximately RM 76.63 million).
  • Delivery is scheduled for 2028 and 2029, respectively, with both vessels to be registered in Malaysia.
  • Term loan financing is targeted to cover 80%–90% of the purchase price, with internally generated funds covering the remaining 10%–20%.
  • Payments will follow construction milestones; term loan drawdowns are expected to proceed progressively, subject to final financing arrangements.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Orkim Berhad published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3722291) on November 05, 2026, and is solely responsible for the information contained therein.

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