CIMB Equities Research said in its latest report that TNB is one of the cheapest big cap counters in the market with a decent dividend yield of about 4% for financial year (FY) 2019-FY21.
KUALA LUMPUR: Malaysian Rating Corp Bhd (MARC) has affirmed its AAAIS rating on TNB Western Energy Bhd’s sukuk of up to RM4bil with a “stable” outlook.
TNB Western Energy is the funding vehicle of parent TNB Manjung Five Sdn Bhd, a unit of Tenaga Nasional Bhd
(TNB), the rating agency said in a statement.
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