<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>

華僑銀行

華僑銀行的夾層資本部門正在投資 Green Esteel，以支持一項價值 15 億美元的低碳鋼項目，該項目位於馬來西亞。該工廠旨在到 2030 年生產 250 萬噸熱壓鐵，這對低碳鋼至關重要。這項投資與全球對低碳鋼日益增長的需求相一致，可能減少 80% 的排放。華僑銀行的股價在公告後下跌了 0.7%

華僑銀行的子公司投資於新加坡的一家鋼鐵生產商，以支持一個價值 15 億美元的項目