<div id="readability-page-1"><div> By Megan Cheah <pre></pre> A unit of Singapore lender Oversea-Chinese Banking Corp. is investing in a steel producer to aid the development of $1.5 billion low-carbon steel project. The investment will help build a plant producing hot-briquetted iron--a critical component in low-carbon steel production--within the wider Malaysian project, which is estimated to have an annual production capacity of 2.5 million metric tons, OCBC said Monday. The plant is scheduled for commissioning by 2030. The funding was extended by OCBC's mezzanine capital unit to Singapore-based Green Esteel, which focuses on low-carbon steel production and prefabrication. The investment amount wasn't disclosed. Green Esteel is a major shareholder of Singapore-listed steel company BRC Asia. OCBC said low-carbon steel production can potentially cut carbon emissions by up to 80% compared with traditional methods. &#34;With demand for low-carbon steel expected to rise sharply around the world, we are confident that our equity investment in Esteel offers strong potential for long-term growth returns,&#34; said Gan Kok Kim, head of global investment banking at OCBC. Shares of OCBC fell 0.7% to 18.78 Singapore dollars, equivalent to US$14.49, as of the midday break on Monday. <pre></pre> Write to Megan Cheah at megan.cheah@wsj.com <pre></pre> (END) Dow Jones Newswires December 08, 2025 00:10 ET (05:10 GMT)Copyright (c) 2025 Dow Jones &amp; Company, Inc.</div></div>

华侨银行

华侨银行的夹层资本部门正在投资 Green Esteel，以支持一项价值 15 亿美元的低碳钢项目，该项目位于马来西亚。该工厂旨在到 2030 年生产 250 万吨热压铁，这对低碳钢至关重要。这项投资与全球对低碳钢日益增长的需求相一致，可能减少 80% 的排放。华侨银行的股价在公告后下跌了 0.7%

华侨银行的子公司投资于新加坡的一家钢铁生产商，以支持一个价值 15 亿美元的项目