The Malaysian Pulse
Beat of the Nation
Sat, 21 Sep 2019, 2:58 PM
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Topic: Tenaga Nasional Bhd

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Green light for TNB’s entry into broadband
KUALA LUMPUR (Sept 20): Tenaga Nasional Bhd (TNB) has expressed its interest in the wholesale broadband sector, which could be the earnings driver for the national utility company, given the governmen...
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Mydin mall to save RM3.2mil in power bill
KUALA LUMPUR: Mydin Mall Manjoi in Ipoh expects to save up to RM3.24mil in its electricity bill with the installation of a solar rooftop photovoltaic (PV) under an...
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Green light for TNB’s entry into broadband
KUALA LUMPUR: Tenaga Nasional Bhd (TNB) has expressed its interest in the wholesale broadband sector, which could be the earnings driver for the national utility company, given the government’s immi...
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TNB shows interest in 'wholesale broadband' — Gobind
PUTRAJAYA (Sept 19): Tenaga Nasional Bhd (TNB) has shown interest in the country's telecommunications sector, especially in the wholesale broadband sector, said Communications and Multimedia Minister ...
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TNB shows interest in 'wholesale broadband' - Gobind
Tenaga Nasional Bhd (TNB) has shown interest in the country's telecommunications sector, especially in the wholesale broadband sector, said Communications and Multimedia Minister Gobind Singh Deo.
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Mydin Mall Manjoi to save RM3.24m in power bills with solar PV
KUALA LUMPUR: Mydin Mall Manjoi in Ipoh expects to save up to RM3.24mil in its power bill with the installation of a solar rooftop photovoltaic (PV) under an agreement...
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Gobind: TNB shows interest in wholesale broadband sector
PUTRAJAYA, Sept 19 ― Tenaga Nasional Bhd (TNB) has shown interest in the country's telecommunications sector, especially in the wholesale broadband sector, said Communications and Multimedia Ministe...
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TNB shows interest in 'wholesale broadband'
PUTRAJAYA: Tenaga Nasional Bhd (TNB) has shown interest in the country's telecommunications sector, especially in the wholesale broadband sector, said...
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KLCI loses 0.32% to hover below 1,600 as sentiment stays tepid
KUALA LUMPUR (Sept 19): The FBM KLCI lost 0.32% at mid-morning to hover below the 1,600-point level as local sentiment stayed tepid.
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Penang Starwalk on Sept 22 postponed due to haze
GEORGE TOWN: Penang Starwalk 2019 has been postponed in view of the haze situation as the air quality deteriorated to unhealthy levels and shows no signs of improvement.
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Research houses maintain neutral outlook on power
PETALING JAYA: While consumers are expected to benefit, the power sector will face further uncertainties, arising from potential regulatory changes, and this could...
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Subsidised cooking oil smuggled out of country
MILLIONS of ringgit are lost to the smuggling of 1kg packets of cooking oil subsidised under the government’s Cooking Oil Stabilisation Scheme, reported Utusan Malaysia.
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Tenaga subject to pricing, take-up risk under Malaysia electricity masterplan: Hong Leong
KUALA LUMPUR (Sept 17): Hong Leong Investment Bank Bhd said today Tenaga Nasional Bhd may face long-term earnings risk related to electricity pricing and take-up rate based on the auction mechanism un...
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Tenaga subject to pricing, take-up risk under Malaysia electricity masterplan...
KUALA LUMPUR (Sept 17): Hong Leong Investment Bank Bhd said today Tenaga Nasional Bhd may face long-term earnings risk related to electricity pricing and take-up rate based on the auction mechanism un...
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Govt to liberalise power industry
KUALA LUMPUR: The Cabinet has approved a 10-year masterplan to reform the domestic power industry, in which the government will now stop approving new independent power production projects that come w...
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Tadmax gets govt nod for Pulau Indah power plant
AFTER many months of uncertainty, Tadmax Resources Bhd says it has secured the government’s go-ahead to proceed with its power plant project in Pulau Indah, Selangor.
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KLCI falls, ringgit strengthens after BNM rate decision
KUALA LUMPUR (Sept 12): The FBM KLCI finished 1.3 points or 0.08% lower today at 1,601 after volatile trade in the final trading hour in an apparent  reaction to Bank Negara Malaysia's (BNM) decision...
