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- Our Leadership | Malakoff Corporation Berhad | Kuala Lumpur
Leading our nation towards a cleaner, brighter future. Board of Directors Senior Management Board of Directors Know More Tan Sri Datuk Dr. Ir. Ahmad Tajuddin Ali Independent Non-Executive Chairman Know More Dato’ Mohd Naim Daruwish Non-Independent Non-Executive Director Know More Datuk Prakash Chandran Madhu Sudanan Independent Non-Executive Director Know More Tan Sri Che Khalib bin Mohamad Noh Executive Vice Chairman Know More Datuk Rozimi bin Remeli Independent Non-Executive Director Know More Datuk Wira Roslan AB Rahman Independent Non-Executive Director Know More Anwar Syahrin Abdul Ajib Managing Director & Group Chief Executive Officer Know More Dr. Norida Abdul Rahman Independent Non-Executive Director Know More Ms. Lim Tau Kien Independent Non-Executive Director MCB Board Committees BOARD AUDIT COMMITTEE Chairman Datuk Rozimi Remeli Independent Non-Executive Director Members Datuk Ooi Teik Huat Non-Independent Non-Executive Director Datuk Prakash Chandran Madhu Sudanan Independent Non-Executive Director Datuk Wira Roslan Ab Rahman Independent Non-Executive Director Ms. Lim Tau Kien Independent Non-Executive Director BOARD RISK AND INVESTMENT COMMITTEE Chairman Datuk Rozimi Remeli Independent Non-Executive Director Members Dato’ Mohd Naim Daruwish Non-Independent Non-Executive Director Datuk Prakash Chandran Madhu Sudanan Independent Non-Executive Director Datuk Wira Roslan Ab Rahman Independent Non-Executive Director BOARD NOMINATION & REMUNERATION COMMITTEE Chairman Dr. Norida binti Abdul Rahman Independent Non-Executive Director Members Datuk Wira Roslan bin Ab Rahman Independent Non-Executive Director Datuk Prakash Chandran Madhu Sudanan Independent Non-Executive Director Ms. Lim Tau Kien Independent Non-Executive Director BOARD PROCUREMENT COMMITTEE Chairman Datuk Ooi Teik Huat Non-Independent Non-Executive Director Members Datuk Rozimi Remeli Independent Non-Executive Director Dato’ Mohd Naim Daruwish Non-Independent Non-Executive Director Dr. Norida Abdul Rahman Independent Non-Executive Director
- Accolades | Malakoff Corporation Berhad | Kuala Lumpur
Leading our nation towards a cleaner, brighter future. Accolades A trip down memory lane of a list of achievements earned through tenacity, passion and commitment demonstrated by #TeamMalakoff. Select Year Enlit Asia Award 2024 Independent Power Producer of the Year 2024 Enlit Asia Award 2023 Independent Power Producer of the Year Sustainability and CSR Malaysia Awards 2024 Company of the Year (Energy Generation) for Community Care and Environmental Conservation Sustainability and CSR Malaysia Awards 2023 Company of the Year (Energy) for Sustainable Leadership Award Anugerah Integriti, Governans dan Antirasuah (AIGA) 2023 Anugerah Emas Peringkat Kebangsaan AEON 1000 Suppliers Awards & Partners Conference 2022 AEON ESG Partner Award 2022 - Malakoff Radiance Sdn Bhd 1 2 3 ... 9 1 ... 1 2 3 4 5 6 7 8 9 ... 9
- Media Clippings | Malakoff Corporation Berhad | Kuala Lumpur
