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Corporate News 04 May 2016 | 9:25 AM

Fitch expects Tenaga to incur RM46b capex from FY16 to 19

KUALA LUMPUR: Fitch Ratings expects Tenaga Nasional to incur about RM46bil in capital expenditure from FY16 to FY19 as the power giant seeks to raise its domestic generation capacity and for maintenance.

Property 03 May 2016 | 12:00 AM

Surprise omission of Scomi Energy

PETALING JAYA: That Scomi Energy Services Bhd has been conspicuously left out of the RM2.3bil coal-freight jobs offered by Tenaga Nasional Bhd (TNB) has caught some market observers by surprise.

Corporate News 26 Apr 2016 | 6:24 PM

Bursa highlights for Tues, April 26

Companies that made notable announcements on Tuesday included BRITISH AMERICAN TOBACCO, GLOBETRONICS, MAYBULK, NESTLE, SEACERA, SONA PETROLEUM and TENAGA NASIONAL.

Corporate News 26 Apr 2016 | 12:20 PM

TNB awards coal shipment contracts worth over RM2bil

KUALA LUMPUR: Tenaga Nasional Bhd’s (TNB) unit TNB Fuel Services Sdn Bhd has signed five long-term affreightment contracts valued at US$537mil (RM2.11bil) for shipping coal from Indonesia to Malaysia.

Business 23 Mar 2016 | 12:00 AM

TNB shares rally to 10-month high

PETALING JAYA: Amidst a return of foreign funds to emerging markets, shares of Tenaga Nasional Bhd (TNB) rallied, helped by a Deutsche Bank report that upgraded its recommendation on the national utility firm to “buy” from “hold”.

Business 22 Mar 2016 | 5:19 AM

TNB props up FBM KLCI as electricity usage hits new high

KUALA LUMPUR: Shares of Tenaga Nasional Bhd (TNB) rose by as much as 50 sen today to prop up the FBM KLCI as investors factor in the country's electricity usage which hit a new high of 17,175MW earlier this month.

Business 12 Mar 2016 | 12:00 AM

Banking on China’s thirst for water

WATER and power generation company Ranhill Holdings Bhd is banking on China’s increasing standards for water and wastewater treatment to grow its business.

Business 11 Mar 2016 | 3:32 AM

TNB records highest electricity demand at 17,175MW

KUALA LUMPUR: The hot and dry spell in the past few days have pushed electricity consumption to its highest in peninsular Malaysia, with Tenaga Nasional Berhad (TNB) recording an all time high peak demand of 17,175MW on March 9.

Corporate News 04 Mar 2016 | 12:10 AM

Ranhill Holdings final price fixed at RM1.20

KUALA LUMPUR: Ranhill Holdings Bhd’s final price has been fixed at RM1.20, which is 50 sen below the initial retail price of RM1.70 following the lukewarm response to its listing exercise

Business 30 Jan 2016 | 12:00 AM

Short position

MANY have lauded the Government’s measures to recalibrate Budget 2016, mainly done in view of the ongoing slump in oil prices as well as the overall condition of the global economy.