Malakoff Corporation Berhad is an investment holding company. The company, through its subsidiaries, generates, distributes, and sells electricity in Malaysia, Indonesia, Middle East, Australia, and North America. The company operates through Asset management, and Operations and Maintenance segments. 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, repair, overhaul, and other services to power plants. In addition, it builds, owns, and operates an electricity distribution system an...
Jalan Stesen Sentral 5
Kuala Lumpur, 50470
Founded in 1975
Malakoff Corporation Berhad Accepts the Conditional Award for the Extension of the Operation of its Existing Power Plant
Dec 15 15
Malakoff Corporation Berhad has accepted the conditional award for the extension of the operation of its existing power plant in Negeri Sembilan by the Government of Malaysia. Malakoff in a filing to Bursa Malaysia said the extension, for a period of three years from March 1 next year to Feb. 28, 2019, was subject to conditions, among others the conclusion of discussion with its single buyer, Tenaga Nasional Bhd, on the new power purchase agreement.
Malakoff Corp Bhd Announces Resignation of Datuk Seri Syed Faisal Albar as Ceo, Effective December 31, 2015
Dec 3 15
Malakoff Corp. Bhd announced the resignation of its chief executive officer Datuk Seri Syed Faisal Albar effective December 31, 2015.
Malakoff Corporation Berhad Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015
Nov 23 15
Malakoff Corporation Berhad announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, the company reported revenue of MYR 1,283,606,000 compared to MYR 1,407,830,000 a year ago. Results from operating activities were MYR 333,593,000 compared to MYR 357,113,000 a year ago. Profit before tax was, MYR 199,009,000 compared to MYR 174,778,000 a year ago. Profit attributable to owners of the company was MYR 156,015,000 or 3.12 sen per basic and diluted share compared to MYR 108,133,000 or 2.70 sen per diluted share a year ago.
For the nine months, the company reported revenue of MYR 3,925,990,000 compared to MYR 4,112,073,000 a year ago. Results from operating activities were MYR 1,005,762,000 compared to MYR 890,937,000 a year ago. Profit before tax was MYR 532,079,000 compared to MYR 393,534,000 a year ago. Profit attributable to owners of the company was MYR 346,213,000 or 7.67 sen per diluted share compared to MYR 228,858,000 or 5.72 sen per diluted share a year ago. Net cash from operating activities was MYR 1,218,950,000 compared to MYR 1,378,668,000 a year ago. Acquisition of property, plant and equipment was MYR 915,986,000 compared to MYR 1,384,190,000 a year ago.