Sharing important news and updates for you and the community. Media Clippings Get latest updates and news on Malakoff and the communities where we operate. News Media Clippings Press Releases Select year 30 August 2024 Malakoff back to black with 2Q net profit of RM93.57 mln - The Borneo Post Sabah (Pg 7) Download 30 August 2024 Pemulihan keuntungan Malakoff dijangka berterusan - Utusan Malaysia (Pg 37) Download 29 August 2024 PPSB meterai PPA baharu dengan TNB - Kosmo (Pg 38) Download 30 August 2024 CIMB Securities keeps 'hold' on Malakoff - New Straits Times (Pg 3) Download 30 August 2024 Malakoff catat untung RM93.6 juta - Kosmo (Pg 37) Download 29 August 2024 TNB dan anak syarikat Malakoff meterai PPA - Sinar Harian (Pg 30) Download 30 August 2024 Malakoff mahu tingkat kesedaran alam sekitar - Sinar Harian (Pg 23) Download 29 August 2024 Prai Power plant to continue operating for another year - New Strait Times (Pg 6) Download 29 August 2024 Malakoff Corp returns to profit in second quarter, pays dividend of 2.23 sen - Sin Chew Daily (Pg 3) Download 1 2 3 ... 210 1 ... 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 ... 210
- Malakoff Strengthens Anti-Corruption Efforts with IBR Pledge
Sharing important news and updates for you and the community Back Malakoff Strengthens Anti-Corruption Efforts with IBR Pledge 9 October 2024 On 27 September 2024, Malakoff Corporation Berhad ("Malakoff"), in collaboration with the Malaysian Anti-Corruption Commission (“MACC”), organised a briefing session to the Board of Directors and Senior Management team of Malakoff on the MACC Act 2009 (Amendment 2018) Section 17A - Corporate Liability. The session aimed to deepen understanding while reaffirming Malakoff's strong commitment to Malaysia's anti-bribery and corruption efforts. The session began with a lecture on corporate liability awareness by Encik Shani Mandu, a senior officer of Akademi Pencegah Rasuah Malaysia. This was followed by the official inauguration with opening remarks by Malakoff's Chairman, Yang Berbahagia ("YBhg.") Tan Sri Datuk Dr. Ir. Ahmad Tajuddin Ali. Malakoff's Managing Director & Group Chief Executive Officer, Encik Anwar Syahrin Abdul Ajib then led Malakoff's Board of Directors and Senior Management for the Ikrar Bebas Rasuah to show our seriousness and commitment to comply with the Anti-Bribery Act in the presence of YBhg. Datuk Mohamad Fauzi Husin, Deputy Commissioner and Director of the MACC Kuala Lumpur. In 2020, Malakoff was awarded the ISO37001:2016 Anti-Bribery Management Systems (ABMS) certification by SIRIM QAS International Sdn Bhd. This recognition underscores Malakoff’s dedication to ethical standards, integrity, and accountability, in line with Section 17A of the Malaysian Anti-Corruption Commission Amendment Act 2018. Furthermore, Malakoff received the 2021 ASEAN Corporate Governance Scorecard Award in the ASEAN Asset Class category, ranking among the 54 Malaysian Public Listed Companies out of 234 ASEAN winners, and in 2024, Malakoff received Gold for Anugerah Integriti, Governans dan Anti-rasuah (“AIGA”) 2023. Malakoff's commitment to fostering a culture of high integrity and governance aligns with UN Sustainable Development Goal ("UN SDG") No. 16, which promotes peaceful and inclusive societies, ensures access to justice for all, and builds effective, accountable, and inclusive institutions at all levels. This dedication is part of Malakoff's broader mission of ‘ Enhancing Life, Enriching Communities ’.
