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TNB Subsidiary Granted Judicial Review Against RM291 Million Tax Assessment

TNB Western Energy Berhad, a wholly-owned subsidiary of Tenaga Nasional Berhad, has successfully obtained leave from the High Court to commence a Judicial Review against a tax assessment amounting to RM291.5 million issued by the Inland Revenue Board of Malaysia for the year of assessment 2018. The Notice of Assessment was originally issued by the IRB on December 10, 2024. Following this, TNB WE filed a judicial review application with the High Court of Malaya to challenge the assessment, as previously announced on January 10, 2025, and subsequently updated on April 11, 2025, and June 30, 2025. In a significant development today, July 22, 2025, the High Court granted the leave application, allowing TNB WE to proceed with its Judicial Review. Crucially, the court also granted an interim stay on all further proceedings, including the enforcement of the Notice, until the substantive hearing of the Judicial Review application is disposed of. This interim stay means that the IRB is temporarily restrained from taking any action to collect the disputed tax amount while the legal challenge by TNB WE progresses. The High Court has scheduled a case management for August 5, 2025, to provide further directions regarding the substantive hearing. TNB has assured stakeholders that it will provide updates on key developments as the case unfolds. Related