Market Chatter: Hong Leong-GuocoLand Consortium Secure Green Loan to Fund Tengah Project

MT Newswires

06-04

Hong Leong Holdings (SGX:H78), along with GuocoLand (SGX:F17) and CSC Land Group, secured a green loan worth SG$692 million to fund an eco-friendly town development in Tengah, Singapore, according to a report by the Singapore Business Review on Tuesday.

The consortium intends to use the loan for green infrastructure and ecological integration, the report said.

Tengah forest estate spans around 700 hectares and is the city-state's first new housing board town in 20 years, according to the report. The project will include 860 homes and retail attractions, the report noted.

DBS and OCBC provided the loan, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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The project will include 860 homes and retail attractions, the report noted.</p><p>DBS and OCBC provided the loan, according to the report.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2540035086","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2540035086","pubTimestamp":1749015850,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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The project will include 860 homes and retail attractions, the report noted.DBS and OCBC provided the loan, according to the report.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}