Global Vision Logistics sets up RM1.5bil Asean Green SRI sukuk programme


UOB Malaysia chief executive officer Ng Wei Wei (left) and GVL chairman Oh Kim Sun (right).

KUALA LUMPUR: Global Vision Logistics Sdn Bhd (GVL) has established its inaugural RM1.5 billion Asean Green Sustainable and Responsible Investment (SRI) Sukuk programme.

The programme would fund its development of the Shah Alam International Logistics Hub (SAILH), which will be the first green-certified logistics hub in the country and one of the largest in Asean, GVL and United Overseas Bank (M) Bhd (UOB Malaysia) said in a joint statement today.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
GVL , SRI Sukuk , SAILH , GreenRE , UOB Malaysia

Next In Business News

Wall St set to open higher as tech rebounds, Micron earnings eyed
More stranded oil tankers exit Hormuz, adding to global supply
Eckem IPO oversubscribed 8.09 times ahead of ACE Market debut
Mi Technovation proposes listing of semiconductor unit on SGX
Sealink seeks higher offer price for Carimin privatisation proposal
Ringgit extends gains on strong Malaysian economic data
LB Aluminium cautiously optimistic on profitability
ES Sunlogy sees growth opportunities in M&E, renewable energy
Kee Ming bags M&E sub-contract job
Hong Seng changes name to Aimax Bhd

Others Also Read