- Malakoff IPO Prospectus Launch
Sharing important news and updates for you and the community Back Malakoff IPO Prospectus Launch 16 April 2015 KUALA LUMPUR, Malaysia – 17 April 2015: Malakoff Corporation Berhad (“Malakoff” or “the Company”), the largest Independent Power Producer (“IPP”) in Malaysia and South East Asia by effective power generation capacity as at 20 March 2015, today launched its prospectus in conjunction with the Initial Public Offering (“IPO”) of the Company which will see it listed on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Malaysia”). The IPO will see the sale of 1,521,740,000 existing and new ordinary shares at RM0.10 each, representing up to approximately 30.4% of the enlarged issue and paid up share capital of Malakoff. The amount comprises 521,740,000 existing shares and a public issue of 1,000,000,000 new shares ("issue shares"). The prospectus was launched by YB Senator Dato’ Sri Abdul Wahid Omar, Minister in the Prime Minister’s Department. He was joined at the launch by Tan Sri Dato' Wira Syed Abdul Jabbar Syed Hassan, Chairman of MMC Corporation Berhad (“MMC”), Dato' Sri Che Khalib Mohamad Noh, Group Managing Director of MMC, YAM Tan Sri Dato’ Seri Syed Anwar Jamalullail, Chairman of Malakoff, Dato' Sri Syed Faisal Albar, Chief Executive Officer of Malakoff, Habib Husin, Chief Operating Officer of Malakoff and Ruswati Othman, Chief Financial Officer / Senior Vice President, Group Finance & Accounts Division of Malakoff. “Malakoff has a proven track record of development, acquisition, and operation and maintenance in the power generation and water desalination industries. Our power generation assets have a balanced fuel mix of gas, coal, and multi-fuel, and we also have renewable energy in our portfolio. We are well-positioned to benefit from the continued growth in electricity and water demand in our target markets,” said Tan Sri Dato’ Seri Syed Anwar, Chairman of Malakoff. Malakoff is a multinational power and water company with a core focus on power generation and water desalination, as well as captive electricity distribution and district cooling. With its strong portfolio of international power and water assets, the Company’s IPO is expected to be one of the biggest in Malaysia and Asia this year. In Malaysia, Malakoff has a total of six operational plants and one that is currently under construction. Outside of Malaysia, the Company has four operational plants and one that is currently under construction in the Middle East and North Africa (“MENA”) region, and one operational wind farm in Australia. Its 2013 acquisition of a 50% stake in Macarthur Wind Farm in Australia marked its entry into the renewable energy business. “We have long-standing Power Purchase Agreements (PPAs) that provide us with a stable and long-term cash flow, with a weighted average remaining PPA term of approximately 13 years, which is the longest among the operating IPPs in Malaysia. We believe that the clear earnings visibility from our long-term PPAs gives Malakoff a compelling investment story,” added Tan Sri Dato’ Seri Syed Anwar. In its prospectus, Malakoff disclosed its target dividend payout ratio of not less than 70.0% of the Company’s consolidated profit attributable to its equity holders under Malaysian Financial Reporting Standards (MFRS), beginning 1 January 2015. Malakoff currently has a total effective power generation capacity of 6,036 megawatts (MW) and effective water production capacity of 358,850 m3 as at 20 March 2015. The Company aims to increase its effective power generation capacity to 10,000 MW and expanding its effective water production capacity by approximately 150% by 2020 through domestic and international expansion. This includes exploring potential investments, acquisitions and collaboration with strategic partners in Malaysia and in high electricity and water-demand regions internationally. Malakoff anticipates that it will be able to capitalise on the increasing role of coal-fired power generation in Malaysia, driven by its lower cost relative to gas as fuel for power generation. The Company currently operates the first privately owned coal-fired power plant in Malaysia and is one of the largest privately owned coal-fired power plants in South East Asia, the Tanjung Bin Power Plant, with a generation capacity of 2,100 MW. This amount accounted for approximately 29.3% of Peninsular Malaysia's total installed coal-fired generation capacity as at 20 March 2015, according to Frost & Sullivan. Malakoff expects to add another 1,000 MW of coal-fired power generation capacity once construction of its Tanjung Bin Energy Power Plant is completed and the plant becomes fully operational. It is scheduled to commence commercial operations in March 2016, bringing its effective generation capacity to 7,036 MW. The company has secured cornerstone investors for its institutional offering, namely CIMB-Principal Asset Management Berhad; Corston-Smith Asset Management Sdn Bhd; Eastspring Investments Berhad; Great Eastern Life Assurance (Malaysia) Berhad; Hong Leong Asset Management Bhd; Kencana Capital Sdn Bhd; Lembaga Tabung Haji; Maybank Asset Management Sdn Bhd; Maybank Islamic Asset Management Sdn Bhd; Pertubuhan Keselamatan Sosial; RHB Asset Management Sdn Bhd; and UOB Asset Management (Malaysia) Berhad. Malakoff intends to utilise the IPO proceeds to fully redeem the RM1.8 billion Junior Sukuk Musharakah, The redemption of the Junior Sukuk will strengthen Malakoff’s balance sheet and create greater debt headroom. Maybank Investment Bank (“Maybank IB”), CIMB Investment Bank (“CIMB”), and RHB Investment Bank (“RHB”) act as the Joint Principal Advisers and the Joint Managing Underwriters for the listing exercise. Maybank IB and CIMB IB along with Credit Suisse AG (“Credit Suisse”), JPMorgan Securities Malaysia Sdn Bhd and J.P. Morgan Securities plc (collectively “J.P. Morgan”) are the Joint Global Coordinators. Collectively, the Joint Bookrunners are Maybank IB, CIMB, RHB, Credit Suisse, J.P. Morgan, Deutsche Bank AG (Hong Kong Branch), Merrill Lynch (Singapore) Pte Ltd, Morgan Stanley & Co. International plc, Nomura International (Hong Kong) Limited and The Hongkong and Shanghai Banking Corporation Limited (Singapore Branch), Hong Leong Investment Bank as well as the Co-Lead Managers – Macquarie Capital and CLSA (Singapore) Pte Ltd.
