Malakoff to buy assets abroad


MALAKOFF Bhd is looking to buy power assets abroad as it would soon have a sizeable chunk of Malaysia's power generation capacity. 

However, the group's top priority now is to ensure that its acquisition of a 40% stake in Kapar Energy Ventures Sdn Bhd (KEV), which owns the Kapar power plant, is completed and that the plant operates efficiently. Tenaga Nasional Bhd owns the balance 60% of KEV. 

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