Malakoff Corporation Berhad

MALAKOFF CORPORATION BERHAD is a multinational Power, Water and Environmental Solutions Organisation with core focus in Thermal Power Generation, Renewable Energy (solar, mini-hydro, biogas, Waste-to-Energy), Environmental Solutions and Water Desalination. 

In Malaysia, Malakoff is the largest Independent Power Producer (“IPP”) with an effective generating capacity of 5,342 MW. Through Alam Flora Sdn. Bhd., Malakoff is also the country’s biggest environmental services company, managing solid waste volume of 5,548 tonnes per day. 

Malakoff’s international assets include power and water ventures in Saudi Arabia, Bahrain and Oman, with an effective power generation capacity of 588 MW and water desalination capacity of 472,975 m³/day. 

Malakoff is a member of the MMC Group.

Vision

To be a premier global power, water and environmental solutions company

• Mission
  Aspiring to become the preferred employer of choice
  
  Deliver superior shareholder value
  
  Sought after as a partner
  
  Sustaining best in class operating discipline
  
  Earning respect as a good corporate citizen
  
  

The chronicles of the establishment of Malakoff Berhad (“MB”) dates back to the early 1970s as a plantation-based business when the agricultural sector was at the top of its peak. The Company was incorporated on 9 October 1975 and listed on Bursa Malaysia in 1976. A shift in the Group’s corporate direction resulted in the disposal of its plantation-based assets in October 1993 and the subsequent venture into the power sector, driven by the surge in the country’s electricity demand. 

From Malakoff Berhad to Malakoff Corporation Berhad

In its quest to further expand its core businesses and services, MB was presented with a golden opportunity when MMC Corporation Berhad (“MMC”) made an offer to acquire all of its assets as part of MMC’s transformation strategy to become a premier utilities and infrastructure player. The acquisition was completed on 30 April 2007 and subsequently, MB was officially delisted from the Main Market of Bursa Securities on 18 July 2007. This then led to the formation of Malakoff Corporation Berhad (“Malakoff”) on 25 April 2007. On 15 May 2015, Malakoff was relisted on Bursa Malaysia.

Malakoff today, a diversified portfolio of businesses, is moving towards becoming a global renewable energy and environmental solutions player, with key focus in Thermal Power Generation, Renewable Energy (solar, mini-hydro, biogas, Waste-to-Energy), Environmental Solutions and Water Desalination. Malakoff’s growth trajectory is underlined by key sustainability and Environmental, Social and Governance criteria.