Boustead Plantations signs green finance agreement

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This is part of its commitment towards boosting its ESG efforts.

“The green financing agreement would allow BPB to complement its ongoing plantations performance improvement programme by optimising the potential of its plantation assets in Sabah,” its chief executive officer Zainal Abidin Shariff said has sealed a RM45mil green financing agreement with China Construction Bank Bhd to facilitate its sustainable replanting exercise.

“The green financing agreement would allow BPB to complement its ongoing plantations performance improvement programme by optimising the potential of its plantation assets in Sabah,” its chief executive officer Zainal Abidin Shariff said in a statement. The agreement was signed by BPB director Ahmad Shahredzuan Mohd Shariff and its company secretary Affendi Mohd Yob, while CCBM was represented by executive vice-president Wang Shaoqiang. Zainal Abidin and CCBM CEO Wang QiJie witnessed the ceremony.

 

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