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- Malakoff Instills Good Ethics In Young Malaysians
Sharing important news and updates for you and the community Back Malakoff Instills Good Ethics In Young Malaysians 23 June 2013 Malakoff Corporation Berhad (Malakoff) recently organised its annual ‘Program Melentur Buluh’ at Sekolah Kebangsaan (SK) Segari, as part of its social commitment to help nurture sound values amongst the young students through active participation in community activities. Organised for the third consecutive year, the event is a CSR initiative organised by the Company under its flagship CSR platform – the Malakoff Community Partnerships. During the employee-driven effort, Malakoff volunteers rallied all 96 enthusiastic students to participate in a ‘gotong-royong’ campaign to liven up the school’s surroundings. Further to this, Malakoff employees refurbished the library into a more vibrant hub of knowledge to encourage active reading habits amongst students. Speaking about the event, Zainal Abidin Jalil, the Chief Executive Officer of Malakoff said, “In addition to academic excellence, character building and a sense of belonging to the community are important to help shape our young Malaysians who will grow to be the next generation of leaders. The ‘Program Melentur Buluh’ is a platform for us at Malakoff to help inculcate positive values in the early years of these children.” “I am pleased that our employees have demonstrated a strong volunteerism spirit to expand the programme. We will explore how we can replicate its success at all of our ten adopted schools across Malaysia in the years to come,” he added. In addition, Malakoff invited Road Traffic Police to educate the students on road safety. The local Fire and Rescue Department also participated in the programme to provide practical demonstration on the importance of fire safety to students. As one of Malakoff’s ten adopted schools across Malaysia, SK Segari also receives an annual financial grant worth RM20,000 from the Company under the Malakoff Education Fund. This fund enables the Company’s ten adopted schools to be better equipped with learning facilities to ensure academic excellence among students. Hajah Saadiah Mahmud, Headmistress of SK Segari said, “I am heartened by Malakoff’s genuine interest and deep concern for our students’ well-being. The Company has financially supported our school since 2006 and organised various on-the-ground learning opportunities for our students.” Visibly proud of her students’ efforts, she added, “I am delighted with my students’ active and enthusiastic involvement to make their school’s environment better. This is the first time a ‘gotong-royong’ was organised and our students have definitely taken away with them some valuable lessons from the event. We hope to continue such efforts in the future for the benefit of our students.” The first ‘Program Melentur Buluh’ was held in 2011 at SK Andek Mori, Johor. Following its success, Malakoff continued to champion the initiative last year at SK Seri Sinaran Chokoh, Johor.
- Malakoff Turtle Awareness Program 2012
Sharing important news and updates for you and the community Back Malakoff Turtle Awareness Program 2012 10 July 2012
- Bantuan Zakat Persekolahan Kaw 1 Mukim Serkat 2021
Sharing important news and updates for you and the community Back Bantuan Zakat Persekolahan Kaw 1 Mukim Serkat 2021 10 March 2021
- Suruhanjaya Tenaga Julang Piala Pusingan
Sharing important news and updates for you and the community Back Suruhanjaya Tenaga Julang Piala Pusingan 15 February 2016 Pada 12 Februari yang lalu telah berlangsung perlawanan bola sepak persahabatan tahunan di antara Malakoff dan Suruhanjaya Tenaga (ST) di Stadium Majlis Sukan Negara, Bukit Jalil. Objektif penganjuran perlawanan ini adalah untuk mengeratkan lagi silaturahim yang telah sedia terjalin di antara warga kerja ST dan Malakoff. Pertemuan kali ini menyaksikan pasukan bola sepak ST membawa pulang piala pusingan yang pertama kali dipertandingkan. Malakoff mendahului separuh masa pertama dengan kelebihan dua gol sebelum pemain ST merapatkan jurang dengan jaringan gol pertama pada minit terakhir sebelum separuh masa pertama berakhir. Separuh masa kedua menyaksikan kedua-dua pasukan saling berbalas serangan dengan masing-masing berjaya mengikat permainan dengan keputusan seri 3 sama sehingga wisel penamat ditiup. Tendangan penalti terpaksa diadakan untuk menentukan pemenang perlawanan tersebut. Pasukan ST berjaya membolosi gawang lawan sebanyak 4 jaringan seterusnya muncul sebagai pemenang piala pusingan pada perlawanan tersebut. Manakala pasukan Malakoff akur dengan hanya dua jaringan. Piala pusingan perlawanan telah disampaikan oleh Encik Ainor Khaliq Anuarudin, Naib Presiden, Perkhidmatan Undang-undang, Malakoff Corporation Berhad. Walaupun nasib tidak menyebelahi pasukan Malakoff, namun kehadiran para penyokong dari kedua-dua buah pasukan ternyata memberi semangat dan kekuatan untuk para pemain mempamerkan aksi terbaik mereka. Semangat juang yang tinggi dan juga kerjasama di antara kedua-dua pasukan jelas kelihatan di sepanjang perlawanan berlangsung. Syabas di ucapkan kepada kedua-dua pasukan. Ribuan terima kasih dan sekalung tahniah diucapkan kepada pihak ST kerana sudi menerima jemputan perlawanan persahabatan kali ini sekaligus menjulang piala pusingan. Semoga bertemu lagi di perlawanan yang akan datang.
