PETALING JAYA: Tenaga Nasional Bhd (TNB) and the Finance Ministry will have a majority stake in a special-purpose vehicle set up to build the undersea cable for the RM16bil Bakun hydroelectric project.
The Sarawak government, which has a majority stake in the Bakun dam, will hold a minority stake.
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!