Leaders of Singapore and Malaysia in January launched the zone that links the border region of both countries.
Malaysia’s largest lender Malayan Banking facilitated as much as MYR2.35 billion (US$545 million or $709.6 million) in client investments into the Johor-Singapore Special Economic Zone (JS-SEZ) as part of efforts to promote the region.
Maybank facilitated the submission of letter of intents by Singapore-headquartered clients Alpine Renewables and Edible Oils, Centurion Corp and Thomson Medical Group (SGX:A50
) into the SEZ, according to a statement Monday.
