KUALA LUMPUR, Sept 26 — Tenaga Nasional Bhd (TNB) has estimated a recovery of approximately RM7 billion from its Imbalance Cost Pass-Through (ICPT) receivables, based on current fuel price trends for the first half of the 2024 financial year, reflecting its proactive stance in managing its financial outlook and controlling fuel-related expenditures.

KUALA LUMPUR, Feb 10 — Low-cost airline, AirAsia Group Bhd is expected to raise approximately RM250 million through the first tranche of its private placement involving 369.85 million shares valued at 67.5 sen each.