In a filing with Bursa Malaysia yesterday, TNB said it owns 51% ordinary shares in SPG, while SIPP Energy holds the remaining 49%.
PETALING JAYA: Tenaga Nasional Bhd
(TNB) has acquired an additional 19% stake in subsidiary Southern Power Generation Sdn Bhd (SPG) and 13% Class B redeemable preference shares from SIPP Energy Sdn Bhd for RM283mil.
In a filing with Bursa Malaysia yesterday, TNB said it owns 51% ordinary shares in SPG, while SIPP Energy holds the remaining 49%.
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