TNB keeps mum on leadership change rumours
PETALING JAYA: Tenaga Nasional Bhd ’s (TNB) stock took a dip amidst rumours that its president and CEO, Datuk Seri Azman Mohd (pic), has been told to step down.
This was despite the energy utility company’s announcement earlier yesterday of a proposed final dividend of 23 sen per ordinary share for the financial year ended Dec 31, 2018, payable on April 11.
The counter closed at RM12.64 after trading at an intra-day high of RM12.72, down 0.6% with 2,189,300 shares being traded.
TNB has neither confirmed nor denied that there would be a change in the leadership of the state-owned electricity utility.
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