Malakoff open to looking at 1MDB power assets

KUALA LUMPUR: Malakoff Corporation Bhd , Malaysia's largest independent power producer, will explore opportunities to buy power assets, including those from state development fund 1MDB, its chief executive said.

1MDB, long dogged by controversy over its $11.8 billion debt and investment decisions, has been looking at a $3 billion listing of its Edra Global Energy unit although this has been delayed several times.