Tenaga Nasional Bhd
(TNB) has completed its purchase of Nik Sallahuddin Nik Hussein’s 22.5% interest in TNB Coal International Ltd.
TNB has acquired the 22,500 ordinary US$1 shares and 3,802,500 redeemable unredeemable unsecured loan stock of US$1 each, including the assignment to TNB shareholders’ advance amounting to RM8.208mil made earlier by Nik Sallahuddin to TNB Coal. The total purchase price is RM26,589,767.55.
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