AS the race towards the sale of Edra Global Energy Bhd picks up, it is still not known if the transaction would be the first to see foreign shareholders owning more than 50% stake in power plants.
Of the four bidders that have been reported to be interested in Edra Energy, three are foreign names, with Tenaga Nasional Bhd being the sole party from the domestic market being interested.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!