United Overseas Bank (M) Bhd CEO Ng Wei Wei (left) and FMM House Sdn Bhd director Tan Sri Teo Chiang Hong (right).
KUALA LUMPUR: United Overseas Bank (M) Bhd (UOB Malaysia) supported the launch of FMM House Sdn Bhd’s RM3bil Asean green medium-term notes programme (Asean Green MTN Programme), serving as principal adviser, lead arranger, lead manager and facility agent.
In a statement, the bank said proceeds from Tranche 1 of the Asean Green MTN Programme, with a 15-year tenor and issue size of up to RM630mil, will fund the development of FMM’s three green logistics hubs in Pulau Indah, Klang, Selangor.
