Malakoff Corporation Berhad, an investment holding company, operates as an independent water and power producer company in Malaysia, Indonesia, the Middle East, Australia, and North America. The company operates through Asset management, and Operations and Maintenance segments. It generates, distributes, and sells electricity. The company is also involved in the design, engineering, procurement, construction, installation and commissioning, testing, and operation and maintenance of coal-fired electricity generating facility; and provision of engineering and project management services, as well as repair, overhaul, and other services to power plants. In addition, it builds, owns, and operates...
Jalan Stesen Sentral 5
Kuala Lumpur, 50470
Founded in 1975
Malakoff Corp. Bhd Declares Interim Dividend for the Financial Year Ending December 31, 2015
May 28 15
Malakoff Corp. Bhd declared single-tier interim dividend of 3 sen per share compared with 1.97 sen a year ago for the financial year ending 31 December 2015. Payment date is 08 July 2015. EX-date is 10 June 2015 and entitlement date is 12 June 2015.
Malakoff Corporation Bhd Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015
May 27 15
Malakoff Corporation Bhd announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported revenue was MYR 1,346,620,000 against MYR 1,238,105,000 a year ago. Increase in revenue was mainly due to higher capacity factor registered by Tanjung Bin Power Plant and the consolidation of Port Dickson Power's profits following the completion of its acquisition in April 2014. Results from operating activities were MYR 334,470,000 against MYR 226,141,000 a year ago. Profit before tax was MYR 175,533,000 against MYR 44,574,000 a year ago. Profit for the period was MYR 120,978,000 against MYR 15,390,000 a year ago. Profit attributable to owners of the company was MYR 103,905,000 against MYR 2,642,000 a year ago. Profit for the period was MYR 120,978,000 against MYR 15,390,000 a year ago. Diluted earnings per share attributable to owners of the company were MYR 2.60 against MYR 0.07 a year ago. Net cash from operating activities was MYR 213,858,000 against MYR 187,430,000 a year ago. Acquisition of property, plant and equipment was MYR 157,046,000 against MYR 555,670,000 a year ago.
Malakoff Says Open To Looking At 1MDB Power Assets
May 15 15
Syed Faisal Albar, Chief Executive Officer of Malakoff Corporation Berhad said that the company will explore opportunities to buy power assets, including those from state development fund 1MDB. Asked if Malakoff was interested in 1MDB assets, Syed Faisal Albar told reporters: "Yes, we are interested to grow the business whichever way it is as long it fits our profile and desires. Good return - we will look at it." Malakoff and 1MDB are not currently in talks about potential deals, he added.