Tenaga Nasional Bhd. (Malaysian Stock Exchange: 5347)


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Business Description
Tenaga Nasional Berhad (TNB) is engaged in the business of the generation, transmission, distribution and sales of electricity. The Company operates in three divisions: Generation Division, Transmission Division and Distribution Division. In Peninsular Malaysia, the Company is a contributor to the total industry capacity through six thermal stations and three hydroelectric schemes. It also manages and operates the National Grid, which links TNB power stations and IPPs to the distribution network in the peninsula. The grid is connected to Thailand's transmission system in the north and Singapore's transmission system in the south. In July 2012, Kumpulan Wang Persaraan (Diperbadankan) has a ceased to be a shareholder of the Company. In April 2013, Amanahraya Trustees Berhad - Skim Amanah Saham Bumiputera sold its 100% interest in the Company. In April 2013, the Company announced that Employees Provident Fund Board has 92% shares of the Company.