The Tanjung Bin Power Plant (coal-fired) in Johor
THE much-anticipated listing of 1MDB Energy Bhd, the power arm of 1Malaysia Development Bhd (1MDB), will unveil several new developments, among them an indicative dividend yield of 2.5% to 3.5%, sources say.
From a yield play perspective this appear a little unattractive, which in turn indicates that the sovereign fund would be banking on its growth story to lure investors to put their money into the IPO.
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