NETR helping to power TNB’s prospects

PETALING JAYA: Hong Leong Investment Bank (HLIB) Research sees positive developments for Tenaga Nasional Bhd (TNB), which is a major beneficiary of the recently launched National Energy Transition Roadmap (NETR).

The power utility group will be able to accelerate its investments into energy transitioning to diversify earnings base and support future earnings growth, the research house said.