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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"

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Vivienne Tay

Vivienne Tay

Published Mon, Nov 18, 2019 · 09:50 PM

    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, the group said in a regulatory filing on Monday.

    Tiong SengOCBCDBSConstruction

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