Tenaga Nasional's Higher Fuel Surcharges Likely Manageable — Market Talk

Tenaga Nasional's absorption of an estimated 120 million-150 million ringgit in fuel surcharges for September-December 2026 could be manageable and non-recurring, Hong Leong IB analyst Daniel Wong says in a note. The costs stem from the government's decision to raise the threshold for fuel surcharg…