Expected tariff rise boost Tenaga's long-term appeal

Article Abstract:

Tenaga Nasional is a state-controlled Malaysian utility that is considered to be one of the top blue-chip stocks in the country. Despite heavy losses in a venture in Pakistan, Tenaga's stock is expected to do well since it is likely to be granted a rate increase in 2000. The tariff increase is expected to be approved since Tenaga's return on assets is a relatively low 2%, as compared to 8% for power companies in other Asian countries.

Securities, Company Profile, Tenaga Nasional Bhd.

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Spotlight shifts from a former Malaysian darling

Article Abstract:

Malaysia's state-owned power utility Tenga Nasional is having financial difficulties after Prime Minister Mahathir Mohamad claimed the company would invest in a hydroelectric project on Borneo. Share prices fell by more than 30% after the announcement, and analysts expect Tenga's value to fall even further with expectations of a slowdown in the Malaysian economy and possible currency devaluation.

Sales, profits & dividends, Administration of Air and Water Resource and Solid Waste Management Programs, Securities prices, Hydroelectric Projects, Statistical Data Included, Finance, Energy policy, Mahathir Mohamad, Speeches, lectures and essays, Hydroelectric construction, Tenga Nasional

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Bidding war delays plant construction

Article Abstract:

Teknologi Tenaga Perlis Consortium Sdn. Bhd. (TTP) has been attempting to sell its license to build a $450-million power plant in Malaysia. Several business groups are involved in a bidding war for the licenses, and the battle is delaying the venture.

Asset sales & divestitures, Mergers, acquisitions and divestments, Column, Teknologi Tenaga Perlis Consortium Sdn. Bhd.

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