Malakoff to be biggest IPP


  • Business
  • Wednesday, 18 Jun 2003

INDEPENDENT power producer (IPP) Malakoff Bhd's plan to buy a controlling stake in closely held SKS Power Sdn Bhd has been well received by the investing community. 

Analysts said the move would not only strengthen its position as the country's largest IPP, but more importantly, would sustain future capacity growth. 

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Trading ideas: Capital A, Iconic, UEM, MMAG, Meta Bright, KKB, Global Oriental, Reneuco, ITMAX, Insights Analytics
Ringgit opens marginally lower as US policy repricing lifts DXY
Data centres underpin earnings for power companies�
MyBeST charges up for execution
Earnings season, inflation data pose test for resilient US stocks
Singapore’s Nasdaq link draws interest
If I were Ganoderma on oil palm trees
Little impact from delays in certification for doctors
KSL’s quiet transformation
MiniMax shares double in IPO debut

Others Also Read