Malakoff plans waste-to-energy foray, buys land


Malakoff R&D Sdn Bhd had signed a sale and purchase agreement with Eksklusif Pesona Sdn Bhd to acquire the land.

KUALA LUMPUR: Malakoff Corp Bhd is planning to venture into waste-to-energy biogas and biomass power plants after buying 71.44ha of land in Alor Gajah, Melaka, for RM150mil.

The independent power producer (IPP) said in a filing with Bursa Malaysia that its unit, Malakoff R&D Sdn Bhd had signed a sale and purchase agreement with Eksklusif Pesona Sdn Bhd to acquire the land.

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