Welcome to TNB Subsidiary Management Department

Empowering Excellence: Managing TNB Subsidiaries for Sustainable Growth

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About Us

Through Sustainable Way Forward

Dedicated to TNB Subsidiary Excellence

As a company, TNB is responsible of the transmitting, distributing and retailing electricity in Peninsular Malaysia.

At the same time, TNB has also has large pool of companies that is responsible in the supply chain of electricity, support energy transition, enhancing energy efficiency and some are emulating TNB business in others part of the world.

We, Subsidiary Management (SMD), is functioning as stewardship for this commpany and supporting them to be adding value, profitable and at the same time focusing on ESG.

Our portfolio are based on industry clustering; manufacturing, services, infrastructure and utility. In near future, the industry clustering may also cover education, insurances and real-estate.

Eight Tools to Drive Subsidiary Forward

There are 8 areas that SMD is guiding and propeling the subsidiaries into larger market share, consistantly high margins and healthy business practice as shown below:

Dashboard

Data entry to create Insightful Dashboard for informed decision-making and statistical intellegence. A journey towards integrating AI.

Board Governance

Structured process for selection, driving board prowess and automation for corporate memories

ESG

Driving Sustainability: ESG Commitment for a Greener, Fairer Future and Sustainable Business

Risk Management

Uplifting risk management towards risk resilience with alignment along IFRS S1 and S2, to ensure business objectives are exceeded.

HSE

Prioritizing Safety: HSE Standards for a Healthier Work Environment

Oversight

Provide best practices and self-assesment for reliable business activites to ensure high business hygiene.

Financial

Set performance for alignment and business growth to enable high returns.

General Report

For disclosure to top management, board and rating agencies. Inherently the disclosure are reported base on industry sector requirements.

Aspiration

We aspire for the subsidiaries to be strong and agile in capturing value from the spaces that they are playing and winning, and in the emerging areas adjacent to TNB core business

Subsidiaries

Industry Clusters to Support Value Chain of Electricity

Our portfolio of subsidiaries are managed according to industry clusters with specific area(s) where they are adding value to the electricity supply chain, energy efficiency, energy transition and carbon management, broadband communication and energy outside Peninsular.

Electricity Supply Chain

MTM Manufacturer of transformers in all voltage levels. MTM is strategic to TNB supply chain in fundamentaly reducing the voltage for customer and used, and for voltage optimizating when transmmiting large energy.

TCI Manufacturer of underground cable of low voltage and medium voltage levels, and also high voltage bare conductors for 132kV, 275kV and 500kV. TCI also can incorporates fiber optic cables in those underground and bare conductors.

TSG* Manufucturer of medium voltage and high voltage swtichgear and substation equipement, and offering EPCC work and agile solutions for the new producst and services, including energy storage, substation automation, and EV charger development and is strategically important to TNB

REMACO Offer services in power generation-related services such as repair & maintenance, power plant operation and power plant overhaul. REMACO is the de-facto O&M service provider for TNB GenCo, and very active emulating the function overseas especially where the generation are from General Electric (GE).

Energy Efficiency

TNBES Offer energy efficiency services with specialization in low voltage & medium voltage project management. TNBS is strategic partner for TNB'S Distribuation Network for Strategic Business Unit (SBU) inspiration. TNBES also specialises in small generation from renewables, such as river run through generation, bio-mass generation and rural electricfication through combination of solar and batteries. TNBES also is a major player in streetlighting.

TNEC Build, operate and own District Cooling System (DCS) for TNB. Beyond TNB, TNES operate at KLIA and KLIA2, and a few hospitals and universities in Malaysia. TNEC business falls under the key ET area, where converting existing DCS using gas to electricity.

Energy Transition & Carbon Management

TNBX Offer services in green energy, such as SARE contract rooftop solar, mGET certification, Corporate Green Power Programme (CGPP) and other carbon offset/avoidance solutions. TNBX is also for the defacto EV charging point operator (CPO) for TNB through PMO EV, with the EV equipment supplier from TSG.

