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Tenaga Nasional Bhd (TNB) would have close to RM4.5bil in its coffers by the middle of next year from the sale of its minority stakes in independent power producers (IPPs), and that would be more than adequate to meet the company's RM1bil debt repayment commitment for the financial year ending Aug 31, 2004.
Tenaga Nasional Bhd's (TNB) placement of its minority stake in YTL Power International Bhd attracted strong demand from institutional investors ahead of YTL Power's dividend payout date.
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.
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.
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.
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.
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.
The Sarawak Electricity Supply Corporation (Sesco) has clarified that it does not anticipate making any significant changes to its electricity tariffs over the next five to 10 years.
HSBC operations in Malaysia and India are working together to encourage a greater flow of investments between the two countries.
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.