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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"

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.


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...

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