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UEM Group to issue RM7bil sukuk for green foray, seeks organic growth and potential M&As
4 Jul 2023 | Tuesday Source: New Straits Times
UEM Group Bhd, the green investment platform of Khazanah Nasional Bhd, plans to issue RM7 billion sustainable sukuk, seeking to grow its assets organically as well as explore mergers and acquisitions over the next five years.
UEM Group is also seeking strategic partnerships as it takes a proactive approach to further develop green industry in the country under its newly-formed, wholly-owned UEM Lestra Bhd.
