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Khalib-initiated changes at TNB
Tenaga Nasional Berhad (TNB) has been working on improving its operating efficiency. TNB's CEO Datuk Che Khallib Mohamed Noh briefs newsmen last Friday on a range of transformational endeavours in the past year under his leadership. Excerpts from the briefing.
Bill payment system for KK folk at Alliance Bank
Paying electricity bills and assessment rates or property taxes will soon be easier for folks in Kota Kinabalu folk with the introduction of over-the-counter payment at selected Alliance Bank Bhd branches in Sabah.
Sandakan businessmen seek redress from SESB
Fed up with the frequent power blackouts disrupting their industries, a group of businessmen in this east coast district are demanding more than RM500,000 in compensation from Sabah Electricity Sdn Bhd (SESB), a Tenaga Nasional Bhd (TNB) subsidiary.
Cost-cutting to save TNB RM700m
INSTEAD of trimming its workforce, Tenaga Nasional Bhd (TNB) has initiated a major cost management exercise to rev up productivity and efficiency levels. This, if fully implemented, is expected to result in cost savings of over RM700mil for the first year.
Diesel subsidy, SESB loans write-off to boost TNB’s bottom line
TENAGA Nasional Bhd (TNB) can expect a boost of up to RM200mil to its bottom line from next year onwards as a result of savings from a diesel subsidy and write-off of loans to its unit, Sabah Electricity Sdn Bhd (SESB).
Power grid must be ready by December
The Government has given the contractor of Sabah's east-west electricity grid until the end of the year to complete the job or face legal action.
Sime Engineering expands facilities
SIME Engineering Services Bhd (SESB), with a full order book, will be expanding its fabrication yard in Pasir Gudang, Johor.
Sime unit buys remaining 30% stake in SSE for RM65mil
SIME Darby Bhd's wholly-owned subsidiary Pesida Equipment Sdn Bhd has entered into a share purchase agreement (SPA) with SembCorp Utilities Pte Ltd (SCU) yesterday to acquire the balance 30% equity in Sime SembCorp Engineering Sdn Bhd (SSE) for RM65mil.
MIM sells smart meters abroad
SMART card pre-paid meters carrying homegrown brand Metronix designed by Malaysian Intelligence Meters Sdn Bhd (MIM) have found their ways to overseas markets.
News in brief
News in brief on: Maybank, Paos, Rubberex, D.B.E. Gurney Resources, Chin Teck, Paos, Suremax, Tong Herb, Suiwah, AKN Technology, Padini, SEG, Nam Fat, Yeo Hiap Seng, Globetronics, Tamco, Gadang, Seloga, Spritzer and TAP Resources.---------------------------------------------
