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APB Resources Bhd is by no means well known as it was only in May that it took over the listed status of NCK Corp Bhd. Its name is close to that of Switzerland-based ABB which is, of course, better known, and so is even APP, a listed Penang-based potter.
FUND managers had put most of their money in cyclical stocks earlier this year, betting on global economic growth accelerating. Now, some institutional investors are considering adding defensive counters to their portfolios amid concerns the global economy is at risk of slowing.
EVEN before Che Khalib Mohamad Nor takes office as chief of Tenaga Nasional Bhd (TNB), he already knows what he wants to do: boost efficiency and increase profits of the powerhouse.
State-owned utility body Sarawak Electricity Supply Corp (SESCo) will be turned into a commercial entity to retain its competitive edge over new entrants into the state power industry.
TENAGA Nasional Bhd (TNB) may sell Islamic bonds next year to reduce debts that leave it vulnerable to currency fluctuations, chief executive Datuk Pian Sukro said.
TENAGA Nasional Bhd (TNB) has sold its remaining 11.9 million shares in YTL Power International Bhd for a total of RM42.6mil.
RANHILL Power Bhd (formerly EPE Power Corp Bhd) surged RM1.58 to close at RM2.58 on volume of 1.1 million shares on its requotation On Friday on the second board of Bursa Malaysia after having completed its corporate and debt restructuring exercise.
TENAGA Nasional Bhd (TNB) chief executive Pian Sukro said he is keen to extend his term as head of the country's biggest power producer after his contract expires at the end of June.
SARAWAK Enterprise Corporation Bhd (SECB) has embarked on a restructuring exercise to transform itself into a major utility and energy player in the state.
Tenaga Nasional Bhd (TNB) launched yesterday the book-building exercise for its proposed RM200mil convertible redeemable income securities (CRIS) issue, marking the power utility's first foray into the ringgit equity market since it went public in 1992.