KUALA LUMPUR (AFX-ASIA) – Rating Agency Malaysia Bhd (RAM) said it has reaffirmed the “AA1/P1” ratings assigned to Tenaga Nasional’s (TNB) debt issues. “The ratings reflect TNB’s entrenched position as the national utility company in Malaysia as well as its strategic importance to the country’s economic development. “The group continues to have a virtual monopoly…

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KUALA LUMPUR (AFX-ASIA) – Rating Agency Malaysia Bhd (RAM) said it as reaffirmed the “AA1/P1” ratings assigned to Tenaga Nasional’s (TNB) debt issues. “The ratings reflect TNB’s entrenched position as the national utility company in Malaysia as well as its strategic importance to the country’s economic development. “The group continues to have a virtual monopoly…

This article is for Subscriber members only.
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