TNB loses RM6bil in value over six days


On the back of poor sentiment affecting the stock market, TNB

PETALING JAYA: The mere speculation of purchasing the power assets under 1Malaysia Development Bhd (1MDB) had caused Tenaga Nasional Bhd (TNB) to lose some RM6bil in value over the last six trading days.

On the back of poor sentiment affecting the stock market, TNB’s shares had lost RM1.06 since May 18, largely due to the dominant electricity provider being touted as one of the possible purchasers of 1MDB’s power generation assets.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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Business , power , TNB , 1MDB , shares , stocks , valuation , klci , klse , Tenaga ,

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