Green Bond Fact Sheet

The Pasukhas Group issued a MYR200m (USD49.2m) Green Sukuk on February 26, 2019, with a 10-year tenor. This issuance marks the first green bond/Sukuk from Malaysia in 2019 and the first guaranteed by Danajamin Nasional. Proceeds are earmarked for various green assets, starting with a 3.2MW hydropower plant in Kelantan. The issuer has committed to annual reporting on the allocation of funds and the resulting environmental benefits.

• On 26-02-2019, the Pasukhas Group, a non-financial corporate based in Malaysia, issued a Green Sukuk totaling MYR200m (USD49.2m) with a 10-year tenor and a maturity date of 26-02-2029.
• The issuance is noted as the first green bond or Sukuk from Malaysia in 2019 and the first to be guaranteed by Danajamin Nasional, which is described as Malaysia's first financial guarantee insurer.
• Proceeds from the Sukuk are intended to expand the issuer's green asset portfolio across categories including renewable energy, energy efficiency, sustainable land use/forestry/agriculture, biodiversity conservation, remediation/redevelopment of contaminated sites, water infrastructure, treatment and recycling, and waste management.
• The first green asset identified for financing is a small hydropower plant located at Sungai Rek, Kelantan, which has an installed capacity of 3.2MW; a portion of the proceeds will be used to refinance a facility for the plant's construction.
• Pasukhas Group commits to disclosing information on the use of proceeds, project evaluation, and management of proceeds via an information memorandum and its website. The issuer intends to provide annual reporting on eligible SRI projects, including descriptions, earmarked amounts, utilized amounts, unutilized amounts, and, where feasible, impact objectives, as well as environmental benefits such as annual energy produced and installed capacity.

APA

Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-02%20MA%20Pasukhas%20Group.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-02%20MA%20Pasukhas%20Group.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=9 July 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-02%20MA%20Pasukhas%20Group.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2019green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2019}, month = jul, url = {https://www.climatebonds.net/files/drupal-files/files/2019-02%20MA%20Pasukhas%20Group.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }