THE capital expenditure (capex) of Petroliam Nasional Bhd (Petronas) of RM25bil per annum is easily more than the budget of most ministries in the federal government. Probably, only the Prime Minister’s Department gets a bigger allocation.
Tenaga Nasional Bhd’s spending on transmission and distribution comes up to RM8bil per annum, while Telekom Malaysia Bhd’s capex is another RM3bil.
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