Malakoff's origins began in 1970 with a plantation-based firm focused on oil palm agriculture.

Malakoff Berhad was established through the restructuring of Malakoff Rubber Estate Limited, marking its evolution from a UK-based plantation company into a rising Malaysian enterprise.

Malakoff Berhad commenced operations following a successful restructuring and the winding up of Malakoff Rubber Estate Limited (MREL), stepping onto the global stage with listings on the Kuala Lumpur, Singapore, and London stock exchanges on 12 February 1976.

Malakoff ventured into power generation through the acquisition of interests in the Port Dickson and Kapar power plants, marking the start of its journey toward becoming a leading force in the nation’s energy landscape.

• Malakoff expanded into utilities with Malakoff Utilities, powering KL Sentral while a shift in ownership through MMC Corporation Berhad set the stage for future growth.
• Malakoff diversified into utility services through Malakoff Utilities, supplying electricity and chilled water to KL Sentral. The year also marked a major shift in ownership, as MMC Corporation Berhad took over a 22.7% stake, setting the stage for future growth.

Malakoff emerged as a regional energy powerhouse, extending its thermal power and water desalination expertise across the Middle East and North Africa (MENA), marking its global footprint in the energy sector.

Malakoff made a strategic decision to divest its 20% stake in Dhofar Power Company, following Oman's government restructuring of its electricity industry, marking a pivotal moment in the company's evolving global strategy.

Malakoff expanded internationally with the Shuaibah project in Saudi Arabia and a 45% stake in Muscat City Desalination Company (Oman), boosting its water and energy portfolio.

Malakoff stepped into a greener future in 2019 with the acquisition of Alam Flora Sdn Bhd, weaving environmental stewardship into its journey and marking a graceful entry into the realm of waste management.

Malakoff strengthened its presence in renewable energy, environmental solutions, water desalination and thermal power generation, reaffirming its commitment to balanced and sustainable growth.

Malakoff unveiled a renewed identity through the launch of Malakoff Green Solutions, Malakoff Environmental Solutions and Malakoff Energy, signaling a bold step toward a low-carbon, circular economy and a more sustainable future.