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Business 25 Nov 2003 | 12:00 AM

Higher power demand helps TNB

HIGHER power consumption arising from accelerating economic growth may help ease concerns over the margin squeeze suffered by Tenaga Nasional Bhd (TNB) as a result of increased operating costs.

Business 13 Nov 2003 | 12:00 AM

RAM rating on Sesco Islamic debt reaffirmed

RATING Agency Malaysia Bhd (RAM) has reaffirmed the I>AA1/Irating assigned to Sarawak Electricity Supply Corp's (Sesco) RM605mil I>Al-Bai Bithaman Ajil/IIslamic debt securities.

Business 08 Nov 2003 | 12:00 AM

More toll operators tapping PDS: RAM

THE recent revival of several road projects that had been stalled in the wake of the 1997/98 financial crises is expected to prompt more toll concessionaires to opt for private debt securities (PDS) in the near to intermediate future.

Business 29 Oct 2003 | 12:00 AM

TNB posts RM1.7b pre-tax profit

INCREASED electricity sales due to steady economic growth saw Tenaga Nasional Bhd (TNB) report a 13.6% jump in pre-tax profit to RM1.71bil for financial year ended Aug 31, 2003 from RM1.51bil a year ago.

Business 23 Sep 2003 | 12:00 AM

But analysts aren’t too excited about the rally in oil gas stocks

EXPECTATIONS are that oil and gas companies are going to make tons of money and subsequently see their share price surge to stratospheric levels. This sort of outlook of an industry is, in a way, not new.

Business 08 Sep 2003 | 12:00 AM

HSBC bridging the gap between Malaysia and India

HSBC operations in Malaysia and India are working together to encourage a greater flow of investments between the two countries.

Business 12 Aug 2003 | 12:00 AM

TNB eyes power stations abroad

TENAGA Nasional Bhd (TNB) does not rule out acquiring power stations overseas or supplying power to neighbouring countries, according to chairman Datuk Dr Awang Adek Hussin.

Business 08 Aug 2003 | 12:00 AM

Malakoff buys 90% of SKS Power

INDEPENDENT power producer Malakoff Bhd is buying a 90% stake in SKS Power Sdn Bhd from Northern Power Sdn Bhd for RM835mil cash. The acquisition will enable Malakoff to expand its power generation capacity to 3,595 MW from 1,705 MW now.

Business 26 Jul 2003 | 12:00 AM

Sumitomo wins US$1.3bil SKS Power contract

SKS Power Sdn Bhd has awarded a contract worth US$1.3bil to Japan#039;s Sumitomo Corp to build a 2,100-megawatt coal-fired power plant, industry sources said.

Business 23 Jun 2003 | 12:00 AM

TNB needs to boost efficiency

TENAGA Nasional Bhd (TNB), at the moment, does not look very appealing to many investors as well as analysts.