Malakoff

Malakoff Corporation Berhad is a Malaysian independent water and power producer whose principal activities span electricity generation, water desalination, plant operation and maintenance, waste management, and environmental services. The company is associated with the MMC Group and is described as Malaysia's largest independent power producer by net generating capacity. Its Malaysian generation portfolio consists primarily of thermal assets using steam-turbine and gas-turbine technologies. The portfolio includes the Segari Energy Ventures plant in Perak, the GB3 plant in Segari, Prai Power in Butterworth, the Tanjung Bin plant and Tanjung Bin Energy plant in Johor, and an equity interest in the Kapar Power Plant in Selangor. Across these assets, Malakoff has an effective generation capacity of approximately 5,822 MW. Its interests vary by project, including majority or substantial equity positions in several plant-owning companies and a 40% interest in the Kapar facility. Outside Malaysia, Malakoff has power-generation and water-desalination interests in Saudi Arabia, Bahrain, and Oman. These international ventures provide an effective 588 MW of power capacity and desalination capacity of approximately 472,975 cubic metres per day. The company has also indicated an interest in expanding in the Middle East and North Africa and in Southeast Asian markets. Operations and maintenance services are delivered through the wholly owned subsidiary Teknik Janakuasa Sdn Bhd. The subsidiary's activities extend beyond Malaysia to Saudi Arabia, Algeria, Kuwait, Oman, and Indonesia, giving Malakoff a technical-services presence in several utility markets. Malakoff broadened its environmental-services activities in 2019 by acquiring a 97.37% interest in Alam Flora Sdn Bhd from DRB-Hicom for RM869 million. Alam Flora is a waste-management business, and the transaction expanded Malakoff beyond its traditional power and water profile into municipal and environmental services. Overall, the Malakoff brand represents an infrastructure platform centered on utility-scale generation, water treatment, technical operations, and environmental management rather than a consumer-facing product line.

Malakoff is a Malaysian utility and infrastructure company operating under the Malakoff Corporation Berhad name. Its business is built around independent power production, with complementary activities in water desalination, power-plant operation and maintenance, and environmental services. The company is a member of the MMC Group. Malakoff's central business is electricity generation in Malaysia. It owns interests in, or operates through subsidiaries connected with, a group of large thermal power stations. These include the SEV Power Plant at Segari in Perak, the GB3 Power Plant in Segari, Prai Power Plant in Butterworth, Tanjung Bin Power Plant and Tanjung Bin Energy Power Plant in Johor, and the Kapar Power Plant in Selangor. The plants use steam-turbine and gas-turbine technologies, with the Kapar facility also described as using coal, oil, and gas. The combined effective generation capacity attributed to Malakoff is approximately 5,822 MW. The company's interests differ from project to project. It holds a 93.75% interest in the company owning the 1,303 MW SEV facility, a 75% interest in the 640 MW GB3 facility, and a 90% interest in the company owning the 2,100 MW Tanjung Bin facility. Prai Power and Tanjung Bin Energy are held through wholly owned subsidiaries. Malakoff also has a 40% interest in Kapar, although the plant's full capacity is associated with the majority shareholder when capacity is reported on an ownership basis. Malakoff has developed an international utility presence through power and desalination ventures in Saudi Arabia, Bahrain, and Oman. These assets contribute effective capacity of 588 MW of power and 472,975 cubic metres per day of desalinated water. The company's stated growth interests include additional opportunities in the Middle East and North Africa and in Southeast Asia. Technical services form another part of the business. Through Teknik Janakuasa Sdn Bhd, Malakoff provides operation and maintenance capabilities in Malaysia and in several overseas markets, including Saudi Arabia, Algeria, Kuwait, Oman, and Indonesia. This activity complements the company's ownership and operation of generating assets by providing engineering and plant-management expertise. A major diversification step occurred in 2019, when Malakoff acquired a 97.37% interest in Alam Flora Sdn Bhd from DRB-Hicom for RM869 million. The transaction brought a substantial waste-management and environmental-services business into the group and reduced the company's reliance on power generation as its sole operating identity. The available reference material does not establish Malakoff's founding year, headquarters, founder, current executives, or official website. It does establish the company as a listed Malaysian infrastructure operator with substantial domestic generation capacity and a growing portfolio of international power, desalination, maintenance, and environmental activities.

• 2019

  Alam Flora acquisition

  [1]Malakoff (power company)en.wikipedia.org

  Malakoff completed the acquisition of a 97.37% interest in Alam Flora Sdn Bhd from DRB-Hicom for RM869 million, adding waste management and environmental services to its utility portfolio.

A diversified infrastructure and utility-services company focused on independent power production, desalinated water, technical operations, and environmental management.

• Electricity generation

  Malaysian power generation

  Malakoff's principal business is utility-scale electricity generation in Malaysia. Its portfolio comprises thermal assets using steam-turbine and gas-turbine technologies, including facilities at Segari, Prai, Tanjung Bin, Tanjung Bin Energy, and Kapar. The company reports an effective Malaysian generation capacity of approximately 5,822 MW across its interests.

• Water infrastructure

  Water desalination

  Malakoff participates in international water projects, particularly in the Gulf region. Its ventures in Saudi Arabia, Bahrain, and Oman provide effective desalination capacity of approximately 472,975 cubic metres per day, alongside associated power-generation interests.

• Infrastructure services

  Operation and maintenance services

  Through Teknik Janakuasa Sdn Bhd, Malakoff provides operation and maintenance services for power and utility infrastructure. The subsidiary has activities in Malaysia and overseas markets including Saudi Arabia, Algeria, Kuwait, Oman, and Indonesia.

• Environmental services · 2019

  Waste management and environmental services

  Malakoff's environmental-services activities were expanded through its 2019 acquisition of a 97.37% interest in Alam Flora Sdn Bhd. The business adds waste-management capabilities to the group's power, water, and infrastructure-services operations.

• 2019

  Diversification into waste management through Alam FloraM&A

  Background

  Malakoff sought to broaden its infrastructure portfolio beyond electricity generation and water-related activities.

  Action taken

  The company acquired a 97.37% interest in Alam Flora Sdn Bhd from DRB-Hicom for RM869 million.

  Aftermath

  The acquisition added waste management and environmental services to Malakoff's business activities.

  Acquisition consideration. RM869 million (2019)

  Source

• 2019

  Malakoff completes acquisition of 97.37% of Alam Flora[1]Malakoff (power company)en.wikipedia.org

  M&A

  Malakoff completed the purchase of a 97.37% stake in waste-management company Alam Flora from DRB-Hicom for RM869 million, expanding its business into waste management and environmental services.

1. 1Malakoff (power company)en.wikipedia.org
2. 2Malakoff CEO resigns to pursue other career opportunitiestheedgemalaysia.com
3. 3Malakoff COO Habib Husin retirestheedgemalaysia.com