Malakoff currently has significant coal exposure. Revenue from its two coal plants –Tanjung Bin Power(pic) and Tanjung Bin Energy – accounts for over 60% of group revenue.
KUALA LUMPUR: Malakoff Corp Bhd’s lower dividend payout could signal a shift in focus amidst a changing landscape in the power industry.
Last month, Malakoff declared a final dividend of 2.3 sen, bringing its financial year 2020 (FY20) total dividend per share to 5.1 sen. This represents a payout of 87%.
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