Beat eggs and milk in a large mixing bowl till frothy. Add the oil and vanilla. Stir in flour, salt, baking powder, and malt powder just till moistened; don't over-mix.
Let batter rest for at least 15 minutes. (The batter will thicken as it sits.)
Drop batter by 1/4 cupfuls onto a lightly greased griddle. Cook on one side until bubbly, about 2 minutes; flip and cook the other side until golden brown, about 1 1/2 to 2 minutes. Serve immediately.
Notes
Make sure you let the batter sit or it will be too runny.