KUALA LUMPUR, June 21 (Bernama) — Overwhelming response to two Islamic bond issuances by Tenaga Nasional Bhd (TNB) totalling RM2.5 billion for energy transition projects shows that Malaysia is well-positioned to lead in energy transition financing within the region. These two sukuk issuances in 2026 which comprised RM1 billion for solar in May and RM1.5 billion for hydro in March, were both oversubscribed by five times, TNB’s chief new energy officer Mohd Zarihi Mohd Hashim said. He said TNB’s recent experience reflects this trend, alluding to the massive investor demand gaining momentum regionally as well as globally. “This outcome indicates […]