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Royal Group obtains S$250m in Islamic green finance from Maybank

Loan will go towards financing upcoming Raffles Sentosa and existing Sofitel Singapore Sentosa hotels

Published Tue, Mar 23, 2021 · 09:50 PM

Singapore

ROYAL Group, a property investment chain, has obtained Islamic green financing amounting to S$250 million from Maybank Singapore.

This is said to be the world's first such loan in the hospitality sector.