KUALA LUMPUR, United Overseas Bank (Malaysia) Bhd (UOB Malaysia) is partnering with FMM House Sdn Bhd to launch its RM3 billion ASEAN Green Medium Term Notes (MTN) Programme, aimed at driving sustainable growth in Malaysia’s logistics infrastructure.
UOB Malaysia is acting as the principal adviser, lead arranger, lead manager, and facility agent for the programme, underscoring the bank’s commitment to advancing green financing and innovation in the capital markets.
Chief executive officer Ng Wei Wei said this represents UOB Malaysia’s second green logistics hub project in Selangor, following its earlier support for Global Vision Logistics, which was Malaysia’s first green-certified logistics development and one of the largest in ASEAN.
“These initiatives reflect our continued efforts to deliver innovative solutions that support clients in decarbonising and transitioning to low-carbon, future-ready infrastructure,” Ng said in a statement.
Proceeds from Tranche 1, valued at up to RM630 million with a 15-year tenor, will go toward developing three green logistics hubs in Pulau Indah, Klang, Selangor. The programme, structured for multi-tranche issuances, will provide financing for FMM House’s future logistics infrastructure projects.
“This programme is a key milestone in redefining logistics infrastructure through automation and sustainability. With UOB Malaysia’s backing, we are confident in delivering world-class, green-certified developments that create long-term value,” said FMM House director Tan Sri Teo Chiang Hong.
The Pulau Indah development will feature automated warehouse storage systems with a gross floor area of 1.67 million square feet, a storage capacity of 218,000 pallets, and both ambient and cold room facilities. The project has also secured pre-certified Gold Status under the Leadership in Energy and Environmental Design (LEED) framework, a globally recognised green building standard.
