Tenaga Nasional Bhd · MYX:TENAGA
Tenaga Nasional Bhd — Shareholder Meeting (2025)
29 slides from Tenaga Nasional Bhd's shareholder meeting presentation, Jun 23, 2025
Slide 1: 35th AGM 2025 Questions and Answers Session
APPENDIX D 35th AGM 2025 Questions and Answers Session
Slide 2: Pre-AGM/Online Questions
TENAGA NASIONAL Pre-AGM/Online Questions
Slide 3: Financial
TENAGA NASIONAL FINANCIAL
Slide 4: Dividend payout question and answer
QUESTION 1 TEH SENG KONG MANOHARAN A/L PACKIAM PILLAI LIM SAN KIM YAP ZHENG NAME : LIM CHEE HAI YAP HECK WEI Do company intend to increase the rate of dividend payment in the coming financial year? Q : With the current global uncertainty, will the dividend payout be affected? • The current dividend
Slide 5: Dividend policy answer (continued)
QUESTION 1 TEH SENG KONG MANOHARAN A/L PACKIAM PILLAI LIM SAN KIM NAME : LIM CHEE HAI YAP HECK WEI Cont’d: • TNB is committed to our current dividend policy that would provide stable and sustainable dividends to shareholders while maintaining an efficient capital structure and sufficient to cater to
Slide 6: Strategy & Growth
TENAGA NASIONAL STRATEGY & GROWTH
Slide 7: Threats from the current trade war
QUESTION 2 NAME : MOHD ZAIRUL BIN MOHAMMAD ZIN Q : What are the threats that Tenaga may be anticipating due to the current trade war? • While ongoing global trade tensions present challenges across economies, TNB is proactively managing the impact through focused strategies aligned with our long-ter
Slide 8: AGM Matters
TENAGA NASIONAL AGM MATTERS
Slide 9: Request for TNB Integrated Annual Report
QUESTION 3 TAN SIEW BEE LIM SAN KIM LAM CHIUH BIN NAME : NG IT SZE @ NG JOO SAI LYE BOON KIM PANG HENG CHEONG LOO YEO MING HO XIN RU Q : Request For TNB Integrated Annual Report • In line with the on-going Group’s commitment in promoting sustainability as well as to achieve greater cost efficiencies
Slide 10: Door gifts and vouchers for shareholders
QUESTION 4 TAN SIEW BEE HENG KEE OOI CHEOK TAY YONG LIANG SAI CHONG YEH BOON SEAN FONG LEE YONG LIM CHEE HAI LOW POH SIM TAN MEI CHI FOONG WING CHUN NAME : NG IT SZE @ NG JOO SAI YONG JOON LOW BENG NOR UMAIRAH BINTI FAH CHOO SALLEH MANOHARAN A/L PACKIAM PILLAI LIN SAN KIM LEE PHEI YIN LYE BOON KIN M
Slide 11: Strategy & Growth
TENAGA NASIONAL STRATEGY & GROWTH
Slide 12: Illegal electricity tapping by bitcoin miners
QUESTION 5 NAME : KHOO SUAN PHAIK Q : How does the company plan to overcome the illegal electricity tapping especially by bitcoin miners? To overcome illegal electricity tapping by Bitcoin miners, TNB has taken several key measures: • Joint Enforcement Operations: Collaborating with the Energy Commi
Slide 13: Questions from the Floor
TENAGA NASIONAL Questions from the Floor
Slide 14: MSWG questions on tax, debt, ICPT and ESG
QUESTION 1 NAME : DR. ISMET YUSOFF (Chief Executive Officer, MSWG) • There was RM1.39 billion additional taxes that was submitted by the Inland Revenue Board of Malaysia (IRB) to TNB. What is the status of that judicial review and what would be the impact if judicial review was unsuccessful by TNB?