- Pusat Pengajian Komunikasi Usm Menandatangani Perjanjian Persefahaman Dengan Malakoff
Sharing important news and updates for you and the community Back Pusat Pengajian Komunikasi Usm Menandatangani Perjanjian Persefahaman Dengan Malakoff 4 April 2010 Pusat Pengajian Komunikasi (PPK) Universiti Sains Malaysia (USM) telah mengadakan Program “Immersion Project, Appreciation, and Tribute” (IMPACT) 2010 yang telah dirasmikan oleh Naib Canselor Universiti Sains Malaysia. Program ini bertujuan untuk menyediakan satu platform kepada penuntut-penuntut tahun akhir untuk mempamerkan hasil kerja mereka, memberi peluang kepada masyarakat USM khususnya dan orang awam untuk mengenali PPK selain daripada mendekatkan hubungan dengan industri media tempatan, agensi-agensi kerajaan dan badan korporat. Dalam menjayakan program ini, PPK USM telah mengatur pelbagai aktiviti seperti ceramah kerjaya, pendedahan kepada tren terkini dalam industri media, sesi temuduga dan sebagainya. Program-program seperti ini diharapkan dapat menjadi satu platform untuk para pelajar mempersiapkan diri dan mendapat gambaran realiti dunia pekerjaan hari ini yang bakal mereka tempuhi setelah mereka menamatkan pengajian mereka kelak. Sehubungan dengan itu, satu perjanjian persefahaman telah ditandatangani di antara Pusat Pengajian Komunikasi (PPK) Universiti Sains Malaysia (USM) dengan Malakoff Corporation Berhad (MCB) untuk menempatkan pelajar-pelajar dari PPK menjalani latihan industri di Malakoff. Perjanjian itu ditandatangani oleh Professor Omar Osman dari USM dan diwakili oleh En. Yusop Abdul Rashid dari Malakoff.
- Malakoff Corporation Berhad Profit Increased by three fold in Q1 FY2015
Sharing important news and updates for you and the community Back Malakoff Corporation Berhad Profit Increased by three fold in Q1 FY2015 26 May 2015 Profit before tax grew RM130.9 mil to RM175.5 million Malakoff Corporation Berhad (“Malakoff” or “Group”), the largest Independent Power Producer (“IPP”) in Malaysia and South East Asia in terms of total generation capacity, recorded strong growth for its first quarter ended 31 March 2015 (“Q1 FY2015”). PBT registered almost a 300% increase to RM175.5 million, an increase of RM130.9 million from RM44.6 million. At the same time, group revenue increased by 9% to RM1.35 billion from RM1.24 billion in the corresponding quarter of the previous year. In Q1 FY2015, PATMI jumped to RM103.9 million leading to a similar increase in basic EPS at 2.90 sen from RM2.6 million and 0.07 sen respectively in the corresponding quarter of the previous year. Malakoff attributed its revenue growth for the quarter under review to the higher capacity registered by its coal-fired 2,100 megawatt (“MW”) Tanjung Bin Power Plant (“TBPP”) and the consolidation of Port Dickson Power (“PDP”) profit pursuant to the completion of the PDP acquisition in 2014. In April 2014, Malakoff had acquired the remaining 75% equity interest in PDP not held by the Group, a move that is expected to enhance its profitability. PBT growth for the quarter was also supported by other factors such as lower finance costs and higher interest income. Dato’ Sri Syed Faisal Albar, Chief Executive Officer of Malakoff, said “Our Q1 performance is reflective of our growth trajectory based on a solid business model and stable cashflow.” “Moving forward, we remain focused on delivering growth that are earnings accretive to Group performance, adding value to our shareholders,” he added. Malakoff declared a single-tier interim dividend of 3 sen per share for the financial year ending 31 December 2015. The Group’s finance costs will also be lower with the redemption of the Unrated Junior Sukuk Musharakah utilising the RM1.8 billion gross proceeds raised from its initial public offering exercise which concluded with its listing on Bursa Malaysia Securities Berhad earlier this month. Barring unexpected developments, Malakoff expects better performance for FY2015 against the previous year on the back of higher contribution from TBPP where all three 700MW turbine units are now available at full capacity. The Group’s gas-fired power plants in Lumut and Prai are also expected to continue performing well. In addition, the full year contribution from PDP will further enhance the Group’s profitability. Results Highlights Q1 FY2015 ended 31 March 2015 versus Q1 FY2014 ended 31 March 2014: Profit before tax (“PBT”) of RM175.5 million, up RM130.9 million from RM44.6 million Revenue of RM1.35 billion, up 9% from RM1.24 billion Profit after tax and minority interests (“PATMI”) of RM103.9 million from RM2.6 million Basic earnings per share (“EPS”) increased to 2.90 sen from 0.07 sen Single-tier interim dividend of 3 sen per share for the financial year ending 31 December 2015
- Malakoff Grooms Young Leaders
