Malakoff's dividend play

Attractive yield: The group is expected to increase its local total installed capacity by 18.7 with the commencement of its 1,000MW coal-fired power plant by March next year.

Plans to improve the utilisation of its power plants likely to give it more cash flow

HAVING traded below its initial public offering (IPO) price of RM1.80 since its listing just three months ago, power plant owner and operator Malakoff Corp Bhd is now trading at a forward dividend yield of around 4.62%.