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KLSE News: 19 June 2015 – 1Malaysia Development Bhd’s (1MDB) divestment of its Project 3B to Tenaga Nasional Bhd (TNB), as confirmed by the minister in charge of energy…

1Malaysia Development Bhd’s (1MDB) divestment of its Project 3B to Tenaga Nasional Bhd (TNB), as confirmed by the minister in charge of energy, is only one part of the process to monetise the power assets. The bigger plan that is taking shape is the possibility of a local company coming in as an investor or […]

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KLSE News: 18 June 2015 – Mudajaya is keen to explore opportunities including possibly to acquire 1MDB’s power assets…

Mudajaya is keen to explore opportunities including possibly to acquire 1MDB’s power assets but the price must be right. Chairman Datuk Yusli Yusoff said the group was looking to acquire power assets that “make good returns”. However, it had not approach 1MDB nor has the fund approached the company. 1MDB’s existing power assets currently have […]

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