You are here

Home > Companies & Markets
GREEN BANKING

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"
Tue, Nov 19, 2019 - 5:50 AM
vtay@VivienneTayBT

BT_20191119_VTTIONG19_3953642.jpg
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.

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...

sentifi.com

Market voices on:

BREAKING

Dec 10, 2019 08:23 AM
Companies & Markets

MindChamps shares tumble 24.8% on Monday afternoon; prompting SGX query

SHARES in MindChamps PreSchool sank by as much as 24.8 per cent to 38 Singapore cents on Monday afternoon, hitting a...

Dec 10, 2019 08:20 AM
Stocks

Stocks to watch: SunMoon, Stamford Tyres, Mapletree Logistics Trust, MindChamps

THE following companies saw new developments that may affect trading of their shares on Tuesday:

Dec 10, 2019 08:17 AM
Companies & Markets

SunMoon unit gets statutory demand for US$1.2m from food supplier

FRUITS distributor SunMoon Food Company on Tuesday said its wholly-owned subsidiary has received a statutory demand ...

Dec 10, 2019 08:15 AM
Banking & Finance

HSBC eyes selling retail bank business in France: sources

[PARIS] HSBC bank is looking to sell part or all of its retail banking business in France, which employs thousands...

Dec 10, 2019 08:13 AM
Stocks

Tokyo: Stocks open lower in cautious trade

[TOKYO] Tokyo stocks opened lower on Tuesday in cautious trade ahead of key events this week including the US...

Purchase this article
subscribe to
The Business Times
Stay connected with The Business Times
premium content on your favourite platforms
CALL 6388 3838
SUBSCRIBE NOW
Download Our
Apps
Stay up to date with The Business Times for
Stay Updated
Choose which free BT newsletters to sign up for here, or get them all below:
Breakfast Brief
every morning
Daily Debrief
every evening
BT Garage
weekly
BT Lifestyle
weekly