Tenaga gets RM1b govt compensation: CIMB
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Tenaga gets RM1b govt compensation: CIMB
Tenaga Nasional Bhd, Malaysia's biggest power producer, received an
advanced payment of RM1 billion from the government on behalf of
state-owned Petroliam Nasional Bhd as compensation for additional costs
arising from a shortage of gas supply, CIMB Group Holdings Bhd said in a
report today.
Tenaga may get another RM1 billion from the
government within this financial year ending August, Terence Wong, an
analyst at CIMB, wrote in the report, without saying where he got the
information. -- Bloomberg
advanced payment of RM1 billion from the government on behalf of
state-owned Petroliam Nasional Bhd as compensation for additional costs
arising from a shortage of gas supply, CIMB Group Holdings Bhd said in a
report today.
Tenaga may get another RM1 billion from the
government within this financial year ending August, Terence Wong, an
analyst at CIMB, wrote in the report, without saying where he got the
information. -- Bloomberg
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Re: Tenaga gets RM1b govt compensation: CIMB
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