Complex sentence: Universiti Tenaga Nasional is one of the earliest private universities in Malaysia and is wholly-owned by public-listed Tenaga Nasional Berhad (TNB), one of the largest electricity utility companies in Asia.
Split into simpler sentences: Universiti Tenaga Nasional is one of the earliest private universities in Malaysia. It is wholly owned by publicly listed Tenaga Nasional Berhad (TNB), one of the largest electric utility companies in Asia.