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Business

TNB: Takeover of power project not a bailout

A steep selldown on Thursday showed just what investors thought of TNB taking over the 2,000 MW greenfield power plant from 1MDB and the national utility company has to assuage fears that the deal is not favourable to it.

Business

MARC affirms rating on TNB unit’s RM4bil sukuk

KUALA LUMPUR: Malaysian Rating Corp Bhd (MARC) has affirmed its AAAIS rating on TNB Western Energy Bhd’s sukuk of up to RM4bil with a “stable” outlook.

Business

MARC affirms rating on TNB Western Energy's RM4b sukuk

KUALA LUMPUR: Malaysian Rating Corporation Bhd (MARC) has affirmed its AAAIS rating on TNB Western Energy Bhd’s Sukuk of up to RM4bil with a stable outlook.

Business

TNB’s handsome returns to the Rakyat

KUALA LUMPUR: By history and tradition, Tenaga Nasional Bhd (TNB) is dear to the hearts of many Malaysians because for nearly 70 years of ‘powering the nation’, it has somewhat imbued their lives with some awesome influence and power.

Business

TNB could see major upside ahead

WHILE Tenaga Nasional Bhd (TNB) lost out on the bidding for 1Malaysia Development Bhd’s (1MDB) energy unit Edra Global Energy Bhd, the utility giant may see a silver lining ahead as its shares look set to continue ascending due to improving fundamentals, according to analysts.

Business

TNB down, investors cautious after proposal to buy 1MDB's power assets

PETALING JAYA: Investors appear to take a cautious stance to Tenaga Nasional Bhd’s (TNB) plan to buy the power assets of Edra Global Energy Bhd, the power company arm of 1Malaysia Development Bhd (1MDB), sending the share price of the national utility lower by 30 sen or 2.4% to RM12.36.

Business

TNB shares ‘oversold’, opportunity to 'accumulate' shares

PETALING JAYA: The current weakness in Tenaga Nasional Bhd’s (TNB) share price is a good opportunity for investors to accumulate shares in the power company.

Business

TNB’s phenomenal role as catalyst of national development

KUALA LUMPUR: Tenaga Nasional Bhd (TNB) has come a long way since its establishment in 1949 as the Central Electricity Board (CEB) to become the catalyst of national development.

Business

TNB likely to see slower earnings growth on lower electricity demand

PETALING JAYA: Tenaga Nasional Bhd (TNB) could see slower earnings growth over the medium term, as electricity demand growth moderates and contributions from associates weaken, according to CIMB Research.

Business

MARC affirms TNB issuer rating

KUALA LUMPUR: Malaysian Rating Corp Bhd (MARC) has affirmed Tenaga Nasional Bhd’s (TNB) issuer rating of AAA and Islamic debt rating of AAAID on its outstanding RM2bil Al-Bai’ Bithaman Ajil bonds.