Tenaga Nasional Berhad (“TNB”) wishes to announce that Orion Mission Sdn. Bhd. (“OMSB” or “the Company”), a wholly owned subsidiary of TNB, has on 9 April 2021, held its General Meeting at which had resolved that the Company be wound up voluntarily pursuant to Section 439(1) of the Companies Act 2016 (“Voluntary Winding-Up”) and that Datuk Mohd Afrizan bin Dato’ Husain of Messrs. Afrizan Tarmili Khairul Azhar be appointed as Liquidator of the Company.

OMSB was incorporated on 30 July 2007 and was principally engaged in investment holding. OMSB is currently dormant.

The Company is not a major subsidiary of TNB and its cost of investment is RM2.00. The Voluntary Winding-Up constitutes TNB’s Group rationalization efforts to wind-up inactive/dormant subsidiaries within TNB Group.

The Voluntary Winding-Up is not expected to have any material impact on the earnings and net assets of TNB Group for the Financial Year ending 31 December 2021. It is also not expected to have any operational impact on TNB Group.

None of the Directors or Major Shareholders of TNB and/or persons connected with them has any interest, direct or indirect, in relation to the Voluntary Winding-Up.

This announcement is dated 12 April 2021.