^{UOB Plaza 1 Kuala Lumpur}


KUALA LUMPUR, Malaysia, Dec 11 (Bernama) -- UOB Malaysia today announced the successful pricing and private placement of EXSIM Group’s RM365 million four-year ASEAN Green Sustainable and Responsible Investment (SRI) Sukuk Musharakah. This is EXSIM’s inaugural green issuance under the newly-established ASEAN SRI Sukuk Framework, and UOB Malaysia is the Lead Arranger and Lead Manager for this transaction.
 
The ASEAN Green SRI Sukuk Musharakah, rated AA3 with a stable outlook by RAM Holdings Berhad, was also supported by unrated Islamic Commercial Papers amounting to RM85 million. The issuance received overwhelming response from investors, with total order exceeding 3.9 times its issuance size.
 
Ms Ng Wei Wei, Chief Executive Officer, UOB Malaysia, said, "We are very pleased to continue supporting EXSIM Group, a long-standing customer of UOB Malaysia, in their growth and sustainability journey. It is indeed an honour to be entrusted with the company’s inaugural sustainability issue under their newly established ASEAN SRI Sukuk Framework. The overwhelming response of the issuance clearly reflects investors’ growing demand for quality green investments and their confidence towards EXSIM’s green development projects.”
 
“As Malaysian consumers continue to shift favourably towards sustainability practices, the green real estate sector holds great potential and can contribute significantly to Malaysia’s net zero ambitions. UOB Malaysia is committed to leverage our expertise to support the development of this sector and our clients’ transition to sustainability to capture new opportunities.”
 
The proceeds from the ASEAN Green SRI Sukuk Musharakah issuance will be used by the Issuer to acquire EXSIM Group's latest eligible assets, namely the beneficial interests in two of their development projects - D’Clover and D’Terra Residences. These residential development projects located in Damansara Perdana, have received the provisional Gold certifications from GreenRE.
 
Mr Lim Aik Hoe, Managing Director of EXSIM Group, said, "We are pleased to once again receive the support from UOB Malaysia that resulted in the first ASEAN Green SRI Sukuk issuance for EXSIM to monetise these green projects. We are committed to environmental stewardship where responsible development and eco-conscious living seamlessly co-exist, thus creating long-lasting value for both our homebuyers and the planet."
 
UOB Malaysia has been the sole arranger and manager for previous tranches issued under EXSIM’s RM2 billion Sukuk Musharakah Programme established in 2019 and structured by NewParadigm Capital Markets Sdn Bhd¹. Under the programme, the award-winning structured finance transactions monetised progress billings of EXSIM Group’s development projects in the Klang Valley.

About UOB Malaysia
 
UOB Malaysia is rated among the top banks in Malaysia with a long-term AAA rating from Ratings Agency of Malaysia. It has over seven decades of presence in the country, and operates 55 branches nationwide, offering both conventional and Islamic banking services to its customers.

UOB Malaysia is a subsidiary of UOB, a leading bank in Asia with a global network of around 500 offices in 19 countries and territories in Asia Pacific, Europe, and North America. UOB has adopted a customer-centric approach to creating long-term value by staying relevant through its enterprising spirit and doing right by its customers. UOB is focused on building the future of ASEAN – for the people and businesses within, and connecting with ASEAN.

The Bank connects businesses to opportunities in the region with its unparalleled regional footprint and leverages data and insights to innovate and create personalised banking experiences and solutions catering to each customer’s unique needs and evolving preferences. UOB is also committed to helping businesses forge a sustainable future, by fostering social inclusiveness, creating positive environmental impact and pursuing economic progress. UOB believes in being a responsible financial services provider and is steadfast in its support of art, social development of children and education, doing right by its communities and stakeholders.

For further information, please visit www.uob.com.my.  

¹ NewParadigm Capital Markets is an independent corporate finance advisory firm licensed by Securities Commission Malaysia. It is focused on providing financial advice on mergers and acquisitions, restructuring exercises, capital raising and strategic advisory.


Source: UOB Malaysia

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Nizam Arop
Brand, Media and Communications
Tel: 603- 2638 6304/ 6017-333 6329 
Email: nizam.arop@uob.com.my 

Name: Sharie Elina Ibrahim
Brand, Media and Communications
Tel: 603-2638 6589/ 6012-682 6300
Email: sharie.elina@uob.com.my