UOB backs FMM House’s RM3bil green notes to fund Pulau Indah logistics hubs


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.

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