Slide 15: Answer: debt, gearing and refinancing
QUESTION 1 NAME : DR. ISMET YUSOFF (Chief Executive Officer, MSWG) Cont’d: • Based on TNB’s 2024 financial performance, the company has successfully reduced its debt, improving the gearing ratio to a healthy 48.7%, down from previous levels. During 2024, TNB reduced its debt by nearly RM4 billion. •
Slide 16: Answer: Nenggiri project and community
QUESTION 1 NAME : DR. ISMET YUSOFF (Chief Executive Officer, MSWG) Cont’d: • Nenggiri Project - TNB has been actively engaging with key stakeholders, including the Kelantan State Government and the Department of Orang Asli Development (JAKOA), in relation to the Nenggiri project. • A compensation an
Slide 17: Questions on electricity tariffs, smart meters and tenants
QUESTION 2 NAME : RAYMOND SOH KOK CHONG • Tariff Electricity is very high, what are the plans from TNB to lower the rate? • How do hydrogen powered car impacted TNB? Q : • How do TNB helps the owner in making sure the tenant pay on time? Appreciate if TNB can help to cut supply in time. • Smart Mete
Slide 18: Landlord and tenant responsibilities for accounts
QUESTION 2 NAME : RAYMOND SOH KOK CHONG Cont’d: • Clarification on Landlord and Tenant Responsibilities for Electricity Accounts - The relationship between TNB and its customers is based on the name registered on the electricity account, regardless of whether the individual is a landlord or a tenant
Slide 19: Smart meter remote disconnection
QUESTION 2 NAME : RAYMOND SOH KOK CHONG Cont’d: • Smart meter technology does enable remote disconnection capabilities. However, TNB presently has not activated this feature due to several important considerations. • We recognise that certain premises may house vulnerable individuals, such as the el
Slide 20: Electricity theft strategies and losses
QUESTION 3 NAME : MANOHARAN A/L PACKIAM PILLAI Electricity Theft - TNB is still using enforcement to prevent electricity theft. What are the other new strategies Q : from TNB to prevent such theft as well as reducing technical and non-technical losses? • There are two key components in addressing el
Slide 21: Questions on IPPs, plants, dams, nuclear and high speed train
QUESTION 4 NAME : YAP KIM TONG • Power generated by the power station that not taken up by the consumer - How much are wasted? What is the relationship of TNB with the IPP under the new Government? Is the agreement still going on? • Old machinery for power plant - Is there any plan to replace them?
Slide 22: Answer: generation technology and hydro stations
QUESTION 4 NAME : YAP KIM TONG Cont’d: • Today’s power generation technology primarily originates from Europe, the United States, and Japan. The leading Original Equipment Manufacturers (OEMs) are from these regions and their technologies are selected based on efficiency, cost-effectiveness, and pro
Slide 23: Answer: nuclear energy and high-speed rail
QUESTION 4 NAME : YAP KIM TONG Cont’d: • TNB views nuclear energy as a potential option for future clean energy generation. As always, we will be stand guided by the Government’s policy and position on nuclear power in Malaysia. • We remain committed to engage with relevant stakeholders to further e
Slide 24: Questions on TNB app and vendors
QUESTION 5 NAME : LINDA RAMLEE • TNB app currently is very bad, especially regarding the payment, sometimes we have to wait until 24 hours for the payment to be reflected and if we make the second payment for the unsuccessful transaction, that payment later will be redundant. So, it is very ridiculo
Slide 25: Answer: vendor EPF concerns
QUESTION 5 NAME : LINDA RAMLEE Cont’d: • Vendor issue – EPF Related Concerns - We acknowledge and appreciate the feedback shared on this matter. • However, it's important to note that the obligation to pay EPF contributions lies with the respective company or vendor, and TNB typically does not have
Slide 26: Solar generation under transmission grid
QUESTION 6 NAME : REDHUAN KENG B. ABDULLAH Q : Is it practical, feasible and profitable to generate solar energy under Malaysian Grid line? • TNB recognises the potential to utilise land beneath the transmission grid, but the feasibility and profitability of installing solar panels in these areas mu
Slide 27: Questions on R&D, subsidiaries and overseas assets
QUESTION 7 NAME : CHARLIE SHAK KUM CHOY • Page 316 IAR - R & D, increase from RM121 to RM181 million. Exactly RM60 million. Can the Board elaborate the increase and involve which sectors? Is TNB university in Bangi (UNITEN) funded with any from RM181 million? • Winding up of subsidiary. Page 238 IAR
Slide 28: Answer: subsidiary winding up and TNB app
QUESTION 7 NAME : CHARLIE SHAK KUM CHOY Cont’d: • We noted on the Notes in the Account pertaining to the RM20.6 million variance related to the winding up of subsidiaries. The amount is referred to as the Non-Controlling Interest (NCI) reserve movement, which is reflected on page 238 of the financia
Slide 29: Answer: overseas investments
QUESTION 7 NAME : CHARLIE SHAK KUM CHOY Cont’d: • With regards to the question on TNB’s overseas investments, it is important to note that our international asset portfolio is currently at an early stage. Our strategy envisions a gradual venture into these assets over the next 4 to 5 years. • As see