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KLCI gives up all its gains to close in the red
KUALA LUMPUR: Bursa Malaysia pared all its gains to close in the red on Thursday, weighed down by losses in IHH Healthcare, Tenaga Nasional Bhd and Petronas...
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KLCI pares gains ahead of Bank Negara meeting
KUALA LUMPUR (Sept 12): The FBM KLCI pared some of its gains at the midday break today, ahead of Bank Negara Malaysia's monetary policy committee meeting this afternoon.
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KLCI rises 0.28% to hold above 1,600pt level
KUALA LUMPUR (Sept 12): The FBM KLCI rose 0.28% at mid-morning today to hold above the 1,600-point level, against the backdrop of firmer regional markets.
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Enforcement officers start demolition of Klang’s Berkeley Corner
KLANG: Enforcement officers began tearing down a popular Indian restaurant here on Tuesday night, two years after it lost a legal battle to stop an eviction notice.
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Short Position, Permaju opts for solar
THERE used to be a distinct difference between renewable energy (RE) and electricity generated by the conventional gas and coal power plants. RE such as solar gets much...
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KLCI starts lower before rising as HK, Brexit concerns appear to ease
KUALA LUMPUR (Sept 5): The FBM KLCI opened down today before rising as Asian equities rose amid an apparent easing in Brexit and Hong Kong's political concerns.
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Kota Melaka MP wants Youth and Sports Ministry to look into plight of former state hockey player
MELAKA: A Parliamentarian wants Youth and Sports Minister Syed Saddiq to look into the plight of a forgotten former Melaka hockey player.
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No ‘wow’ factor in corporate earnings, AmInvestment Bank cuts index target to 1,680 points
KUALA LUMPUR, Sept 4 ― AmInvestment Bank Bhd has cut the FBM KLCI end of 2019 target by 140 points to 1,680 points amid lacklustre corporate earnings in the just-concluded second-quarter results, co...
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TNB likely to give higher dividend
PETALING JAYA: Utility giant Tenaga Nasional Bhd (TNB), whose recent dividend payout has surpassed forecast, may have higher dividend payout in store for investors...
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Let’s have a say on pay
IN essence, according to Section 230(1) of the Companies Act, 2016, fees and any benefits payable to the directors of a listed company and its subsidiaries shall be approved at a general meeting.
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Falling prices of solar power warrant scrutiny
The latest round of tenders calling for the construction, commissioning and operations of large-scale solar (LSS) power plants reveals a few startling facts of the state of...
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TNB Q2 profit down 9.8%
PETALING JAYA: Tenaga Nasional Bhd (TNB) posted a 9.8% year-on-year decline in net profit to RM1.12bil for the second quarter of the financial year ending Dec...
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Power plant projects back in the limelight
TWO power plants – one in Pulau Indah, Selangor and another in Kedah – are back under the spotlight.
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IHH, MAHB, Supermax, Sunsuria, Serba Dinamik, AirAsia, Masteel, Prestariang,...
KUALA LUMPUR (Aug 30): Based on corporate announcements and news flow today, companies in focus on Tuesday (Sept 3) could include IHH Healthcare Bhd, Malaysia Airports Holdings Bhd, Supermax Corp Bhd,...
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Gobind welcomes initiative to expand fiberisation coverage in Melaka
KUALA LUMPUR (Aug 30): Communications and Multimedia Minister Gobind Singh Deo has welcomed the decision of Tenaga Nasional Bhd (TNB) to expand its fiberisation coverage to four more areas in Melaka a...
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TM upbeat on FY19
KUALA LUMPUR: Telekom Malaysia Bhd (TM) is confident it can deliver stronger earnings this year after achieving a 63% jump in net profit for the first half of the year.
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FBM KLCI cuts losses after Tenaga, MISC spike
KUALA LUMPUR (Aug 28): The FBM KLCI closed 1.02 points or 0.06% lower today after US recession fears led to apparent broad-based selling across Bursa Malaysia amid persistent US-China trade war concer...
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TM’s H1 2019 net profit jumps 63pc to RM422.46m
KUALA LUMPUR, Aug 28 — Telekom Malaysia Bhd’s (TM) net profit in the first half of the financial year 2019 (H1 FY2019) jumped 63.1 per cent to RM422.46 million from RM259.09 million recorded a yea...
