Sarawak Energy gets RM100m sustainability loan from CIMB Bank


At the SLL virtual acceptance ceremony: (From top left to bottom left) Sarawak Energy chairman, Datuk Amar Abdul Hamed Sepawi; its group CEO, Datu Sharbini Suhaili and chief financial officer, Alexander Chin. (From top right to bottom right) CEO of CIMB Investment Bank, Jefferi Hashim; group head of corporate banking, CIMB Bank, Lo Nyen Khing; and head of group sustainability, CIMB Group, Luanne Sieh.

KUALA LUMPUR: Sarawak Energy Bhd secured a RM100mil sustainability-linked loan (SLL) in the form of a revolving credit facility from CIMB Bank Bhd.

In a joint statement on Thursday, Sarawak Energy was the first East Malaysian company and the first utility company in Malaysia, to secure a loan linked to measurable sustainability performance targets (SPTs).

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