Financing facility for Ajinomoto

The five-year facility will be used to part-finance the construction of a new plant at Techpark@Enstek, Bandar Baru Enstek, Negri Sembilan. (File pic shows Ajinomoto factory and office.)

PETALING JAYA: Ajinomoto (Malaysia) Bhd has accepted a sustainability-linked Islamic financing facility of up to RM100mil from MUFG Bank (Malaysia) Bhd.

The five-year facility will be used to part-finance the construction of a new plant at Techpark@Enstek, Bandar Baru Enstek, Negri Sembilan, including the mechanical and electrical engineering works, and the purchase of machinery and equipment, the seasoning manufacturer said in a filing with Bursa Malaysia yesterday. — Bernama