KUALA LUMPUR: CIMB Equities Research expects Tenaga Nasional to get its tariff hike, albeit slightly delayed by about one to two months, but it maintained its target price of RM14.14, which is 15.7% above its last traded price of RM12.22.
It said on Friday that with the end of June approaching, there is yet to be any news on the tariff hike for Tenaga.
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