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Corporate News 17 Jan 2018 | 12:00 AM

EC: Electricity rebate not funded by taxpayers

PUTRAJAYA: The imbalance cost pass through (ICPT) rebate that is seen in the electricity bill is not funded by taxpayers money, said the Energy Commission (EC).

Analyst Reports 14 Dec 2017 | 12:00 AM

Analyst Reports

UEM SUNRISE BHD, MALAYSIA AIRPORTS HOLDINGS BHD, KUALA LUMPUR KEPONG BHD and UTILITIES SECTOR.

Business 28 Nov 2017 | 12:00 AM

Ranhill says no plan to sell SAJ Ranhill

PETALING JAYA: Ranhill Holdings Bhd said it has no plan to sell its stake in SAJ Ranhill Sdn Bhd, a company that holds exclusive licence for water supply in Johor, the second most populous state in Malaysia.

Corporate News 30 Oct 2017 | 3:52 AM

Coal power plant, solar project to drive Tenaga earnings, says Moody's

KUALA LUMPUR: The commissioning of the 3GW coal generation capacity and a 50MW solar project will drive Tenaga Nasional Bhd's earnings growth, says Moody's Investors Service

Analyst Reports 04 Oct 2017 | 4:44 AM

Tenaga is Kenanga Research’s top pick among power utilities

PETALING JAYA: Kenanga Research remains positive on the power utilities sector and advised investors to accumulate in view of the current price weakness.

Corporate News 23 Sep 2017 | 12:00 AM

The sun shines on Cypark

FOR a company that is heavily loaded with debts due to the nature of its business, Cypark Resources Bhd is starting to see some upside since its transition from short-term contracts to concession-related activities.

Business 06 Sep 2017 | 7:58 AM

Top foreign and local stories at 4pm

Top foreign and local stories at 4pm

Corporate News 06 Sep 2017 | 6:28 AM

RAM: Power sector needs RM13b to finance facilities

KUALA LUMPUR: RAM Ratings estimates that independent power producers (IPPs) need another RM13.3 billion to finance forthcoming facilities, such as large-scale solar plants, with local bonds and sukuk markets as key funding sources

Business 04 Sep 2017 | 12:00 AM

Local IPPs to raise RM13bil more to finance new plants

PETALING JAYA: Local independent power producers (IPPs) are expected to raise an additional RM13.3bil in debt to finance their upcoming plants, according to RAM Ratings.

Business 01 Aug 2017 | 12:00 AM

YTL Power seen delivering lower dividend payout

PETALING JAYA: YTL Power International Bhd is expected to deliver a lower net dividend yield this year, as additional overhead costs associated with its Paka power plant could negatively affect the company’s dividend payout.