Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last 12.12 MYR
Change Today -0.02 / -0.16%
Volume 6.2M
TNB On Other Exchanges
Symbol
Exchange
Kuala Lumpur
As of 4:50 AM 07/30/15 All times are local (Market data is delayed by at least 15 minutes).

tenaga nasional bhd (TNB) Snapshot

Open
12.14
Previous Close
12.14
Day High
12.16
Day Low
12.08
52 Week High
02/4/15 - 16.96
52 Week Low
08/8/14 - 11.94
Market Cap
68.4B
Average Volume 10 Days
9.5M
EPS TTM
1.18
Shares Outstanding
5.6B
EX-Date
05/18/15
P/E TM
10.3x
Dividend
0.29
Dividend Yield
2.39%
Current Stock Chart for TENAGA NASIONAL BHD (TNB)

Related News

No related news articles were found.

tenaga nasional bhd (TNB) Related Businessweek News

No Related Businessweek News Found

tenaga nasional bhd (TNB) Details

Tenaga Nasional Berhad provides electricity generation, transmission, and distribution services in Malaysia. The company operates six thermal stations and three hydroelectric schemes, as well as manages and operates the National Grid, which is connected to Thailand’s transmission system in the north and Singapore’s transmission system in the south. It also transmits electricity from power generators to distributors and industrial customers. In addition, the company plans, designs, constructs, operates, and maintains the nation’s electricity supply system to provide electricity to all segments of customers. Further, it manufactures and sells distribution, generator, earthing, and power transformers; high and medium voltage switchgears; and bare conductors, power cables, aluminum and alloy rods, and optical ground wires. Additionally, the company offers project management and turnkey contracting of transmission and distribution substations; and training in engineering, information technology, business management, and related areas; preventive maintenance, corrective maintenance, remanufacturing of transformers, installation, testing, and commissioning of transformers. It also provides maintenance services, repairs and refurbishments, testing and diagnostic services, and project management; supplies fuel and coal for power generation; and ownership, engineering, procurement, construction, and project financing of district cooling systems projects. The company was formerly known as The National Electricity Board of the States of Malaya and changed its name to Tenaga Nasional Berhad in September 1990. The company was founded in 1949 and is headquartered in Kuala Lumpur, Malaysia.

36,146 Employees
Last Reported Date: 11/28/14
Founded in 1949

tenaga nasional bhd (TNB) Top Compensated Officers

Chief Executive Officer, President, Chief Ope...
Total Annual Compensation: 2.8M
Compensation as of Fiscal Year 2014.

tenaga nasional bhd (TNB) Key Developments

Tenaga Nasional Makes Offer For Edra's Power Assets

1Malaysia Development Berhad (1MDB) stated that it welcomed Tenaga Nasional Berhad (KLSE:TENAGA)'s interest in its power assets. IMDB added that it had also received indicative and non-binding offers from other local and international parties. Tenaga Nasional stated: “Tenaga Nasional Berhad (TNB) wishes to announce that it continuously evaluates a range of potential investment opportunities as part of its commitment to ensuring sustainable long-term earnings growth and maximising shareholder value. With this in mind and in response to the process being run by 1Malaysia Development Berhad in respect of its investment in Edra Global Energy Bhd ("Edra"), TNB has submitted an indicative non-binding proposal to acquire the five (5) domestic and eight (8) international power assets of Edra. TNB would like to emphasise that it remains in the initial stages of its assessment of Edra’s power assets. Therefore, there can be no assurance that any transaction will be concluded. Any potential transaction would need to make strong commercial and financial sense and be value accretive to TNB’s shareholders. Any transaction would also be assessed based on the highest standards of corporate governance.”

Fitters Diversified Bhd Announces Renewable Energy Power Purchase Agreement with Tenaga Nasional Bhd

Fitters Diversified Bhd announced its renewable energy power purchase agreement with Tenaga Nasional Bhd to supply two megawatts of renewable electricity to the utility starting February next year for 16 years. The deal was secured through Fitters' wholly-owned subsidiary, Future Biomass Gasification Sdn Bhd. The company said the renewable electricity will be produced at its green mill in Baling, Kedah, from palm oil mill effluent in the biogas capture plant that will be converted to electricity. The mill will also produce dry long fibre (DLF) that will be used for mattress production and other industrial applications and also biofuel briquettes from the empty fruit bunches.

Aljomaih And Qatar Investment Reportedly In Talks To Acquire Stake In Edra

Aljomaih Holding Company and Qatar Investment Authority are known to be in discussions to acquire about 49% stake in Edra Global Energy Bhd, a wholly owned unit of 1Malaysia Development Berhad (1MDB), sources said. The stake sale is known to be part of a prelude to a possible flotation exercise on Bursa Malaysia. “Earlier indications were that the listing (of Edra) was off, but there seems to have been a revival of the plan to float Edra's shares on the local bourse. The logic is that if 1MDB were to sell the power generation assets now, it (1MDB) would get a fire-sale price as everyone knows the pressure it is under. On the other hand, if some cash was obtained — like from selling just 49% — merely to settle some of the more pressing loans, after which 1MDB would then renegotiate the remaining debt commitments, 1MDB may be able to still hold on to control of Edra while solving its problems," the source explains. At present, several parties such as IJM Corporation Berhad (KLSE:IJM), Tenaga Nasional Berhad (KLSE:TENAGA), Sembcorp Industries Ltd (SGX:U96), ACWA Power International and San Miguel Corporation (PSE:SMC) are known to have expressed interest in Edra. "These assets under Edra are national assets. 1MDB is a GLC (government-linked company) so there is a need to be prudent and not just sell the assets quickly, sweep all the problems under the carpet - there is a need to get the best value from the sale," the source adds. The enterprise value of Edra is in the region of MYR 16 billion to MYR 18 billion. News reports have the value of Edra based on the sale to the interested parties pegged at around MYR 15 billion.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
TNB:MK 12.12 MYR -0.02

TNB Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Malakoff Corp Bhd 1.69 MYR +0.03
YTL Power International Bhd 1.56 MYR -0.01
View Industry Companies
 

Industry Analysis

TNB

Industry Average

Valuation TNB Industry Range
Price/Earnings 8.6x
Price/Sales 1.4x
Price/Book 1.4x
Price/Cash Flow 8.6x
TEV/Sales 0.5x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact TENAGA NASIONAL BHD, please visit www.tnb.com.my. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.