GSPARX Built, operate and own (or lease) rooftop solar solution for residential and commercial, including factories. GSPARX also executes Net Energy Metering (NEM) with or without battery energy storage.

TSG* As manufacturer and assembler of energy storage and EV charger, TSG is the supply chain provider TNBX, GSPARX and other TNB's subsidiaries in energy transition supply chain.

Broadband and Optical Fibre

ALLO Build, operate and own (or lease) optical fiber network infrastructure. ALLO also provide high speed broadband using TNB'S extra large and highly collected optical fiber network in Peninsular Malaysia

Energy Outside Peninsular

SESB Sabah Electricity Sdn. Bhd. provides electricity generation, transmission, and distribution services across Sabah and Wilayah Persekutuan Labuan.

Services

SMD Key Services

SMD provide comprehensive services to support our subsidiaries and stakeholders in achieving sustainable growth and operational excellence.

Portfolio Management

Portfolio management on investment, from strategic direction and operation to yield returns.

We provide comprehensive oversight of investment portfolios to maximize value and ensure strategic alignment.

ESG Consulting

ESG consulting, from corporate strategy to capturing meaningful ESG data and providing adequate disclosure.

We help organizations to integrate sustainability into their core business strategies.

ESG Platform

Platform for ESG that covers >85% of MSCI's elements under all the 3 key ESG pillars. The ESG Platform streamlines ESG reporting and analysis for better decision-making.

The ESG Platform also cover risk management and opportunities (e.g business plan management) to align with IFRS S1 and IFRS S2.

In near future, the ESG Platform will also incorparates LLM modules, or artificial intelligence, simmilar to ChatGPT.

Emission Management

Ways to re-use and utilize the ESG data for primarily GHG's Scope 1 and Scope 2 emissions and also indirect supply chain emission. We help track, manage, and reduce carbon footprints.

Real-time Dashboard

Real-time dashboard for financial, ESG, GHG and business hygiene elements. Our interactive dashboards provide instant insights into key performance indicators for timely decision-making.

Preset Reporting

Preset reporting e.g. One Pager or Select All for disclosure preparation. Our streamlined reporting tools simplify compliance and stakeholder communications with ready-made templates.

Team

Our Hardworking Team

Datuk Ir. Megat Jalaluddin Megat Hassan

Chief Executive Officer Tenaga Nasional Berhad

Ir. Dr. Mohd Fadzil Mohd Siam

Acting Chief Strategy & Ventures Officer Tenaga Nasional Berhad

Dr. Ir. Ahmad Jaafar Abd Hamid

Head (Subsidiary Management Department) Tenaga Nasional Berhad

Umar Ridzuan Hawari

Head (Business Governance) Subsidiary Management Department Tenaga Nasional Berhad

Sirajul Huda Mohd Zain

Head (Business Strategy & Portfolio Management) Subsidiary Management Department Tenaga Nasional Berhad

Muhammad Faisal Sidek

Head (Business Performace & Growth) Subsidiary Management Department Tenaga Nasional Berhad

Frequently Asked Questions

What are the roles of the TNB Subsidiary Management Department (SMD)?

The roles of TNB SMD are (1) Ensure alignment between subsidiaries and TNB Corporate, (2) Set performance target and monitor the performance, (3) Support and remove blockers to success, and (4) Enhance governance and risk management to deliver value.

What strategy does TNB SMD employs to manage risk?

Our strategy in risk management is to remove all blockers, exposures and instill resilience to ensure the subsidiaries' business objectives are achieved.

What strategy TNB SMD uses in managing multiple subsidiary boards?

TNB SMD has a structured and rigour process to select and nominate directorship of the subsidiary board members. SMD provide the necessary funndamental training for the directors to execute fiduciary duties. In addition, evaluation of the directors is being done on requirement basis.

What is the name of TNB SMD's ESG Platform

TNB SMD's ESG Platform is call Software For Investment Automation (SOFIA).

Address

Subsidiary Management Department
Level 10, TNB Platinum Tower B
3, Jalan Bukit Pantai, Bangsar, 59100 KL, W.P. KL