I've been experimenting with a mix of ad/ap on Malz, and I recently tried out a combo that I think worked really well: Botrk, BT, Nashors, Deathcap, Rod, and Magic pen boots with homeguard. I think it compensates for the lack of tankiness with a fair amount of life steal and still retaining the tank-shredding capabilities. Has anyone else tried out hybrid builds on malz that worked? If so, what was it?
There's really no point in using on-hit effects since the point of AD on Malz is the 1.0 AD scaling on his voidlings. His AP scaling is so high that it's generally a waste to be auto attacking with him instead of casting. If you want hybrid, here's a sample build:
Then run full hybrid pen marks, armor seals, scaling AP glyphs, and AD Quints. The reason you want the is that the voidlings will armor shred since it's "physical damage" instead of on-hit or on-spell. This makes them do more damage and is a big utility for your team.
You could run 
instead, but I find that you gimp your mid game since you don't have the CDR or Rod stacks to sustain voidlings or damage.
