VAT Manufacturing solar PV installation.
KUALA LUMPUR: OCBC Bank (Malaysia) Bhd (OCBC Bank) and MFP Solar Sdn Bhd have concluded an agreement for the setting up of a RM100mil facility to finance the development of multiple rooftop solar photovoltaic plants.
The Malaysian Rating Corporation (MARC) had earlier performed a green loan assessment on the loan facility and assigned it a gold assessment.
In a joint statement issued by OCBC Bank and MARC on Monday, they had closed the externally reviewed multi-tranche green term loan facility for MFP Solar.
Each tranche of the Facility will be a standalone term loan that will exclusively finance the project cost of an eligible rooftop solar photovoltaic plant.
05/10/2021 | Press release | Distributed by Public on 05/10/2021 00:24
OCBC Bank and MFP Solar conclude agreement for Green Term Loan rated Gold by MARC, setting a new milestone for domestic sustainable financing market
Posted Date: May 10, 2021
Malaysian Rating Corporation Berhad (MARC) and OCBC Bank (Malaysia) Berhad (OCBC Bank) today announced the closing of an externally reviewed multi-tranche Green Term Loan Facility (Facility) for MFP Solar Sdn Bhd (MFP Solar). The agreement facilitates the establishment of a RM100 million Facility between OCBC Bank and MFP Solar which will be utilised to finance the development of multiple rooftop solar photovoltaic (PV) installations under a single master facility structure.
KUALA LUMPUR, May 9 Several more federal and state lawmakers from Pakatan Harapan have rallied behind student Ain Husniza Saiful Nizam in a growing solidarity movement after she was threatened with expulsion from her school for missing classes after she revealed a teacher’s rape joke. The.
MP SPEAKS | Rape joke : Why is the teacher still on duty?
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MP SPEAKS | The government is sending a dangerous message to sexual predators by still allowing teacher who made a joke about rape, sodomy and sexual grooming to teach and interact with students.
Yesterday, in an online forum with opposition leader Anwar Ibrahim, student Ain Husniza Saiful Nizam who exposed a teacher after he made lewd, sexist remarks in the classroom and trivialised rape, stated that the teacher is still teaching in her school and not temporarily suspended pending investigations.
The teacher was also said to have tried to defend himself in front of other students and claimed he was slandered.
Ikano Centres appoints Dragon Rouge to manage branding duties for Batu Kawan mall Details 05 May 2021
IKEA Southeast Asia s shopping centre arm, Ikano Centres, has appointed Dragon Rouge to handle branding duties for its retail shopping centre at Batu Kawan, Penang, following a pitch held in late March which saw four other agencies vying for the account. IKEA first opened its store at Batu Kawan in 2019 and the next phase of this development comprises a shopping centre offering a retail mix of F&B, fashion and beauty, as well as home and living, among others. Meanwhile, a drive-thru F&B concept was launched in Penang last year.