Tenaga Nasional Berhad (TNB), Malaysia's primary electric utility company, is a publicly traded corporation listed on the main market of Bursa Malaysia. Consequently, its ownership is distributed among institutional investors and public shareholders, with the single largest controlling stake held by Malaysia's sovereign wealth fund, Khazanah Nasional Berhad, alongside substantial institutional blocks owned by the Employees Provident Fund (EPF) and Permodalan Nasional Berhad (PNB).