TNB grants SIPP Energy another extension


KUALA LUMPUR: Tenaga Nasional Bhd has granted SIPP Energy Sdn Bhd another extension of 30 days to fulfil conditions under a shareholders agreement for the acquisition of a 51% stake in Southern Power Generation Sdn Bhd (SPG).

In a filing with Bursa Malaysia, TNB said the additional time is to facilitate the fulfillment or satisfaction of the remaining conditions precedent.

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