Jasa Kita appoints new group MD


Datuk Seri Iskandar Mizal Mahmood (left) and Datuk Dr Yasmin Mahmood.

PETALING JAYA: Jasa Kita Bhd has appointed Datuk Yasmin Mahmood as executive chairman and Datuk Seri Iskandar Mizal Mahmood as group managing director or MD.

In September 2025, Abdul Azis Mohamad, major shareholder and Yasmin’s husband, together with his investment vehicle Kintan Prima Sdn Bhd, had acquired a 40.33% stake in Jasa Kita from the company’s former shareholders, the Tan family, paying approximately RM68.9mil at RM0.38 per share.

This triggered a mandatory general offer (MGO) for the remaining shares at the same price, marking a clear shift in controlling ownership, with their combined shareholding now at 77.93% following completion of the MGO.

Yasmin is the former CEO of Malaysia Digital Economy Corp, while Iskandar is regarded as a turnaround specialist.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Higher corporate bond yields push issuers to delay debt sales to next quarter
Oil rises for sixth session on US data, geopolitical tension
BP to sell 65% stake in Castrol to Stonepeak for US$6bil
Nam Cheong sells 4,000-DWT platform supply vessel for US$20.5mil
Maybank experiencing intermittent slowness affecting DuitNow services
China turns sport into serious business
Gold climbs above US$4,500 in historic rally for precious metals
Borneo Oil’s associate Verde Resources seeks Nasdaq listing, raising US$5–US$8mil
MARC Ratings affirms Malaysia’s sovereign rating at AAA
FBM KLCI edges higher at midday amid selective buying

Others Also Read