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KUALA LUMPUR: RHB research has raised its FY20-21 forecast numbers on Malakoff Bhd following its improved earnings result in 3Q19, attributed mainly to improved stability in the Tanjung Bin Energy plant.
PETALING JAYA: Malakoff Corp Bhd registered a net profit of RM94.49mil for the third quarter ended Sept 30, 2019, a 13.17% increase from the RM83.49mil achieved in the same period a year ago.
KUALA LUMPUR: Independent power producer Malakoff Corporation Bhd posted higher net profit of RM94.49mil in the third quarter ended Sept 30,2019, boosted by Tanjung Bin Energy Sdn. Bhd (TBE) coal plant.
WITHIN the corporate Malaysia circle, the high indebtedness of companies linked to billionaire Tan Sri Syed Mokhtar Albukhary is widely known and have been much discussed.WITHIN the corporate Malaysia circle, the high indebtedness of companies linked to billionaire Tan Sri Syed Mokhtar Albukhary is widely known and have been much discussed.
PETALING JAYA: Australia-based fund management firm AMP Capital will be acquiring Malakoff Corp Bhd’s entire 50% stake in Macarthur Wind Farm, the largest wind farm in the southern hemisphere.
KUALA LUMPUR: Global investment manager AMP Capital has agreed to buy a 50% interest in Macarthur Wind Farm, the largest wind farm in the southern hemisphere, from Malakoff Corp Bhd.
KUALA LUMPUR: Public Investment Bank Research is retaining its trading buy call on Malakoff with an unchanged target price of RM1.02.
KUALA LUMPUR: Stocks that may be seeing trading interest on Wednesday include Malakoff Corp Bhd, Axis Real Estate Investment Trust (Axis REIT), Globetronics Technology Bhd, Malayan Banking Bhd (Maybank) and Gagasan Nadi Cergas Bhd, according to JF Apex Research.
KUALA LUMPUR: Malakoff Corp Bhd is selling its entire equity interest in a wind farm in Australia for AU$356.85mil (RM1.02bil).
It’s not all that financially lucrative and a luxury that Malaysia can do without.