PETALING JAYA: FE Green PET (M) Sdn Bhd, a wholly-owned subsidiary of Taiwan’s Far Eastern New Century Group (FENC), has secured RM150mil in green and sustainability-linked financing from HSBC Malaysia.
In a statement, HSBC Malaysia said this marks FENC’s global debut in green and sustainability-linked financing and will fund the expansion of FE Green PET’s recycled polyethylene terephthalate (rPET) resin production plant in Melaka.
