PORT OF TANJUNG PELEPAS ISSUES INAUGURAL GREEN SUKUK TO ADVANCE SUSTAINABLE PORT DEVELOPMENT
FOR IMMEDIATE RELEASE
JOHOR PORT WELCOMES THE ARRIVAL OF TWO NEW QUAY CRANES TO FURTHER STRENGTHEN ITS CONTAINER HANDLING CAPABILITIES
JOHOR PORT WELCOMES THE ARRIVAL OF TWO NEW QUAY CRANES TO FURTHER STRENGTHEN ITS CONTAINER HANDLING CAPABILITIES
ISKANDAR PUTERI, 22 October 2025–– Port of Tanjung Pelepas (PTP), a joint venture between Malaysia-based MMC Group and Netherlands-based APM Terminals, has successfully issued its inaugural Green Sukuk, reinforcing its commitment to sustainability and responsible investment.
The issuance, valued at RM500 million and split equally across three- and five-year tenors, reinforces PTP’s commitment to responsible growth and environmental stewardship.
PTP Chairman Tan Sri Che Khalib Mohamad Noh stated, “Proceeds from the Green Sukuk will be used to fund PTP’s capacity expansion, enabling the terminal to continue serving our customers’ growing needs across export, import and transshipment cargo.”
“This is part of a larger investment plan aimed at increasing the terminal’s handling capacity to 15.9 million twenty-foot equivalent units (TEUs) annually within the next few years,” he said, adding that the development supports Malaysia’s maritime ambitions.
PTP Chief Executive Officer Mark Hardiman commented, “The issuance attracted overwhelming demand from the market, achieving significant oversubscription.”
“The strong investor appetite gives us both comfort and confidence for future issuances to support our long-term growth plans.”
“It also underscores the trust investors place in our ability to deliver operational excellence while advancing sustainability,” he said.
Hardiman also added, “This year, as we proudly celebrate PTP’s 25th Anniversary, issuing this Green Sukuk carries deeper meaning. It is not merely a financing milestone, but a demonstration that environmental integrity, financial discipline and innovation can coalesce in a single instrument.”
PTP has recently been rated by Alphaliner as the world’s fastest-growing port at +15.4% in the first half of 2025, marking the highest growth rate among the Top 30 global ports under the research house’s ranking.
PTP also accomplished remarkable operational milestones over the past months, surpassing 1.2 million TEUs handled each month between April and June 2025 without congestion, and achieving more than 15,000 moves in a single 12-hour shift. These achievements demonstrate the terminal’s exceptional capability and operational excellence, reflecting the precision, discipline and synchronisation that drive PTP’s continued success.
Photo caption: Port of Tanjung Pelepas (PTP), a joint venture between Malaysia-based MMC Group and Netherlands-based APM Terminals, has successfully issued its inaugural Green Sukuk, reinforcing its commitment to sustainability and responsible investment.
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ABOUT KONTENA NASIONAL BERHAD
Kontena Nasional Berhad (KNB) is Malaysia’s premier logistics company with 50 years of experience in logistics operations. KNB began operations in 1971 when containerisation was introduced to the country.
Since its inception, it has expanded its business from just container haulage to international freight forwarding, warehousing, distribution, supply chain solutions, cold chain solution and Halal logistics.
Today, KNB is one of Malaysia’s largest one-stop logistics companies providing comprehensive logistics solutions customised to customer’s requirements.
For more information, please log on to www.kn.com.my.
ABOUT MMC CORPORATION BERHAD
MMC Corporation Berhad (“MMC”) is a leading utilities and infrastructure group with diversified businesses in Malaysia and abroad under four divisions, namely Ports and Logistics, Energy and Utilities, Engineering and Industrial Development. Its key businesses under the Ports and Logistics Division includes the port operations of Pelabuhan Tanjung Pelepas Sdn Bhd, Johor Port Berhad, Northport (Malaysia) Bhd, Penang Port Sdn Bhd, Tanjung Bruas Port Sdn Bhd and Kontena Nasional Berhad, a logistics provider. Internationally, MMC has presence in Saudi Arabia via Red Sea Gateway Terminal Company Limited, a container port terminal within the Jeddah Islamic Port.
Under the Energy and Utilities Division, Malakoff Corporation Berhad is the largest Independent Power Producer in Malaysia and its subsidiary, Alam Flora Sdn Bhd is one of the leading environmental management companies in the country. Under Gas Malaysia Berhad, MMC is the supplier of reticulated natural gas in Peninsular Malaysia operating and maintaining 2,600 kilometres of Natural Gas Distribution System network. Through Aliran Ihsan Resources Berhad, MMC provides full-fledge water services using high technology treatment in Malaysia.
MMC’s Engineering Division has played a leading role on the elevated section as well as the main contractor for the underground work package for the 51-kilometre Klang Valley Mass Rapid Transit (“KVMRT”) Kajang Line including 9.5 kilometres underground works. Currently, MMC is the main turnkey contractor for the entire 52.2 kilometres KVMRT Putrajaya Line. MMC has also successfully completed the 329-kilometre Ipoh-Padang Besar Electrified Double Tracking Project as well as the innovative Stormwater Management and Road Tunnel (“SMART”) motorway, the first of its kind, dual-purpose tunnel in the world.
MMC is currently in the final stage of completing the Langat Centralised Sewerage Treatment Plant which will serve 920,000 Population Equivalent and Langat 2 Water Treatment Plant which will supply 1,130 million litres of treated water per day.
MMC’s Industrial Development Division develops and manages approximately 5,000 acres of industrial developments namely Senai Airport City (“SAC”) and Tanjung Bin Industrial Park (“TBIP”) in Iskandar Malaysia, Johor and Northern Technocity (“NTC”) in Kulim Kedah. The SAC, TBIP and NTC developments come under the ambit of MMC’s Industrial Development Division, operating under three companies namely Senai Airport City Sdn Bhd, Seaport Worldwide Sdn Bhd and Northern Technocity Sdn Bhd.
In other business, through Senai Airport Terminal Services Sdn Bhd, MMC is the operator of Senai International Airport in Johor Bahru – the southern aviation hub and an important gateway to Iskandar Malaysia and Kerteh Airport in Terengganu.
Enquiries
Please log on to www.mmc.com.my or call:
Nor Sazlenna Johan, Executive Corporate Communications, Kontena Nasional Berhad, tel: +6018 201 2286 / +603 7876 1933, email: noor.sazlenna@kn.com.my
Azlina Ashar, Head of Group Corporate Communications, MMC Corporation Berhad, tel: +6019 6688 990 / +603 2071 1124, email: azlina.ashar@mmc.com.my
