Tenaga Nasional Bhd · MYX:TENAGA
Tenaga Nasional Bhd — Shareholder Meeting (December 2016)
7 slides from Tenaga Nasional Bhd's shareholder meeting presentation, Dec 15, 2016
Slide 1: 26th Annual General Meeting
26TH ANNUAL GENERAL MEETING KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (KWAP) 15th December 2016 A BRIGHTER TOMORROW BEGINS WITH A BETTER TODAY. Prepared by: Investor Relations & Management Reporting Department
Slide 2: Q1a: Electricity demand, generation mix and reserve margins
KWAP 26th AGM Q1 TNB continues to install new domestic capacity - a total of 1,882MW in FY2016 with another 3,201MW in the pipeline to be commissioned between the end of 2016 and 2019 (refer page 26, 2016 Annual Report). With regards to this expansion, please provide the following: Q1a What is TNB’s
Slide 3: Q1b: Capex required for capacity expansion
KWAP 26th AGM Q1 TNB continues to install new domestic capacity - a total of 1,882MW in FY2016 with another 3,201MW in the pipeline to be commissioned between the end of 2016 and 2019 (refer page 26, 2016 Annual Report). With regards to this expansion, please provide the following: Q1b The additiona
Slide 4: Q2: Revenue growth targets and diversification
KWAP 26th AGM Q2 TNB financial statement showed that revenues increased by 2.9% from RM43.3 billion to RM44.5 billion in FY2016. Please share the company’s targeted revenue growth for the next few years and how does the company plan to diversify its revenue sources without compromising margins. Answ
Slide 5: Q3: Additional tax assessments and normalised tax rate
KWAP 26th AGM Q3 TNB on 23rd November 2015 received Notices of Additional Assessment for the years of assessment 2013 and 2014 for the sum of RM985,574,533.39 and RM1,082,614,007.13 respectively. Assuming TNB does not win the claim, what is TNB’s expectations of the normalised tax rate in coming yea
Slide 6: Q4: Expansion outside Malaysia
KWAP 26th AGM Q4 Given that TNB recently acquired a 30% stake in Gama Enerji and GMR Energy, gaining a foothold in Turkey and India, should we expect further expansion outside Malaysia? (refer page 38, 2016 Annual Report). Answer: • TNB will continue to explore potential investment opportunities for
Slide 7: Q5: Sweihan 350MW solar PV project update
KWAP 26th AGM Q5 TNB is also venturing into Renewable Energy (RE) internationally. Please share with us the latest updates on the Sweihan 350MW solar PV independent power plant project in Abu Dhabi, UAE (refer page 39, 2016 Annual Report). Answer: • TNB participated as a member of a consortium that
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