TNB buys Jimah stake


Jimah plant: An aerial view of the Jimah 1400MW coal-fired power plant in Mukim Jimah, Negri Sembilan.

Utility paying 1MDB RM47mil for 70% in power firm

KUALA LUMPUR: Tenaga Nasional Bhd (TNB) is buying 1Malaysia Development Bhd’s (1MDB) 70% stake in Jimah East Power Sdn Bhd (JEP) for RM46.98mil.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , TNB

   

Next In Business News

FBM KLCI remains in bullish mode on US corporate results beat
Trading ideas: MAHB, Capital A, Chin Hin, Cypark, Gadang, Comfort Gloves, HHRG, Haily
Crest Builder unit bags RM486mil job
Axis-REIT shows improved quarterly performance
Vietnam apparel companies raise concerns over 2H production
PMIs improve even as weak yen intensifies price pressures
Optimistic outlook for Grade A premium offices
Medical tourism to bolster private hospital growth
Haily wins RM109.5mil contract
ASIAWATER 2024 set to chart course for water resilience

Others Also Read