TNB to announce electricity tariff review today, its shares trading suspended

A view of Tenaga Nasional Berhad headquarters in Kuala Lumpur, Malaysia, October 13, 2015. Malaysian utility heavyweight Tenaga is inching towards a multi-billion dollar purchase of energy assets from 1MDB after a rival bidder dropped out, a deal that would bring welcome financial relief to the scandal-hit state fund. Hong Kong-listed CGN Meiya Power Holidings Co, the only firm beyond Tenaga to have openly expressed an interest for some 1MDB assets, said in regulatory filings on Friday it was no longer considering the transaction. REUTERS/Olivia Harris

PETALING JAYA: Tenaga Nasional Bhd (TNB) has requested that trading in its shares be suspended with effect from 9am today, “pending the release of a material announcement”.

Accordingly, trading in structured warrants relating to TNB will also be suspended at the same time. Shares in TNB closed six sen higher to RM13.46 yesterday, with 12.2 million shares being traded.