Sharing important news and updates for you and the community Back Malakoff Grooms Young Leaders 20 October 2013 24 UNITEN Students Selected for Company’s Talent Development Programme Malakoff Corporation Berhad (Malakoff) has awarded 24 promising undergraduates from Universiti Tenaga Nasional (UNITEN) with placements under the Malakoff-UNITEN Talent Acceleration Programme (MUTAP), as part of its commitment to nurture young Malaysians to become future leaders. The talent development effort initiated by Malakoff and UNITEN in collaboration with Leaderonomics offers students a year-long experiential learning programme, enabling them to develop new skills including critical thinking, problem solving, collaboration, communication, creativity and innovation through hands-on experience as well as coaching sessions. Speaking at the event, Bani Zainal, Senior Vice President, Corporate Services Division, Malakoff, said, “At Malakoff, we proactively engage with local universities and contribute to the development of young talents through efforts including MUTAP, in line with Malaysia’s vision to invest in human capital as a key enabler to build a knowledge-intensive and high-income nation.” “Through MUTAP, we hope to nurture our bright graduates for leadership roles with hands-on job experience and ample opportunities to develop their potential. This is part of our commitment to work with local universities to ensure a sustainable pipeline of talent for the industry,” he added. The year-long MUTAP will adopt a 70-20-10 learning approach, which is a proven methodology to increase learning effectiveness and ensure skills retention as compared to formal training. Students will devote 70% of their time on live and action-based learning projects, supported by 20% mentoring as well as coaching sessions, with the remaining 10% on formal courses and reading. The selected 24 high achievers are currently in their third and fourth year from the Faculty of Electricity and Electronics, Electrical Power, Mechanical Engineering, Civil Engineering and Information Technology of UNITEN. Recognising the importance of diversity in any given organisation, Malakoff has also shortlisted four international students from Yemen, Palestine, Sudan, and Jordan to participate in the programme to foster better intercultural communication among the students. Dato' Prof. Ir. Dr. Ibrahim Hussein, Deputy Vice Chancellor (Academic and Research) said, “We take pride in promoting lifelong and continuous learning in our students as we firmly believe that we need to be constantly exposed to new skills and knowledge in order to remain competitive in today’s economic environment.” “I applaud Malakoff’s long-term commitment and collaboration in ensuring that our graduates are well equipped with the necessary skills to excel in their careers through various efforts including MUTAP,” he added. Earlier this month, Malakoff also saw the kick-off of the Leadership Club at UNITEN, which is a key step in driving student engagement. The Club currently comprises 37 students from various faculties and age group pledging to spearhead youth leadership at the university. Over and above MUTAP, Malakoff initiated the “Share Us Your Love” programme in 2010 as a platform for UNITEN students to conduct a motivation and self-development camp for the children of Rumah Jagaan Siraman Kasih. The following year, the Company partnered with the graduates again for the project and helped mentor over 200 students from Sekolah Agama Rakyat Al-Ansar, specifically on self-development and religious education. Elaborating further on the Malakoff’s plan to roll-out the Talent Acceleration Programme, Bani added, “We are looking to expand the programme to other universities. We recognise that talent development is an ongoing process and requires significant time and resources, which Malakoff is committed to offer.” For more details on these and other initiatives by Malakoff, please visit www.malakoff.com.my
- Malakoff Interstate Fellowship Ride is BACK!
Sharing important news and updates for you and the community Back Malakoff Interstate Fellowship Ride is BACK! 4 October 2011 This year, 1,000 cyclists are expected to participate in the 2-day event, on 31 Dec 2011 and 1 Jan 2012, covering 250km of Penang, Perak and Kedah. The route will take the cyclists around Penang Island on Day 1, from Youth Park, climbing the favourite stretch of Jalan Tun Saadon, and back to Youth Park. For Day 2, the route takes the cyclists from Youth Park, crossing Penang Bridge, to the mainland to cover parts of Penang, Perak and Kedah. Crossing the Penang Bridge is the highlight of the ride, as it is the one and only time that Lembaga Lebuhraya Malaysia allows cyclists to cross the bridge. The cyclists will be taken back to Penang Island from the mainland by ferry, where they can enjoy the fantastic view of the sea during the 15-minute ride. Then, it’s another 10km ride back to Youth Park for refreshment and lucky draw. Each cyclist will get a limited edition Malakoff Interstate Fellowship Ride 2011 cycling jersey that is to be worn on Day 2 of the ride. The earnest fee collected from cyclists (RM50,000) will be given to a charity organization at the end of Day 2. Malakoff Interstate Fellowship Ride is a part of our Commitment to Community Sports under our CSR platform, the Malakoff Community Partnerships , that celebrates the achievement of Malakoff’s long-term and continuous commitment to being a responsible and active participant of the communities in which it operates. So, act now to be a part of the last ride and the first ride of the year!
