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
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
