TNB to pay RM47mil, not RM47bil

IN our story titled “TNB buys Jimah stake” on page 12 of StarBizWeek on Saturday, July 4, 2015, the amount Tenaga Nasional Bhd is proposing to pay 1Malaysia Development Bhd for its 70% stake in Jimah East Power Sdn Bhd (JEP) is RM46.98mil.

JEP is the company with the mandate to undertake the construction of a 2,000MW coal fired power plant in Port Dickson.

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