Jasa Kita’s next move

IT will be interesting to see what Jasa Kita Bhd, a manufacturer of industrial equipment, which announced the acquisition of a 55% stake in a privately held company that owns 44.55 ha of leasehold industrial land located in Pahang’s Gebeng industrial zone, will do with this land should shareholders acquiesce to the deal.

This is especially so given that Jasa Kita recently saw a new set of owners who are related parties to the acquisition.