PETALING JAYA: Malakoff Corp Bhd
has acquired the remaining 51% stake in ZEC Solar Sdn Bhd and the remaining 49% stake in TJZ Suria Sdn Bhd from Zelleco Engineering Sdn Bhd.
This development is mildly positive, according to TA Research, as it increases Malakoff’s effective renewable energy (RE) capacity to about 128 megawatt (MW) from 113MW previously.
