HSBC Amanah providing green financing


Ikano Centres is a part of Ikano Retail, which operates Ikea stores in five countries as well as shopping centres that are anchored by Ikea, according to HSBC Amanah in a statement.

JOHOR BARU: HSBC Amanah will provide green financing to Ikano Centres to boost the sustainable development of its Johor retail hub comprising the Toppen Shopping Centre and Ikea Tebrau.

Ikano Centres is a part of Ikano Retail, which operates Ikea stores in five countries as well as shopping centres that are anchored by Ikea, according to HSBC Amanah in a statement.

“The proceeds from the refinancing facility will contribute to ongoing projects that will support Ikano Centres,” it said. — Bernama

Article type: free
User access status:
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

   

Next In Business News

Investors take pause ahead of earnings results
Agmo makes strong debut on ACE Market at 80 sen
Ringgit opens easier against US$ following release of Fed minutes
Sime Darby's earnings to stay resilient amid challenges
FBM KLCI stays positive amid broad selling on Bursa
Trading ideas: AMMB, MMHE, Swift Haulage, Teladan Setia, Kuala Lumpur Kepong, Sime Darby, Tenaga Nasional, PMB Technology and Malaysia Pacific Corp
Elon Musk’s ‘joke’ ManU tweet unlikely to land him regulator’s red card, say legal experts
Santos confident Australia will not trigger gas export curbs
Malaysia aims to learn from Thailand in push for medical use of cannabis
Oil edges off low as strong export demand drains US crude stocks

Others Also Read