Electricity utility Tenaga Nasional is looking to cut its foreign currency debts which it said were RM12-13 billion (US$3.27 billion), around half its total debts, Malaysian newspapers reported.
“We have managed to streamline our foreign currency loan to that of the US dollar and yen only,” Chief Executive Che Khalib Mohamad Noh said, according to the Star newspaper. Che Khalib said that the company would repurchase some of the loans if the price were right. - REUTERS
About Me
- Nuang
- Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;
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