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Financiers ink memorandum on SJREC financing framework

KUALA LUMPUR: Malayan Banking Bhd (Maybank), DBS Bank Ltd, the International Finance Corporation and project sponsor Ditrolic Energy Holdings Sdn Bhd have formally exchanged the Southern Johor Renewable Energy Corridor (SJREC) Project Bankability and Financing Framework Memorandum at the 19th Singapore International Energy Week 2026.

The Star MalaysiaThe Star2026-10-26 05:51查看原文 ↗

Memorandum exchange between Lim Wee Seng, Group Head of Energy, Renewables and Infrastructure, Project Finance, Strategic Advisory and Sustainability, DBS (fourth from left), Vikram Kumar, Director for Infrastructure and Natural Resources in Asia Pacific, IFC (third from left), Michael Oh-Lau, CEO, Maybank Investment Banking Group (3rd from right), and Tham Chee Aun, Group Chief Executive Officer of Ditrolic Energy (second from left). Witnessed by Datuk Amar Fadillah Yusof, Deputy Prime Minister of Malaysia, and Minister of Energy Transition and Water Transformation (second from right), Tan See Leng, Minister for Energy, Trade and Industry, Singapore (left) and Datuk Ramlee A Rahman, President and Chief Executive, Permodalan Darul Ta'zim (right).

In a joint statement, the parties said the milestone agreement establishes a collaborative framework designed to strengthen the bankability and financial readiness of the ambitious cross-border clean energy project, marking a key step forward in Malaysia-Singapore renewable energy cooperation.

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