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Tiong Seng secures S$125m in green facilities from OCBC, DBS

S$70m OCBC loan to be used exclusively on projects with "clear environmental benefits"
By Vivienne Tay
The Business Times
Tiong Seng secures S$125m in green facilities from OCBC, DBS
CEO Pek Lian Guan says these facilities will allow Tiong Seng to focus on environmental and green objectives to make a positive difference in society.
19 Nov 2019 - 05:50

Singapore

MAINBOARD-LISTED Tiong Seng Holdings has secured S$125 million worth of green loan and environmental performance-linked facilities from OCBC Bank and DBS Bank respectively.

Of that amount, S$70 million - a green loan from OCBC - will be exclusively used on green projects

Tiong SengOCBCDBSgreen loangreen facilitiesenvironmental performance-linked facilities

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