- Program Serahan Bantuan Pendidikan Kawasan 1 Mukim Serkat 2020
Sharing important news and updates for you and the community Back Program Serahan Bantuan Pendidikan Kawasan 1 Mukim Serkat 2020 18 April 2020
- Datuk Wira Azhar Enthuses Staff In His First Townhall Session
Sharing important news and updates for you and the community Back Datuk Wira Azhar Enthuses Staff In His First Townhall Session 8 January 2017 Group Managing Director of Malakoff, Datuk Wira Azhar Abdul Hamid recently made his rounds, starting from Malakoff headquarters in Kuala Lumpur to five Malakoff-owned power plants throughout Malaysia in a close-to-heart townhall sessions with Malakoff staff. This was the first townhall session for Datuk Wira Azhar, who took office on 1 May 2016. The sessions started with a slide presentation on the company’s performance so far, followed by a question-and-answer session with staff. During his presentation, he pointed out that Malakoff is a good, profitable company and urged everyone to get out of their comfort zones and work hard in order for the company to be sustainable in many years to come. Datuk Wira Azhar emphasized on growing the company by securing more power-related projects in the future. As the existing power purchase agreements’ tenure reduces over time, he said that it is imperative to capture as many new projects as possible, either brownfield or greenfield, to fuel Malakoff’s growth and profits. “We also have an obligation to our shareholders and by creating a growth story, we will enhance Malakoff’s market value.” Datuk Wira Azhar also touched on the cost optimization exercise that has been going on across the company since he took office. In order for the company to be profitable, the cost of running the existing assets must be kept in check, whilst improvements must be carried out to increase its efficiency and effectiveness. He also pointed out that a manpower optimization plan was also underway and will be implemented in the first quarter of 2017. Referring to the challenging year ahead, Datuk Wira Azhar said, “Staff have to embrace a paradigm shift to make a difference. Doing the right thing within the company is important to ensure that the ship won’t sink.” He also mentioned that the Six Sigma methodology will be adapted across the board as a tool to improve business process capabilities and the company’s performance. Moving forward, to ensure the sustainability of the company that aspires to be a leading power and water desalination company in Malaysia and Southeast Asia, Datuk Wira Azhar encouraged everyone to give added value to their roles at the workplace. While continuing with the on-going cost optimization efforts, Malakoff must also look for new business opportunities to expand its growth and momentum.
- Malakoff celebrates 44 orphans in the spirit of Ramadhan
Sharing important news and updates for you and the community Back Malakoff celebrates 44 orphans in the spirit of Ramadhan 29 July 2012 Majlis Iftar Malakoff Corporation Berhad was held on 27th July 2012 at Hotel Istana, Kuala Lumpur. The function was attended by approximately 500 guests, consisting of Malakoff staff, and their spouses, together with business associates and stakeholders. True to the spirit of Ramadan, Malakoff continues its tradition of remembering the less fortunate who received early Eid ul Fitr cheers to brighten up their raya. Special guests for the night were 44 orphans from Maahad Tarbiyah Islamiyah Al-Ansar (Maahad Al-Ansar). They received contributions from Yang Berbahagia Datuk Haji Hasni Harun, Group Managing Director of MMC Corporation Berhad and Director of Malakoff Corporation Berhad, and En Zainal Abidin Jalil, Chief Executive Officer of Malakoff. The kids were touched by the gesture of Malakoff, who is sensitive to the plight and needs of the unfortunate ones. While the clients and staff mingled as they devoured the delectable kampong favourites, they were entertained by ‘qasidah’ performance by students of Maahad Al-Ansar. It was satisfying to be able to bring smiles to their faces in this blessed month of Ramadan. Besides doing this small bit for the community, it was also a good opportunity to reconnect with business associates and media friends in a relaxed environment and enjoy the cozy ambience and delicious food, as part of our engagement initiatives with stakeholders.
- Signing Ceremony of Financing Agreement with Tanjung Bin Energy Issuer
Sharing important news and updates for you and the community Back Signing Ceremony of Financing Agreement with Tanjung Bin Energy Issuer 28 February 2012