.
“The upcoming results season is expected to usher in re-rating catalysts in the form of strong quarter on quarter earnings growth or fat dividends for all of these stocks except Sunway, ” UOB added. has been a significant laggard and should appeal to longer-term investors.
Meanwhile, in its report to clients yesterday, Hong Leong Investment Bank Research (HLIB Research) said on the whole, the Permai stimulus which was announced on Monday, “seems to be largely targeted at both the rakyat and SMEs that have been hit by the negative ramifications of Covid-19.”
“From a market perspective, our sense is that the stimulus initiatives were largely reiterations of previously announced ones, ” it said.
TNB users can expect lower electricity bills up to 9 2% for the first 6 months of 2021 soyacincau.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from soyacincau.com Daily Mail and Mail on Sunday newspapers.
KUALA LUMPUR: Domestic, commercial and industrial account holders of Tenaga Nasional Bhd (TNB) will generally enjoy a rebate of between 3.6% and 9.2% in the first half of next year.
As many as 7.5 million domestic users will be paying between 3.6% and 9.2% less for their electricity usage during the period, said Energy and Natural Resources Minister Datuk Dr Shamsul Anuar Nasarah.
For commercial users, the rebate will be between 4% and 5.2% whereas for industrial users, the reduction will be between 4.6% and 6.1%, he said at the Peninsular Malaysia Forestry Department yesterday.
Shamsul said the TNB account holders stand to enjoy a rebate of two sen per kilowatt hour from Jan 1 to June 30,2021.
Research houses positive on TNB S ICPT rebate, RP2 theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.
KUALA LUMPUR (Dec 23): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Dec 24) include: Tenaga Nasional Bhd, Malaysia Airports Holdings Bhd, Yi-Lai Bhd, Boustead Holdings Bhd, Jiankun International Bhd, Marine & General Bhd, Poh Huat Resources Holdings Bhd, and Hap Seng Consolidated Bhd.
Tenaga Nasional Bhd (TNB) has entered into a deal with
Malaysia Airports Holdings Bhd (MAHB) to supply cooling energy and electricity at the Kuala Lumpur International Airport for a period of 20 years. A joint venture firm between TNB s wholly-owned subsidiary TNB Engineering Corp Sdn Bhd and MAHB s wholly-owned unit Airport Ventures Sdn Bhd has been set up to undertake the project. The total project cost for the JV project is RM183 million and will be funded through a combination of external borrowings by the concessionaire and shareholders equity.