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TM confident it can deliver stronger FY19 earnings
KUALA LUMPUR (Aug 28): Telekom Malaysia Bhd is confident it can deliver stronger earnings for the financial year ending Dec 31, 2019 (FY19) after posting a 12% year-on-year (y-o-y) increase in profit ...
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KLCI extends lacklustre run amid cautious regional markets
KUALA LUMPUR (Aug 28): The FBM KLCI extended its lacklustre run on Thursday, tracking cautious regional markets.
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KLCI falls 1% as Asian markets get slugged
KUALA LUMPUR (Aug 26): The FBM KLCI fell 1% at mid-morning as regional markets sank on escalating US-China trade war jitters.
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KLCI falls 0.95% amid turbulent regional markets
KUALA LUMPUR (Aug 26): The FBM KLCI fell 0.95% in line with turbulent regional markets, dragged by losses at key index-linked stoks.
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Tenaga Nasional 2Q net profit of RM2.06 bln expected
KUALA LUMPUR (Aug 22): Tenaga Nasional Bhd, Malaysia's electricity utility, is scheduled to report results for the second quarter on Aug 30.
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TNB: Jimah East's first power plant starts commercial operations
KUALA LUMPUR (Aug 22): Tenaga Nasional Bhd (TNB) said today the first of the two proposed 1,000 megawatt (MW) coal-fired power plants owned and run by its subsidiary Jimah East Power Sdn Bhd (JEP) has...
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Genting Malaysia, Heineken, Press Metal, AWC, KLK, Pos Malaysia, Gamuda, TNB,...
KUALA LUMPUR (Aug 20): Based on corporate announcements and news flow today, companies in focus on Wednesday (Aug 21) may include: Genting Malaysia Bhd, Heineken Malaysia Bhd, Press Metal Aluminium Ho...
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TNB drops suit against Gamuda after payment of RM91m
KUALA LUMPUR (Aug 20): Gamuda Bhd said Tenaga Nasional Bhd (TNB) has withdrawn a legal suit against the group, following the full settlement of a sum totalling RM91.1 million.
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KLCI rises with modest gains, stays below 1,600-level
KUALA LUMPUR (Aug 20): The FBM KLCI posted modest gains, tracking regional markets, lifted by select index-linked chips including Tenaga Nasional Bhd.
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Rural Development Ministry to install 10,000 LED lights in villages by 2020
The Ministry of Rural Development (KPLB) has announced that it will install 10,000 units of Light Emitting Diode (LED) village street lights (LJK) in villages in Peninsular Malaysia starting this year...
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KLCI crosses 1,600-point threshold as Public Bank, Tenaga lift
KUALA LUMPUR (Aug 19): The FBM KLCI crossed the crucial 1,600-point threshold in early trade this morning, tarcking gains at regional markets, lifted by gains including at key index-linked counters.
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TNB loses millions of ringgit due to storm in Kedah
ALOR SETAR (Aug 16): Tenaga Nasional Bhd (TNB) suffered losses of millions of ringgit due to the storm on Friday, which damaged its poles and electric wires in the State.
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TNB loses millions of ringgit due to storm in Kedah
ALOR SETAR (Aug 15): Tenaga Nasional Bhd (TNB) suffered losses of millions of ringgit due to the storm on Friday, which damaged its poles and electric wires in the State.
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TNB loses millions of ringgit due to storm in Kedah
ALOR SETAR, Aug 15 — Tenaga Nasional Bhd (TNB) suffered losses of millions of ringgit due to the storm on Friday, which damaged its poles and electric wires in the state.
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TNB loses millions of ringgit due to storm in Kedah
ALOR STAR: Tenaga Nasional Bhd (TNB) suffered losses of millions of ringgit due to the storm on Friday, which damaged its poles and electric wires in the state.
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Fajarbaru forms JV with China’s Gezhouba Group for solar plant bid
KUALA LUMPUR (Aug 15): Fajarbaru Builder Group Bhd and its wholly-owned Potential Region Sdn Bhd have inked a joint venture agreement with China's Gezhouba Group Overseas Investment Co Ltd (CGG) to bi...
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Fajarbaru unit in JV with China Gezhouba for TNB job
PETALING JAYA: Fajarbaru Builder Group Bhd’s unit, Potential Region Sdn Bhd, has signed a joint venture (JV) agreement with China Gezhouba Group Overseas Investment Co Ltd to jointly tender for the ...
