Jimah Power East Sdn Bhd, a unit of state-owned utility Tenaga Nasional Bhd (TNB), has started marketing RM10bil of the notes even after anti-government protesters took to the streets amid an investigation into Prime Minister Datuk Seri Najib Tun Razak
KUALA LUMPUR: Jimah Power East Sdn Bhd is pushing ahead with the nation’s third-biggest sukuk sale even as tensions over a donations probe show no signs of abating.
The unit of state-owned utility Tenaga Nasional Bhd
(TNB) has started marketing RM10bil of the notes even after anti-government protesters took to the streets amid an investigation into Prime Minister Datuk Seri Najib Tun Razak’s bank accounts. The bond sale, which will fund the construction of a power plant under his US$444bil development programme, is planned for October, according to people familiar.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
