PETALING JAYA: Malaysia’s utilities sector is expected to chart a strong growth trajectory in the coming years, underpinned by resilient electricity demand and robust momentum in renewable energy development. Key opportunities are emerging across the data centre (DC) landscape, large-scale solar (LSS) projects, and community-based green initiatives.
As such, RHB Research maintained its “overweight” stance on the sector, pointing to Tenaga Nasional Bhd
(TNB), YTL Power International Bhd, and Solarvest Holdings Bhd as top investment picks, citing strong fundamentals and sectoral tailwinds.