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Fajarbaru forms JV with China’s Gezhouba Group for solar plant bid
KUALA LUMPUR (Aug 14): Fajarbaru Builder Group Bhd and its wholly-owned Potential Region Sdn Bhd have inked a joint venture agreement with China's Gezhouba Group Overseas Investment Co Ltd (CGG) to bi...
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Fajarbaru, China Gezhouba in JV to target Pekan solar project
KUALA LUMPUR: Fajarbaru Builder Group Bhd and a Chinese partner have teamed up to participate in a tender called by the Energy Commission to develop a 40MWac solar photovoltaic project in Pekan, Pahang.
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KLCI up 0.49% to regain 1,600-point threshold
KUALA LUMPUR (Aug 14): The FBM KLCI rose 0.49% to regain the 1,600-point threshold at mid-morning today, as the local index advanced in tandem with global equity markets.
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KLCI rises 0.42% in line with regional bounce as US delays tariff on China
KUALA LUMPUR (Aug 14): The FBM KLCI rose 0.42% in early trade this morning, tracking the bounce at regional markets At 9.05am, the FBM KLCI gained 6.74 points to 1,599.62.
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Storm-felled trees to be cleared in three days
GEORGE TOWN (Aug 13): The authorities expect to clear in three days all the trees uprooted by the heavy storm last Friday, Penang Housing, Town and Country Planning and Local Government Committee ch...
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Authorities to clear storm-felled trees in three days, says exco
GEORGE TOWN, Aug 13 — The authorities expect to clear in three days all the trees uprooted by the heavy storm last Friday, Penang Housing, Town and Country Planning and Local Government Committee ch...
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KLCI slumps 1.38%, stays below 1,600 level as region mired in red
KUALA LUMPUR (Aug 13): The FBM KLCI slumped 1.38% and remained below the crucial 1,600-point level at the midday break on Tuesday, mirroring regional markets mired in the red.
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KLCI tumbles 1.24% to below 1,600pt level
KUALA LUMPUR (Aug 13): The FBM KLCI tumbled 1.24% to below the crucial 1,600-point level at mid-morning today, tracking its regional peers as broader market sentiment remained weak.
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TDM inks agreements for development of two biogas plants in Terengganu
KUALA LUMPUR (Aug 9): TDM Bhd has entered into two agreements with Concord Biotech Sdn Bhd to develop biogas plants with power generation facilities at two palm oil mills in Terengganu.
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Abdul Razib Dawood appointed as new Energy Commission CEO
PUTRAJAYA, Aug 8 — The Energy Commission (ST) has appointed Abdul Razib Dawood as its new chief executive officer (CEO) effective August 1, to replace Azhar Omar who retired on April 1.
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Abdul Razib Dawood is new Energy Commission CEO
KUALA LUMPUR (Aug 8): The Energy Commission has appointed Abdul Razib Dawood as its new chief executive officer effective Aug 1, 2019.
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KLCI rises 0.36%, stays firmly above 1,600 level
KUALA LUMPUR (Aug 8): The FBM KLCI rose 0.36% at mid-morning today to stay firmly above the 1,600-point level, lifted by select blue chips.
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KLCI ticks up as Tenaga and Genting lift
KUALA LUMPUR (Aug 8): The FBM KLCI ticked up in early trade this morning,lifted by gains including at Tenaga Nasional Bhd and Genting Bhd, against the backdrop of muted regional markets.
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12-hour electricity supply cut in Pulau Ketam, Sungai Lima on Aug 14
KUALA LUMPUR (Aug 7): Tenaga Nasional Bhd (TNB) will undertake preventive maintenance of its main substation in Port Klang on Aug 14, which will cause a 12-hour shutdown of electricity supply to Pula...
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TNB loses RM3.2m in Kuantan to Bitcoin miners
KUANTAN (Aug 7): Tenaga Nasional Bhd (TNB) raided 33 premises around Kuantan suspected of interfering with the electricity distribution board in a Bitcoin mining operation, resulting in a loss of RM3....
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TNB loses RM3.2m in Kuantan to Bitcoin miners
KUANTAN (Aug 7): Tenaga Nasional Bhd (TNB) raided 33 premises around Kuantan suspected of interfering with the electricity distribution board in a Bitcoin mining operation, resulting in a loss of RM3....
