Gamuda partners OCBC Malaysia for Islamic ESG-linked financing

Tan Ai Chin

KUALA LUMPUR: Gamuda Bhd has partnered with OCBC Bank (M) Bhd and OCBC Al-Amin Bank Bhd (collectively OCBC Malaysia) for its inaugural shariah-compliant sustainability-linked financing facility with an embedded sustainable derivative solution.

OCBC Malaysia is the sole sustainability structuring adviser for Gamuda's maiden ESG-linked holistic financing solution totalling up to RM550mil.