Deutsche Bank downgrades TNB on asset buy risks
- 6 years ago
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As several power assets have been reported to be up for sale, Deutsche Bank markets research has raised concerns on the risk of Tenaga Nasional (TNB) overpaying for these potential acquisitions.
Deutsche bank also foresees an electricity tariff reduction going forward.
As several power assets have been reported to be up for sale, Deutsche Bank markets research has raised concerns on the risk of Tenaga Nasional (TNB) overpaying for these potential acquisitions.
Deutsche bank also foresees an electricity tariff reduction going forward.