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Business

TNB earnings in line with forecasts

There is cause for optimism in Tenaga Nasional Bhd's (TNB) first-quarter earnings released on Wednesday as, excluding the forex loss, the numbers are in line with analysts' estimates.

Business

Clear dividend policies in vogue

THERE is a promising trend in initial public offerings (IPOs) for companies to distinctly state their dividend policies as investors have become more demanding in respect of visibility of financial returns.

Business

TNB debt-cutting plan next year

Tenaga Nasional Bhd (TNB) expects to present a plan in the second quarter next year on how it will reduce its debts of RM32.5bil and bring down its gearing level from nearly two times to 1.5 times within five years.

Business

EPF invests in direct private equity

THE Employees Provident Fund (EPF) has begun investing in Direct Private Ventures as part of its portfolio diversification programme.

Business

Nerve centre vital to TNB efficiency

During the coming festive season, many of us would be celebrating with our families but a team of engineers at Tenaga Nasional Bhd (TNB) would have to work day and night to ensure the entire nation is lit up every second of the day.

Letters

Hike in power tariff not justified

From S.M. MOHAMED IDRIS, President, Consumers Association of Penang.

Business

No increase in power tariffs, says Energy Commission

THE Energy Commission will not allow any upward revision of electricity tariffs by Tenaga Nasional Bhd (TNB) unless an increase is justified and will result in more efficient power distribution in the country.

Business

TNB determined to cut debt

BARELY a hundred days in office, Datuk Che Khalib Mohamad Noh has put in place several initiatives at Tenaga Nasional Bhd (TNB) to make it #8220;the best organizsation in the country,#8217;#8217; and to regain the glory of its heydays.

Nation

Ruling hits local councils hard

b>EXCLUSIVE: /b>Local councils with electricity-producing plants in their areas are set to lose millions of ringgit in assessment payment following a landmark judgment by the Federal Court yesterday.

Business

Telekom share price reaches 3-year high

Institutional investors made a fresh pursuit of Telekom Malaysia Bhd shares yesterday, leading the stock to rise 40 sen to RM11, a three-year high.