(EnergyAsia, June 28) — MayBan Securities has placed a ‘hold’ rating on the stock of Malaysia’s power company Tenaga Nasional Berhad (TNB), which recently agreed to buy a 22.5% stake in TNB Coal International (TCIL) equivalent to 26.6 million shares. Upon completion of the deal, TNB will hold 92.5% interest in TCIL while individual Nik…
MALAYSIA: MayBan puts Tenaga Nasional Bhd on ‘hold’
Posted on June 28, 2005 by EnergyAsia