<div class=newsTextDataWrapInner><p>HONG KONG (Oct 12): An undisclosed shareholder of Tenaga Nasional Bhd sells 35m shares at RM13.98 each, top end of a marketed range, according to terms for the deal obtained by Bloomberg.</p></div>

<div class=newsTextDataWrapInner><p>* Price represents 1.55% discount to Wednesday’s close: terms</p></div>

<div class=newsTextDataWrapInner><p>* Offering accounts for ~0.6% of Tenaga’s existing share capital: terms</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>* Seller is an institutional fund manager: terms</p></div>

<div class=newsTextDataWrapInner><p>* NOTE: Shares were offered at RM13.90 to RM13.98 apiece, according to earlier terms.</p></div>

<div class=newsTextDataWrapInner><p>* CIMB is sole bookrunner</p></div>

<div class=newsTextDataWrapInner><p>&nbsp;</p></div>

<div class=newsTextDataWrapInner><p>&nbsp;</p></div>


HONG KONG (Oct 12): An undisclosed shareholder of Tenaga Nasional Bhd sells 35m shares at RM13.98 each, top end of a marketed range, according to terms for the deal obtained by Bloomberg.

* Price represents 1.55% discount to Wednesday’s close: terms

* Offering accounts for ~0....

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<p>Here is a brief recap of some business news and corporate announcements that made the headlines on Thursday:</p>


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<p>Stocks snapped a three-day winning streak on Thursday as disappointing forecasts from Facebook and Instagram owner Meta hammered the tech sector, and Japan's yen sank through 155 per dollar for the first time since 1990.</p>


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