DKSH Holdings (Malaysia) Berhad (“DKSH Malaysia”), via its subsidiary DKSH Malaysia Sdn. Bhd., has successfully debuted its Medium-Term Notes issuance of RM300.0 million (“MTN issuance”) under its newly established Commercial Papers and MTN Programmes of RM800.0 million (“Programmes”).

OCBC Bank (Malaysia) Berhad (“OCBC Malaysia”) acted as the sole Principal Adviser, Lead Arranger, Lead Manager, Sustainability Structuring Adviser and Facility Agent for the Programmes.

DKSH Malaysia is one of the leading market expansion services providers in Malaysia. With over 100 years of experience, DKSH Malaysia is a well-known and reliable partner, providing services to more than 170 clients and thousands of customers in the Business Units Consumer Goods and Healthcare. DKSH is majority-owned by DKSH Holding Ltd., Switzerland, which has its headquarters in Zurich and 160 years of company history in Asia.

The establishment of the Programmes offers a timely opportunity for DKSH Malaysia to diversify its funding sources as part of its strategic initiative to accelerate and expand its business in Malaysia.  It also affirms its commitment to embedding sustainability into the core of its business strategy, ensuring long-term growth that is both responsible and resilient.

The Programmes have been structured with the flexibility to issue sustainability and sustainability-linked MTN to complement the Group’s key sustainability objectives - enabling people to flourish, creating sustainable value chains, achieving net-zero emissions, and making a positive local impact. The sustainability-linked nature of the MTN issuance, which is aligned to DKSH Group’s sustainability targets, is linked to DKSH’s social and environmental commitments – to increase gender equality in its senior leadership team positions, and to reduce Scope 1 and 2 greenhouse gas (GHG) emissions across our operations by 2030.

Sandeep Tewari, Vice President, Healthcare and Head, Country Leadership, Malaysia, DKSH, said: “This marks a first for DKSH Malaysia and represents an important step forward in our financial strategy, enabling us to diversify our funding sources while balancing short-term and long-term financing to fuel our growth. We are grateful for the strong collaboration with OCBC Bank, whose expertise and support have been instrumental in making this possible. Together, we are securing a robust financial future for DKSH Malaysia while contributing to a more sustainable and resilient economy to enrich people’s lives.”

Ms Tan Ai Chin, Managing Director, Senior Banker and Head of Investment Banking, OCBC, said: “OCBC Malaysia is honoured to be entrusted to lead advise and arrange DKSH’s maiden CP and MTN Programmes in the Malaysian capital market. OCBC’s strategic partnership with DKSH Group has spanned across their operations in Singapore, Malaysia, Thailand, and beyond and this milestone achievement reaffirms OCBC Group’s position as a trusted financial partner for reputable multinational corporations like DKSH Group.

“We have continued our pioneering efforts in providing and deepening sustainable financing solutions for our valued clients through the maiden sustainability-linked MTN issued by DKSH Malaysia, which is linked to DKSH’s gender equality and GHG emissions reduction targets. Through such commitment, both of our organisations are aligned in our ongoing efforts to champion diversity, equity and inclusion which is essential for long term business and societal progress.”