PETALING JAYA: Jasa Kita Bhd
has received a notice of unconditional mandatory takeover offer from Maybank Investment Bank Bhd and Astramina Advisory Sdn Bhd on behalf of Kintan Prima Sdn Bhd.
In a filing with Bursa Malaysia, the power tool and industrial equipment maker said oil and gas veteran Abd Azis bin Mohamad, his wife Datuk Yasmin Mahmood, and brother-in-law Datuk Iskandar Mizal Mahmood had entered into two conditional share sale agreements on July 11, 2025 with Tan Sri Tan Hua Choon and Datuk Sri Tan Han Chuan to acquire 40.33% equity interest in Jasa Kita for RM68.90mil or 38 sen per share.