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TNB loses RM3.2m in Kuantan to Bitcoin miners
KUANTAN: Tenaga Nasional Bhd (TNB) raided 33 premises around Kuantan suspected of interfering with the electricity distribution board as part of a Bitcoin mining operation, resulting in a loss of RM3....
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TNB loses RM3.2m in Kuantan to bitcoin miners
Tenaga Nasional Bhd (TNB) raided 33 premises around Kuantan suspected of interfering with the electricity distribution board in a bitcoin mining operation, resulting in a loss of RM3.2 million to the ...
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TNB loses RM3.2 million to Bitcoin miners in Kuantan
KUANTAN: Tenaga Nasional Bhd (TNB) raided 33 premises around Kuantan suspected of interfering with the electricity distribution board in a Bitcoin mining operation, resulting in a loss of RM3.2 millio...
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TNB loses RM3.2m in Kuantan to bitcoin miners
KUANTAN, Aug 7 — Tenaga Nasional Bhd (TNB) raided 33 premises around Kuantan suspected of interfering with the electricity distribution board in a bitcoin mining operation, resulting in a loss of RM...
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TNB loses RM3.2 mln in Kuantan to Bitcoin miners
The illegal Bitcoin mining operation used 1,500 Amp of unmetered electricity, and should have been billed RM108,000 monthly.
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TNB loses RM3.2 mil in Kuantan to bitcoin miners
KUANTAN (Aug 7): Tenaga Nasional Bhd (TNB) raided 33 premises around Kuantan suspected of interfering with the electricity distribution board in a bitcoin mining operation, resulting in a loss of RM3....
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CGSCIMB Research lowers target price for Tenaga to RM15.30
KUALA LUMPUR (Aug 6): CGSCIMB Research has maintained its  “Add” rating on Tenaga Nasional Bhd at RM13.86 with a lower target price of RM15.30 (from RM15.40) and said Tenaga has set clear growth ...
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SEDA allows property developers reserve NEM quota for new projects from Aug 5
PUTRAJAYA (Aug 2): Property developers are allowed to reserve Net Energy Metering (NEM) quota for new projects starting Aug 5, said Sustainable Energy Development Authority (SEDA) Malaysia.
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KLCI pares loss but stays down 0.64% as new tariff worry jolts markets
KUALA LUMPUR (Aug 2): The FBM KLCI pared some of its loss at the midday break but remained down 0.64%, tracking the fall at global markets as the threat of additional tariffs on China spooked investor...
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TNB incorporates two subsidiaries to facilitate internal reorganisation
KUALA LUMPUR (Aug 1): Tenaga Nasional Bhd (TNB) has incorporated two wholly-owned subsidiaries, TNB Power Generation Sdn Bhd (GenCo) and TNB Retail Sdn Bhd (RetailCo), to facilitate its proposed inter...
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TNB incorporates two subsidiaries to facilitate internal reorganisation
KUALA LUMPUR: Tenaga Nasional Bhd (TNB) has incorporated two wholly-owned subsidiaries, TNB Power Generation Sdn Bhd (GenCo) and TNB Retail Sdn Bhd (RetailCo), to facilitate its proposed internal reor...
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KLCI finishes up after falling as US dents rate cut bets
KUALA LUMPUR (Aug 1): The FBM KLCI closed up 4.2 points or 0.26% today at 1,639.07 on bargain hunting after falling earlier with Asian share markets as the US Federal Reserve dampened market expectati...
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S&P Global affirms 'BBB+' rating on Tenaga
SINGAPORE (July 31): S&P Global Ratings (S&P) has affirmed its 'BBB+' rating on Tenaga Nasional Bhd following its proposed reorganisation.
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KLCI pares loss but resumes downward movement in line with regional markets
KUALA LUMPUR (July 31): The FBM KLCI pared some of its loss at the midday break today, but resumed its downward movement in line with the fall at regional markets.
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KLCI loses 0.75% as investors fret over fresh trade war
KUALA LUMPUR (July 31): The FBM KLCI lost 0.75% at mid-morning as investors fret over the prospect of a fresh trade war between the US and China.
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Internal reorganisation gives TNB boost on Bursa
KUALA LUMPUR, July 31 — Tenaga Nasional Bhd (TNB) traded higher on Bursa Malaysia in the early session today following its proposal for internal reorganisation which had been approved by the board ...
