Skip to main content

Posts

Showing posts with the label tenaga national

Featured Post

Market Daily Report: Bursa Malaysia Ends Nearly Flat As Construction Stocks Attract Buying

 KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.

Powering Up: Malaysia’s Energy Transition Is Gaining Real Traction

At  MoneyMaster , we believe some of the best investment stories start quietly—just like Malaysia’s utilities sector right now. This week, national utility   Tenaga Nasional   signed a landmark deal to supply   500MW of renewable energy   to DayOne’s hyperscale data centers in Johor under the   Corporate Renewable Energy Supply Scheme (CRESS) . It’s a 21-year commitment that brings total green energy contracts under CRESS to   around 1.3GW —not bad for a program launched less than a year ago. Under the Radar: A Market-Driven Green Shift While the market buzzes about data centers, what’s really unfolding is a  structural energy shift . CRESS enables direct power contracts between corporates and renewable developers, ditching slow, quota-based bidding systems for a  market-based “willing buyer, willing seller” model . The result? Faster rollouts. Better project economics. And more confidence for investors. Here’s what’s already on the board: Te...