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%.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
