Chance to gather TNB shares on price slide

Analysts warned that the ruling could force TNB to make substantial provisions in upcoming financial results and may also have implications for the group’s other ongoing legal challenges.

PETALING JAYA: Shares of Tenaga Nasional Bhd (TNB) dropped sharply yesterday, following the national utility company’s defeat in a landmark tax case at Malaysia’s highest court.

TNB dipped 58 sen to RM14.02, taking 4.8135 points off the FBM KLCI.