SEDC Energy (SEDCE) Signs Pact with UOB Malaysia to finance its supply chain and green transition projects
The MoU to support Sarawak’s local businesses and renewable energy ambition Kuching, Sarawak, June 6, 2024 – UOB Malaysia and SEDC Energy (SEDCE) today signed a Memorandum of Understanding (MOU) to strengthen collaboration in supporting businesses in Sarawak and the state’s new energy sector. Under the MoU, UOB Malaysia will empower SEDCE’s supply chain ecosystem of suppliers, vendors and contractors by providing them with greater access to financing. Through the Bank’s Financial Supply Chain Management (FSCM) Programme, these local enterprises will be able to access a suite of banking services for working capital and transactional needs, including tailor-made trade finance,