PETALING JAYA: Public Invest Research is retaining its neutral outlook on Tenaga Nasional Bhd (TNB) and unchanged target price of RM13.28, following financial-related uncertainties.
On Tuesday, TNB announced that it had received additional notice of tax assessment from the Inland Revenue Board (IRB) relating to disputes on utilisation of reinvestment allowance for the 2018 year of assessment, amounting to RM1.8bil.
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