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KUALA LUMPUR: Tenaga Nasional Bhd’s (TNB) net profit for the third quarter ended Sept 30, came to RM1.01bil, a 16.07% drop from RM1.2bil in the previous corresponding quarter due to higher finance cost, which was cushioned by foreign exchange gain and a non-cash fair value gain.
KUALA LUMPUR: Bursa Malaysia was given a boost on Thursday after the RM322.5bil federal budget, the nation's largest ever, was passed despite a call by the Opposition for bloc voting.
KUALA LUMPUR: Tenaga Nasional Bhd's (TNB) net profit for the third quarter ended Sept 30, 2020 came to RM1.01bil, a 16.07% drop from RM1.2bil in the previous corresponding quarter due to higher finance cost, which was cushioned by forex gain and a non-cash fair value gain.
KUALA LUMPUR: Bursa Malaysia recorded more than 1,000 counters in the red at the close on Tuesday on concerns about the ability of the government to get a majority of the MPs to support the Budget 2021 proposals on Thursday.
KUALA LUMPUR: Supermax Corp Bhd will likely be joining the FTSE Bursa Malaysia KLCI constituents in its next review following the rise in its market capitalisation.
THE Ranhill Group is committed to enriching lives through sustainable solutions in water, wastewater and energy. With proven capabilities as a leading water operator in Johor, Ranhill’s presence in the environment sector also extends to wastewater management in Thailand and China, while in the energy sector, it is the largest Independent Power Producer (IPP) in Sabah through a 21-year power purchase agreement with Sabah Electricity Sdn Bhd for the sale of up to 380 megawatts (MW) electrical generation capacity and electricity production.
PETALING JAYA: Renewable energy specialist Samaiden Group Bhd has secured a RM115.6mil contract to develop a 10 MWac biomass power plant in Teluk Kalong, Terengganu.
KUALA LUMPUR: Bursa Malaysia closed higher Monday, tracking the gains at regional markets as investors pinned their hopes for economic revival on coronavirus vaccines.