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Tenaga up 1.76% on plan to revamp power generation and retail businesses
KUALA LUMPUR (July 31): Shares in Tenaga Nasional Bhd rose 1.76% this morning after its board approved a proposed internal reorganisation that divides the group’s businesses into power generation an...
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TNB board gives green light to revamp power generation and retail businesses
KUALA LUMPUR (July 29): Tenaga Nasional Bhd (TNB)’s board has approved the proposed internal revamp, which involves the transfer of its domestic power generation and electricity retail businesses in...
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TNB, DBKL looking into renewable energy collaboration
KUALA LUMPUR (July 29): Kuala Lumpur City Hall (DBKL) is considering the installation of solar panels on the rooftop of its buildings with the assistance of Tenaga Nasional Bhd (TNB), in line with the...
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TNB, DBKL looking into renewable energy collaboration
KUALA LUMPUR (July 29): The Kuala Lumpur City Hall (DBKL) is considering the installation of solar panels on the rooftop of its buildings with the assistance of Tenaga Nasional Bhd (TNB), in line with...
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MARC removes Quantum Solar Park from negative watch
KUALA LUMPUR: Malaysian Rating Corporation (MARC) has removed Quantum Solar Park (Semenanjung) Sdn Bhd’s (QSP Semenanjung) RM1bil green SRI sukuk rating from MARCWatch Negative.
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Investigation paper on TNB's overcharged bills with AGC
BANGI (July 23): The probe into Tenaga Nasional Bhd (TNB)’s alleged violation of the Energy Commission standard for service levels has been completed, with the investigation paper (IP) sent to the A...
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RAM reaffirms Tanjung Bin Energy’s AA3 sukuk rating for RM3.29b Sukuk
KUALA LUMPUR: RAM Ratings has reaffirmed the AA3/Stable rating of Tanjung Bin Energy Issuer Bhd’s RM3.29bil Sukuk Murabahah (2012/2032).
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KLCI dips 0.35% in line with regional weakness
KUALA LUMPUR (July 22): The FBM KLCI fell 0.35% in early trade this morning, tracking cautious regional markets, dragged by select blue chips.
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KLCI snaps three-day losing streak on US rate cut hint
KUALA LUMPUR (July 19): The FBM KLCI closed 9.26 points or 0.56% higher today on bargain hunting and after markets took New York Federal Reserve President John Williams' speech as a hint of a potentia...
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MIDF reafirms ‘buy’ call on TNB
KUALA LUMPUR, July 19 ― MIDF Research has reaffirmed its “buy” call on Tenaga Nasional Bhd (TNB) at an unchanged target price of RM14.40. In a note today, the research house said dividend yields...
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KLCI pares gains, Scomi Group up 16.7% on fresh lifeline
KUALA LUMPUR (July 19): The FBM KLCI pared some of its gains at the midday break today, while shares in ailing Scomi Group Bhd were actively traded after Tan Sri Wan Azmi Wan Hamzah and Gelombang Glob...
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TNB 'buy' call reaffirmed at MIDF
KUALA LUMPUR (July 19): MIDF Research has reaffirmed its “buy” call on Tenaga Nasional Bhd (TNB) at an unchanged target price of RM14.40. In a note today, the research house said dividend yields o...
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KLCI rises 0.42% as regional markets firm up
KUALA LUMPUR (July 19): The FBM KLCI rose 0.42% at mid-morning today, against the backdrop of firmer regional markets, lifted by index heavyweight Tenaga Nasional Bhd as well as Petronas Chemicals Gro...
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KLCI climbs 0.25% in line with regional gains, Scomi active on getting loan...
KUALA LUMPUR (July 19): The FBM KLCI climbed 0,.25% in early trade this morning, tracking the overnight advance at Wall Street, lifted by gains at select index-linked stocks.
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KLCI finishes at intraday low on Trump's new tariff threat
KUALA LUMPUR (July 18): The FBM KLCI finished 8.6 points or 0.52% lower today while small market capitalisation (small cap) stocks fell by a larger quantum as world markets reacted to US President Don...
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KLCI down 0.68% amid renewed trade war concerns; i-Stone up
KUALA LUMPUR (July 17): The FBM KLCI closed down 11.41 points or 0.68% today in line with Asian share markets' decline after US president Donald Trump threatened to impose tariffs on another US$325 bi...
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