KUALA LUMPUR: It will be crucial for Malakoff Corp Bhd to seek out new avenues of growth given that nearly a fifth of its power purchase agreement (PPA) capacity will expire in the next four years.
According to Affin Hwang Capital research, it will be a difficult growth environment for Malakoff as it is facing a lack of opportunities within its core utilities segment while facing fierce competition in the renewables energy segment.
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