Malakoff Corporation Berhad’s

10th Annual General Meeting

On 21 April 2016, Malakoff Corporation Berhad (Malakoff) a Member of MMC Group held its 10th Annual General Meeting (AGM) at Hotel Istana, Kuala Lumpur.

The AGM was chaired by Tan Sri Dato’ Seri Syed Anwar Jamalullail, Chairman of Malakoff and attended by approximately 700 shareholders and proxies. The AGM started at 11.00am and ended at 12.30pm.

In a press release issued at the FY2015 Result announcement after the AGM, Malakoff declared a strong profit in FY2015 by achieving a Profit After Tax and Minority Interests (PATMI) of RM453.2 million despite a 5% decline in its revenue to RM5.3 billion from RM5.6 billion in FY2014. The total dividend payout is 7 sen per share, representing a dividend payout equivalent to 77% of its PATMI or RM350 million.

At the press conference, Tan Sri Dato’ Seri Syed Anwar Jamalullail added, “Moving forward, the Company aims to increase its effective power generation capacity to 10,000 MW and water production capacity to 667,200 m3/day by 2020.”

corporatecomm@mmc.com.my