KUALA LUMPUR: Tenaga Nasional Bhd’s (TNB) divestment of 100%-owned Liberty Power further streamlines its’s international portfolio towards renewable energy, according to Maybank Investment Bank (IB) Research.
The disposal of Liberty Power was to Pakistan and Hong Kong-based AsiaPak Investments for US$54.5mil (RM228mil) cash, received by TNB in entirety on Nov 29, 2021.
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