TNB to be prudent with overseas investments


TNB told Bursa Malaysia that Pengerang Power would design, construct, own, operate and maintain a co-generation facility with a nominal capacity of 1,729MW in Pengerang, Johor.

PETALING JAYA: Tenaga Nasional Bhd (TNB) will be prudent in investing overseas as the company will not want to impede the implementation of a more robust dividend policy from next year, according to UOB KayHian.

“Against this backdrop, the management aims to drive future earnings via overseas investments.

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