- Malakoff Honours the Memory of Allahyarham Mohd Ariffin Wahat Through Cheque Handover
Sharing important news and updates for you and the community Back Malakoff Honours the Memory of Allahyarham Mohd Ariffin Wahat Through Cheque Handover 19 January 2024 On 19th January 2024, a cheque handover to the bereaved family members of Allahyarham Mohd Ariffin Wahat was held at Malakoff Corporation Berhad (“Malakoff”)’s Headquarters at Plaza Sentral to Allahyarham’s son, Encik Muhammad Haziq Firdaus. The handover ceremony was attended by Malakoff’s Managing Director and Group Chief Executive Officer (“MD & Group CEO”) Encik Anwar Syahrin Abdul Ajib, Malakoff’s Head of Group Safety Dr. Ramizu Abdul Rahim and Senior Manager of Industrial Relation Employee Relation Encik Bakhtiar Ibrahim. Allahyarham Mohd Ariffin played a crucial role in overseeing Health, Safety, Security, and Environment (“HSSE”) matters, primarily focusing on the operational aspects of the Tanjung Bin Power Plant (“TBPP”). His responsibility was to ensure compliance with all rules and regulations related to HSSE. The news of his sudden demise on 12th November 2023, came as a shock to everyone. In memory of Allahyarham Mohd Ariffin, the People Division initiated a donation drive, particularly for those who had the privilege of working with him and knew him beyond just a colleague. The drive successfully gathered a total of RM 5,000. Additionally, a Tahlil reading was conducted both physically and via Microsoft Teams on 24th November 2023. We have bid farewell to a warm-hearted soul whose positive influence touched the lives of many, leaving behind cherished memories that will forever remind us of him. May his memory always be treasured, and we truly hope that the donation will help the family of Allahyarham Mohd Ariffin get through this difficult time. May Allah grant Allahyarham Mohd Ariffin the highest of Jannah. Al-Fatihah. Thank you #TeamMalakoff for your kindness and contribution.
- Sustainability Statement 2023
Enhancing the quality of life and empowering the communities where we operate Back Sustainability Statement 2023 Malakoff Integrated Annual Report 2023 - Sustainability Statement Document Malakoff Integrated Annual Report 2023 - Sustainability Statement
- Media Familiarisation Trip to Tanjung Bin Power Plant
Sharing important news and updates for you and the community Back Media Familiarisation Trip to Tanjung Bin Power Plant 24 March 2015 6 media from 4 respective platforms visited Tanjung Bin Power Plant (TBPP) on 25 March 2015 for a familiarisation trip. It was a-day field trip for the media to get familiarise with the operation. The media was briefed about Tanjung Bin operation and construction of Tanjung Bin Energy Power Plant, T4. Tanjung Bin Energy Assistant Project Director, Mohd Syahrul Izwan Ismail briefed the media on T4’s construction progress. He explained that the construction progress is as per scheduled. The media was also given clarification on the differences between TBPP and T4 in terms of technology. The tour, guided by Mohd Salehuddin started from the main office to the Turbine Hall and Central Control Room (CCR). The media also visited the Steam Turbine Hall and Coal Handling Control Building (CHCB). At the rooftop of CHCB, the media has the opportunity to view the construction site from afar. From the CHCB, the media visited the Coal Crusher House and Seawater Outfall Basin before heading back to the Admin Building and end the visit by lunch time.
