OTHERS DEVELOPMENT ON THE NOTICES OF ADDITIONAL ASSESSMENT RECEIVED FROM INLAND REVENUE BOARD OF MALAYSIA

Company Name TENAGA NASIONAL BHD
Stock Name TENAGA
Date Announced 03 Oct 2022
Category General Announcement for PLC
Reference Number GA1-03102022-00059

Type Announcement
Subject OTHERS
Description
DEVELOPMENT ON THE NOTICES OF ADDITIONAL ASSESSMENT RECEIVED FROM INLAND REVENUE BOARD OF MALAYSIA

We refer to the issuance of the notices of additional assessment (“Notices”) dated 28 November 2019 for the years of assessment 2015 to 2017 by the Inland Revenue Board of Malaysia ("IRB") and our announcements dated 28 November 2019, 2 December 2019, 12 December 2019, 3 April 2020, 20 May 2020, 9 July 2020, 3 September 2020, 6 October 2020, 9 December 2020, 31 December 2020, 25 January 2021, 16 June 2021, 9 September 2021, 6 December 2021, 16 March 2022, 22 June 2022, 30 August 2022 and 20 September 2022.

The decision date in relation to the IRB's application for a Stay of Proceedings which was initially fixed on 3 October 2022 has been vacated. The High Court has fixed a new decision date on 16 November 2022.

The Stay of Proceedings that was granted to TNB previously by the High Court shall continue until the disposal of the Judicial Review Application.

This announcement is dated 3 October 2022.






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