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8 stories mentioning KLSE:TENAGAUpdated 7d ago

Every FINWIRES story that references KLSE:TENAGA, newest first.

Asia

Tenaga Nasional Logs Lower Profit in Q2 but Revenue Rise

Tenaga Nasional's (KLSE:TENAGA) profit attributable to owners fell to 888.8 million ringgit in the second quarter from 1.16 billion ringgit a year ago.Earnings per share for the three months slid to 0.1525 ringgit from 0.199 ringgit a year earlier, according to a Thursday Malaysian bourse filing.Revenue of the power utility company, however, rose to 18.2 billion ringgit from 16.8 billion ringgit.The company's board also approved an interim single-tier dividend of 0.25 ringgit per share for the financial year ending Dec. 31.

KLSE:TENAGA
Asia

PMW Unit Bags MYR19 Million Supply Deal from Tenaga Nasional

PMW (KLSE:PMW) unit PMW Concrete Industries secured a 19.3 million ringgit optional-value contract from Tenaga Nasional (KLSE:TENAGA).Under the deal, the company unit will supply and deliver spun concrete poles for Tenaga Nasional's distribution network nationwide, according to a Thursday Malaysian bourse filing.The company also aims to pursue opportunities in electricity infrastructure, including renewable energy integration and data-center power projects..

KLSE:PMWKLSE:TENAGA
Asia

Malaysian Shares Rebound Mirroring Regional Gains

Malaysian shares ended in the green on Monday, reversing Friday's losses. The investor sentiment mirrored an upbeat regional performance.The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, gained 12.07 points to end 0.7% higher at 1,713.09.In corporate news, Malaysian sovereign wealth fund Khazanah Nasional sold shares worth 1.39 billion Malaysian ringgit in Tenaga Nasional (KLSE:TENAGA), Bloomberg reported, citing sources. On July 21, Khazanah placed 100 million shares of the state-owned power company for sale at 13.91 ringgit each, with settlement on July 24, sources told Bloomberg.Shares of Zetrix AI (KLSE:ZETRIX) slid over 2% on today's close after it applied to Bursa Malaysia Securities for the listing and quotation of new shares to be issued under its dividend reinvestment plan.Aneka Jaringan (KLSE:ANEKA) completed its acquisition of a 51% stake in P3 International after paying the purchase consideration to the vendor. Shares ended flat on Monday.

FTSE Bursa Malaysia KLCIKLSE:ANEKAKLSE:TENAGAKLSE:ZETRIX
Asia

Market Chatter: Khazanah Sells Shares Worth MYR1.39 Billion in Tenaga Nasional

Malaysian sovereign wealth fund Khazanah Nasional sold shares worth 1.39 billion Malaysian ringgit in Tenaga Nasional (KLSE:TENAGA), Bloomberg reported Friday, citing sources.On July 21, Khazanah placed 100 million shares of the state-owned power company for sale at 13.91 ringgit each, with settlement on July 24, sources told Bloomberg.According to Bloomberg data, Khazanah holds a 17.7% stake in Tenaga, making it the second-largest shareholder.Khazanah and Tenaga did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

KLSE:TENAGA
Asia

Samaiden Unit Begins Construction of Large-Scale Solar 5 Project

Samaiden Group (KLSE:SAMAIDEN) said its unit Samaiden Legasi Timur started full-scale construction of its Large Scale Solar 5 (LSS5) project in Pasir Mas, Kelantan, in Malaysia.The project, awarded under Malaysia's LSS5 programme in December 2024, comprises a 99.99-megawatt alternating current (MWac) solar photovoltaic facility on a 162-hectare site leased from Perbadanan Kemajuan Iktisad Negeri Kelantan.It has secured a power purchase agreement with Tenaga Nasional (KLSE:TENAGA), financing from Bank Islam Malaysia, and the required regulatory approvals, the company said in a statement.

KLSE:SAMAIDENKLSE:TENAGA
Asia

Malaysian Shares End in Green Bucking Regional Losses

Malaysian shares ended in the green on Thursday, as investor interest rebounded, bucking regional losses.The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, gained 10.5 points to end 0.6% higher at 1,683.26. The day range was between 1,673.70 and 1,689.83.In local news, Malaysia's gas supply remains stable, with most electricity generation still backed by domestic sources, while the government continues to monitor the energy sector amid global uncertainties, The Star reported, citing Science, Technology and Innovation Minister Datuk Chang Lih Kang.In corporate news, shares of Petronas Gas (KLSE:PETGAS) gained over 1% on close after it signed a binding heads of agreement with Tenaga Nasional (KLSE:TENAGA) unit Integrax, to jointly develop the third regasification terminal (RGT-3) in Perak, Malaysia. The project will be developed through a special purpose vehicle, and is based on a floating storage regasification unit (FSRU) conceptWhereas, shares of Velesto Energy (KLSE:VELESTO) slid about 2% on Thursday's close after its unit Velesto Sumber secured a contract from Northern Gulf Petroleum to provide jack-up drilling services offshore Thailand.

FTSE Bursa Malaysia KLCIKLSE:PETGASKLSE:TENAGAKLSE:VELESTO
Asia

Petronas Gas, Tenaga Nasional Unit to Develop Third Regasification Terminal

Petronas Gas (KLSE:PETGAS) signed a binding heads of agreement with Tenaga Nasional (KLSE:TENAGA) unit Integrax, to jointly develop the third regasification terminal (RGT-3) in Perak, Malaysia.The project will be developed through a special purpose vehicle, and is based on a floating storage regasification unit (FSRU) concept, according to a Thursday Malaysian bourse filing.The planned facility boasts an engineered LNG storage capacity of 170,000 cubic metres and a send-out capacity of 500 million standard cubic feet per day.The fuel procurement and supply arm of Tenaga Nasional, TNB Fuel Services, will underwrite the terminal's capacity in phases. Full capacity expected from 2030 onwards, it added.

KLSE:PETGASKLSE:TENAGA
Asia

Malakoff Unit Sign Power Purchase Deals With Tenaga Nasional

Malakoff (KLSE:MALAKOF) units - GB3, and Segari Energy Ventures - signed new power purchase agreements with Tenaga Nasional (KLSE:TENAGA) to extend operations of their gas-fired power plants in Perak, Malaysia, according to a Monday Malaysian bourse filing.Malakoff's shares slid 2% in Tuesday's late morning trade, while those of Tenaga Nasional were flat.The deals cover the 429-megawatt open cycle gas turbine plant operated by GB3 and the 1,303-megawatt combined cycle gas turbine plant operated by SEV.The GB3 plant is scheduled to begin operations under the new agreement by Jan. 1, 2027, while the SEV plant is set to start by July 1, 2027. Both agreements will expire on Dec. 31, 2029, it said.The GB3 plant's original 21-year PPA expired in December 2022, while the SEV plant's initial 21-year agreement expired in June 2017 and was followed by a 10-year extension ending in June 2027, the filing said.

KLSE:MALAKOFKLSE:TENAGA

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