Malakoff eyes expansion

Anwar said Malakoff remains confident of achieving its 1,400 MW target as the company has the financial strength and capabilities.

KUALA LUMPUR: Malakoff Corp Bhd plans to increase its market share by seeking opportunities to expand its portfolio of rooftop solar, grow in terms of large-scale solar (LSS) projects and engage in potential mergers and acquisitions (M&As), says managing director and chief executive officer Anwar Syahrin Abdul Ajib.

In achieving its 1,400 megawatt (MW) renewable capacity target by 2031, Anwar said it is a market share game. The company’s market share is now between 15% and 20%.