U-GREEN FINANCING

• Objective
  U-Green Financing to support customers embracing Environmental, Social and Governance ("ESG") and sustainability ambition to achieve zero carbon emission under UOB Green Sustainability Frameworks.
  
  

• Eligibility:
  Open to all entities (SMEs* and Mid-Size** Companies in all industries with annual revenue of not more than RM500.0 million based on their audited accounts (or relevant income tax returns where applicable) for any of the financial year ending 2019 or later:

  • Companies with at least 51% shares held and controlled by Malaysian Citizens

  
  And are duly registered with:

  • Companies Commission of Malaysia either under the Registration of Business Act 1956 or the Companies Act 2016 or Limited Liability Partnership Act 2012; or
  • Respective authorities or district offices in Sabah and Sarawak; or
  • Respective statutory bodies for professional services providers

  
  Excluding:

  • Entities that are public-listed on the main board; and
  • Subsidiaries of:
    • Public-listed companies on the main board;
    • Government-linked companies (GLCs);
    • Syarikat Menteri Kewangan Diperbadankan (MKDs); and
    • State-owned enterprises

   

• Availability Period
  Open until full utilisation of the scheme limit of up to RM1.0B.

Terms and conditions apply.

*Sales turnover and number of full-time employees are the two criteria used in determining the definition with the “OR” basis as follows:

• For the manufacturing sector, SMEs are defined as firms with annual sales turnover not exceeding RM50 million OR number of full-time employees not exceeding 200
• For the services and other sectors, SMEs are defined as firms with annual sales turnover not exceeding RM20 million OR number of full-time employees not exceeding 75

Source : www.smecorp.gov.my/index.php/en/policies/2020-02-11-08-01-24/sme-definition

**Annual revenue of not more than RM500 million based on their audited accounts (or relevant income tax returns where applicable)
Source : https://sjpp.com.my/schemes/pggs