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August 8, 2018 3:30 AM TNB: Special incentive in conjunction with National Day celebrations

KUALA LUMPUR: In conjunction with the 61st National Day celebrations, Tenaga Nasional Bhd (TNB), is once again offering a special incentive towards encouraging commercial consumers to light up their buildings and the surrounding areas with decorative lighting. In a statement here today, TNB said the incentive, in place since 2000, is for all commercial 4

August 7, 2018 1:29 PM Inta Bina awarded RM62m construction job

PETALING JAYA: Inta Bina Group Bhd has secured a construction contract worth of RM62.64 million. The group said in a filing with the stock exchange that its wholly owned subsidiary Inta Bina Sdn Bhd (IBSB) had on Aug 7 agreed and accepted the letter of award from DTLM Design Group Sdn Bhd for the appointment of IBSB as the main contractor to construct 7

July 16, 2018 3:26 AM Bintai Kinden's shares rise 15.38% after bagging TNB contract

PETALING JAYA: Bintai Kinden’s share price rose 15.38% this morning after it secured a RM50.48 million contract from Tenaga Nasional Bhd (TNB). At 11.10am, the stock was 15.38% or 2 sen higher at 15 sen with 3.35 million shares traded. The contract from TNB is to undertake the establishment of a new 132kV GIS switching station in Selangor. The contract 13

June 29, 2018 5:36 AM TNB to continue with ICPT till year-end

PETALING JAYA: Tenaga Nasional Bhd(TNB) has been given the nod by the government via the Energy Commission Malaysia for the continued implementation of the imbalance cost pass-through (ICPT) at an unchanged base tariff rate. TNB said in a filing with the stock exchange that the implementation of the ICPT is to continue for the period between July 1 and December 4

June 28, 2018 4:17 PM Turkey's Gama said in talks with TNB, others for sale of its 50.5% stake in energy unit

ISTANBUL: Turkish conglomerate Gama Holding is in talks with Malaysia's Tenaga Nasional BHd (TNB) and other potential buyers about a sale of its 50.5% stake in its Gama Enerji energy unit, three sources said, as part of a US$1 billion (RM4 billion) debt restructuring. Gama, which has businesses spanning oil, cement, petrochemicals and natural gas, is the latest 4

June 28, 2018 6:09 AM MGB share price unchanged despite expected contract wins

PETALING JAYA: MGB Bhd, formerly known as ML Global Bhd, share price was unchanged at 9.35 sen after it received a letter of intent from Kemudi Ehsan Sdn Bhd (KESB), a subsidiary of LBS Bina Group Bhd for piling, building and internal infrastructure works worth RM175.2 million for the proposed Phase 3A and Phase 3B development projects in Ijok, Kuala 5

June 5, 2018 2:04 AM Bursa Malaysia extends losses to open lower

KUALA LUMPUR: Bursa Malaysia extended losses from yesterday to open easier this morning on continued profit-taking in selected heavyweight counters, dealers said. At 9.05am, the FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,751.17, falling four points from Monday's close of 1,755.17. On the broader market, gainers led losers 128 to 70, while 145 counters 6

May 25, 2018 9:19 AM Tenaga Nasional registers RM2.12b net profit in Q1

PETALING JAYA: Tenaga Nasional Bhd (TNB) reported a net profit of RM2.12 billion for three months ended March 31, 2018. Revenue, meanwhile, stood at RM12.27 billion for the quarter under review. Due to the change in the financial year from August 31 to December 31, its performance of the current period is not comparable against any comparative period 15

March 31, 2018 9:42 AM RM61.5m to boost water supply for Orang Asli in Pahang

Prime Minister Datuk Seri Najib Tun Razak today announced an allocation of RM61.5 million for the implementation of Phase 1 of the Orang Asli Village Water Supply Project in Pahang. — Picture by Yusof Mat IsaPEKAN, March 31 — Prime Minister Datuk Seri Najib Tun Razak today announced an allocation of RM61.5 million for the implementation of Phase 1 of the Orang 11

March 30, 2018 11:21 AM Minetech Resources unit inks 21-year power deal with TNB

PETALING JAYA: Minetech Resources Bhd's 70%-owned subsidiary Coral Power Sdn Bhd has entered into a 21-year power purchase agreement (PPA) with Tenaga Nasional Bhd (TNB) in relation to the generation and sale of solar photovoltaic energy to TNB's grib system at the Pantai Remis main distribution sub-station. The solar photovoltaic energy will be generated 9