“TNB would likely retain its monopoly in T&D, in our view, as the segment is not separated out under the restructuring, and management has guided that there is no indication from the regulators to do so, ” CGS-CIMB Research said in a note.
PETALING JAYA: Tenaga Nasional Bhd
(TNB) is expected to hold on to its monopoly on the transmission and distribution (T&D) business, as the segment will remain part of the group’s core business following its proposed internal reorganisation, a research house says.
“TNB would likely retain its monopoly in T&D, in our view, as the segment is not separated out under the restructuring, and management has guided that there is no indication from the regulators to do so, ” CGS-CIMB Research said in a note.
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