Acquiring Company
Jasa Kita Bhd
Acquired Company
KT System Sdn Bhd
Description
Jasa Kita Bhd has acquired 100% of KT System Sdn Bhd for RM10 million, strengthening its position in the power infrastructure market. The acquisition aims to enhance KT System's capabilities in high-voltage testing and maintenance. This move is part of Jasa Kita's strategy to diversify its business and tap into Malaysia's growing power sector opportunities. The deal positions Jasa Kita for future growth in renewable energy and grid services.
Fundz sees it the moment Jasa Kita Bhd makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Frequently asked
Who acquired KT System Sdn Bhd?
KT System Sdn Bhd was acquired by Jasa Kita Bhd, based in Kuala Lumpur. The deal was reported on October 2, 2026. Jasa Kita Bhd is a manufacturer of power tools, electric motors, hand tools, and industrial equipment. The company recently faced a decline in profit but managed to increase its revenue. Jasa Kita Bhd is privately held and operates in Manufacturing.
When did Jasa Kita Bhd acquire KT System Sdn Bhd?
Jasa Kita Bhd's acquisition of KT System Sdn Bhd was reported on October 2, 2026. Jasa Kita Bhd has acquired 100% of KT System Sdn Bhd for RM10 million, strengthening its position in the power infrastructure market. The acquisition aims to enhance KT System's capabilities in high-voltage testing and maintenance. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does KT System Sdn Bhd do?
KT System Sdn Bhd is a full-service electrical engineering firm involved in testing, commissioning, and maintenance of electrical systems. The company carries out electrical works and provides consulting within the power sector. It is privately held, operating in Construction, and is based in Malaysia.
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