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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.
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.
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).
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.