- Movie Screening with Media
Sharing important news and updates for you and the community Back Movie Screening with Media 11 November 2022
- Malakoff IPO Listing Day 2015
Sharing important news and updates for you and the community Back Malakoff IPO Listing Day 2015 14 August 2015
- Malakoff Holds Motivational Camp for Its Seven Adopted Schools in Mukim Serkat
Sharing important news and updates for you and the community Back Malakoff Holds Motivational Camp for Its Seven Adopted Schools in Mukim Serkat 26 November 2022 As part of Malakoff Corporation Berhad (“Malakoff”)’s continuous engagement with the local communities, a motivational camp was held from 26th to 28th November 2022 at a recreational forest in Universiti Teknologi Malaysia (“UTM”) Skudai in Johor. The event was attended by 130 students from Malakoff’s seven adopted schools in Mukim Serkat. Organised by Malakoff and Sekolah Kebangsaan Seri Sinaran Chokoh, this 3-day task-oriented activity was aimed to create awareness on the correlation between academic performance and physical activities, as well as to cultivate the act of self-discipline and self-development. Upon arrival, the students were briefed by their respected teachers on the activities for the day. All students were then guided to their camping spots where they were segregated into several teams and were tasked to build a camping site. To further boost the students’ confidence in surviving the outdoors, a lesson in various tie-knots and night rescue was delivered in the form of theory and practicality. On the second day of camp, a line-up of physical activities that would test the students’ physical and mental strength, as well as their ability to adapt to new surroundings and hone new skills were conducted. After an hour of fitness to warm up their bodies and cognitive reception, the students made their way to a designated recreational site where they got to participate in a flying fox activity and subsequently learn to cook in the jungle with limited resources in preparation for their lunch. The students were also taught basic first-aid skills as it is proven to be useful in the event of an emergency. Before the day wrapped, a ‘Culture Night’ was coordinated where participation from students were encouraged to unleash their talents and knowledge in the line of arts and culture. As the camp came to its closing day, the students were tested on their knowledge in basic first-aid skills which they had acquired from the previous day. This was followed by a handover of participation certificates to all the students to mark the end of the 3-day camping activity. The handover ceremony was attended by Encik Mohamed Ali Mohamed from Tanjung Bin Power Plant and Puan Atiqah Fatehah Abd Amin from Stakeholder Management. This initiative is part of Malakoff’s Corporate Social Responsibility (“CSR”) initiatives, focusing on the Community pillar. Besides enhancing a close working relationship with various stakeholders and the local communities, we hope that initiatives like these will further cultivate the spirit of ‘giving back to the community’ while fostering a stronger bond between one another.
- Friendly Golf Tournament with Johor Authorities
Sharing important news and updates for you and the community Back Friendly Golf Tournament with Johor Authorities 10 April 2015 The Annual Malakoff Golf Invitational Tournament (Authorities-Southern Region 2015) was held on 11 April 2015 at Horizon Hill Golf & Country Club, Nusajaya, Johor. 22 golfers comprised of senior officials from Majlis Daerah Pontian, Pejabat Daerah Pontian, Pejabat Tanah Pontian, PDRM, BOMBA, DOSH and 10 golfers of Malakoff staff took part in this year’s tournament. YBhg Dato’ Marsan Kassim, Johor State Financial Officer was the guest of honour at the tournament accompanied by Tuan Haji Kamarudin Bin Abdullah, District Officer of Pontian, Tuan Haji Suhairi Bin Hashim YDP, Majlis Daerah Pontian and Tuan Haji Jaba Bin Mohd Noah, Private Secretary of the Sultan of Johor. The event was hosted by En Nordin Kassim, Senior Vice President, Operation & Maintenance, and En Halim Adnan, Plant Manager of Tanjung Bin Power Plant. This tournament was part of our regulatory programme to strengthen the good relationship between Johor Authorities and Malakoff and to catch up with the authorities in a more relaxed environment. ASP Cyril from PDRM defended his title as the tournament’s champion, while Tuan Mohd Pisa Bin Aziz and En Rahmat Ajis from BOMBA were in second and third places, respectively. The prizes to all winners were presented by En Nordin.