KUALA LUMPUR: Shares of TENAGA NASIONAL BHD [] were off their earlier high of RM8.82 on Thursday, Dec 9 after Energy, Green TECHNOLOGY [] and Water Minister Datuk Seri Peter Chin Fah Kui said there would not be a tariff hike for now.
At 12.14pm, Tenaga was up 15 sen to RM8.73, but off the intra-morning high of RM8.82.
Chin said it would be up to the Economic Council chaired by the Prime Minister, to decide.
Earlier, Tenaga shares jumped on a news report the Cabinet had agreed in agreed in principle to a revision of electricity tariff but the implementation date has not been decided yet.
At 12.14pm, Tenaga was up 15 sen to RM8.73, but off the intra-morning high of RM8.82.
Chin said it would be up to the Economic Council chaired by the Prime Minister, to decide.
Earlier, Tenaga shares jumped on a news report the Cabinet had agreed in agreed in principle to a revision of electricity tariff but the implementation date has not been decided yet.
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