UOB Malaysia supports launch of FMM House’s RM3.0 billion ASEAN Green MTN Programme

_{Ms Ng Wei Wei, CEO of UOB Malaysia with Tan Sri Dato’ Teo Chiang Hong, Director of FMM House Sdn Bhd at the signing to launch FMM House’s RM3.0 billion ASEAN Green Medium Term Notes Programme.}  
 

Tranche 1 of up to RM630 million to be issued in series to fund the company’s green logistics infrastructure
 
KUALA LUMPUR, Aug 21 (Bernama) -- UOB Malaysia is proud to support the launch of the RM3.0 billion ASEAN Green Medium Term Notes Programme (ASEAN Green MTN Programme) by FMM House Sdn Bhd (FMM House), a landmark initiative aimed at advancing sustainable development for the logistics infrastructure in Malaysia. The Bank acted as the Principal Adviser, Lead Arranger, Lead Manager and Facility Agent for the programme, reinforcing its commitment to green financing and innovation in the capital markets.
 
Proceeds from the series of issuances under Tranche 1 of the ASEAN Green MTN Programme, which carries a 15-year tenor and a total issue size of up to RM630 million, will be used to develop FMM’s three green logistics hubs in Pulau Indah, Klang, Selangor. The ASEAN Green MTN Programme enables multi-tranche issuances to support FMM House’s upcoming eligible logistics infrastructure projects.
 
Ms Ng Wei Wei, Chief Executive Officer of UOB Malaysia, said, “We are proud to support the launch of FMM House’s ASEAN Green MTN Programme. It reflects our shared commitment as like-minded partners in forging a sustainable future. This marks our second green logistics hub project in Selangor, following our earlier support for Global Vision Logistics - the first green-certified logistics development in Malaysia and one of the largest in ASEAN[1]. These initiatives build on UOB Malaysia’s continued efforts to innovate and develop impactful solutions that help clients decarbonise. Through our Sustainable Finance Framework, we remain focused on enabling businesses to adopt responsible practices and transition toward low-carbon, future-ready infrastructure.” 
 
FMM House’s logistics development in Pulau Indah will feature automated warehouse storage systems, with a combined gross floor area of approximately 1.67 million square feet and a storage capacity of around 218,000 pallets. The development includes both ambient and cold room facilities and has achieved a pre-certified Gold Status under Leadership in Energy and Environmental Design (LEED), a globally recognised green building rating system developed by the US Green Building Council, demonstrating FMM House’s commitment to sustainable development. The logistics development will be fully operated by Storio Sdn Bhd, a specialist in smart warehousing and logistics solutions.
 
Tan Sri Dato’ Teo Chiang Hong, Director of FMM House Sdn Bhd, added, “This programme is a key milestone in our journey to redefine logistics infrastructure through automation and sustainability. With UOB Malaysia’s support, we are confident in delivering high-impact developments that meet global green standards and drive long-term value for our stakeholders.”
 
Established in April 2022, FMM House is an investment company focused on industrial property development, with a particular emphasis on automated warehousing technologies that enhance operational efficiency and reduce reliance on manual labour.