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Tue, Oct

Port of Tanjung Pelepas issues first green Sukuk to fund sustainable growth

Ports World
Port of Tanjung Pelepas issues first green Sukuk to fund sustainable growth

Port of Tanjung Pelepas (PTP), a joint venture between Malaysia’s MMC Group and Netherlands’ APM Terminals, has successfully issued its inaugural Green Sukuk valued at RM500 million. The sukuk is split equally into three- and five-year tenors. Funding Expansion and SustainabilityPTP Chairman Tan Sri Che Khalib Mohamad Noh said the proceeds will fund capacity expansion […]

The post Port of Tanjung Pelepas issues first green Sukuk to fund sustainable growth appeared first on Container News.

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