Following yesterday’s announcement on plans for tariff hike from July 1, 2025, TNB was the top gainer on Bursa Malaysia, with its share surging 74 sen, or 5.22% to RM14.92, with 9.01 million shares traded.
There has been a spate of viral videos showing vehicles from neighbouring countries such as Thailand and Singapore being filled with Malaysia's heavily subsidised RON95 petrol, indicating a blatant disregard for local laws.