Kuala Lumpur, 20 March 2024 - Cagamas Berhad (“Cagamas”/ “the Company”), the National Mortgage Corporation of Malaysia, was honoured with two prestigious awards - Best Issuer for Sustainable Finance (Malaysia) and Best Issuer, by leading financial publication The Asset at The Asset’s Triple A Sustainable Finance Awards 2024, in Hong Kong. The award was in recognition of Cagamas’ role in the facilitation of liquidity within a developing green capital market and supports the broader objective of transitioning to a low-carbon economy.
“We are delighted to receive these awards from The Asset, which reflect our commitment to support the development of the green capital market in Malaysia and the region. As the Mortgage Corporation of Malaysia, we have a unique opportunity and responsibility to promote affordable and green housing, as well as to support the financial inclusion and social well- being of the communities that we serve,” said Kameel Abdul Halim, President/Chief Executive Officer of Cagamas.
He added, “We are grateful for the strong support from our stakeholders who have enabled us to achieve these milestones. We will continue to prioritise innovation and collaboration to broaden our funding avenues and diversify our investor base.”
The Asset’s Sustainable Finance Awards honour the past-quarter century’s market-defining issuers that helped chart the region’s rise. The awards are based on a rigorous evaluation process that considers the issuer’s strategy, execution, outcome, and impact of the transactions, as well as the issuer’s overall sustainability performance and initiatives.