Malakoff takes M&A route to increase revenue

PETALING JAYA: The proposed acquisition of a 49% stake in E-Idaman Sdn Bhd by Malakoff Corp Bhd is anticipated to strengthen the latter’s position in waste management services besides being earnings accretive.

Analysts said apart from being earnings accretive, the acquisition would help Malakoff to expand its waste management services to the northern region of Peninsular Malaysia.