KUALA LUMPUR: Malakoff Corp Bhd posted a 12.1% hike year-on-year in net profit to RM117. 7mil for its second quarter ended June 30, 2021. This was mainly due to higher contributions from Tanjung Bin Power Sdn Bhd( TBP) and Tanjung Bin Energy Sdn Bhd( TBE) on the back of higher applicable coal price( ACP), higher capacity income from improvements in plant availability, improved earnings from Alam Flora Sdn Bhd and better profits from foreign associates. However, the group said in a statement that

PETALING JAYA: Malakoff Corp Bhd, via its wholly-owned subsidiary Malakoff Radiance Sdn Bhd, has appointed Solarvest Holdings Bhd to accelerate its solar power purchase deals with several logistic players in Malaysia.In a joint statement, Malakoff and Solarvest said the parties will be tying up to assist businesses in Malaysia achieving their environmental goals through solar photovoltaic solutions.“ This tie-up will power up the logistic facilities of renowned industry players, namely Pos Malay