KUALA LUMPUR: Tenaga Nasional Bhd has been awarded the "Edison Electric Institute (EEI) Asian Utility Award 2014" for the category of large capitalisation, gold level performance on the sidelines of the Asian Energy Financial and Investment conference held in Singapore last night.
The award is based on Tenaga Nasional’s achievements in posting the second highest shareholder returns in the category of large capital among Asian utilities firms.
In collaboration with investment analysts, EEI has identified 43 utilities companies in Asia and measure their financial performance for the previous three years to identify qualified companies.
At the award presentation, Tenaga Nasional was represented by its senior general manager for financial performance and strategy, Jamel Ibrahim, who read the speech of the president and chief executive officer Datuk Seri Azman Mohd.
“This award recognizes the company's position and strong financial performance as measured under careful standard financial indicators,” Azman said.