Announcement • Apr 23
THH Electrical Engineering Sdn. Bhd. entered into a Share Sale Agreement to acquire GRP Holdings Sdn. Bhd. from Kumpulan Jetson Berhad (KLSE:JETSON) for MYR 15.8 million. THH Electrical Engineering Sdn. Bhd. entered into a Share Sale Agreement to acquire GRP Holdings Sdn. Bhd. from Kumpulan Jetson Berhad (KLSE:JETSON) for MYR 15.8 million on April 22, 2026. As part of the acquisition, THH Electrical Engineering Sdn. Bhd. will acquire the entire equity in GRP Holdings Sdn. Bhd. As part of consideration, MYR 3 million will be paid in cash and MYR 12.8 million shall be satisfied via the assumption of indebtedness. Upon completion, GRP Holdings Sdn. Bhd. will no longer operate as a subsidiary of Kumpulan Jetson Berhad.
The transaction is not subject to the approval of the shareholders of Kumpulan Jetson Berhad or any authorities and is expected to be completed within 60 days. The proceeds from the transaction will will be utilized within twelve (12) months for working capital purposes to support the additional funding requirements of the Company and its manufacturing subsidiaries, namely Kumpulan Jebco (M) Sdn. Bhd. and Jebplus Sdn. Bhd., for pre- and post-financing operational needs, including procurement of raw materials, production costs, inventory holding, payment of staff and overhead expenses, utilities, logistics and other general working capital requirements in the ordinary course of business. New Risk • Mar 09
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: RM37.5m (US$9.45m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 26% per year over the past 5 years. Market cap is less than US$10m (RM37.5m market cap, or US$9.45m). Minor Risk Share price has been volatile over the past 3 months (8.7% average weekly change). Reported Earnings • Mar 01
Third quarter 2026 earnings released: RM0.003 loss per share (vs RM0.046 loss in 3Q 2025) Third quarter 2026 results: RM0.003 loss per share (improved from RM0.046 loss in 3Q 2025). Revenue: RM48.3m (up 14% from 3Q 2025). Net loss: RM1.29m (loss narrowed 93% from 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. New Risk • Jan 31
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-RM3.4m free cash flow). Earnings have declined by 19% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Market cap is less than US$100m (RM47.9m market cap, or US$12.2m). New Risk • Nov 21
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -RM3.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-RM3.4m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 19% per year over the past 5 years. Minor Risk Market cap is less than US$100m (RM58.4m market cap, or US$14.1m). New Risk • Nov 19
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Malaysian stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 8.8% per year over the past 5 years. Minor Risk Market cap is less than US$100m (RM58.4m market cap, or US$14.1m). Board Change • Oct 01
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. 1 experienced director. No highly experienced directors. Independent & Non Executive Director Rui Yee Goh is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. New Risk • Sep 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Malaysian stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 8.8% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (RM66.7m market cap, or US$15.9m). New Risk • Aug 31
New major risk - Revenue and earnings growth Earnings have declined by 8.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 8.8% per year over the past 5 years. Shareholders have been substantially diluted in the past year (56% increase in shares outstanding). Minor Risk Market cap is less than US$100m (RM70.9m market cap, or US$16.8m). Reported Earnings • Aug 06
Full year 2025 earnings released: RM0.055 loss per share (vs RM0.032 profit in FY 2024) Full year 2025 results: RM0.055 loss per share (down from RM0.032 profit in FY 2024). Revenue: RM197.3m (down 11% from FY 2024). Net loss: RM23.0m (down 367% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Announcement • Jul 30
Kumpulan Jetson Berhad, Annual General Meeting, Sep 11, 2025 Kumpulan Jetson Berhad, Annual General Meeting, Sep 11, 2025, at 10:00 Singapore Standard Time. Location: the royal club selangor, jalan kelab golf, 55000 kuala lumpur, wilayah persekutuan kuala lumpur, Malaysia Announcement • Jul 18
Plaintiffs Informs the Court of Their Intention to Withdraw the Suit against Kumpulan Jetson Berhad The Board of Directors of Kumpulan Jetson Berhad informed that the Plaintiffs have informed the Court of their intention to withdraw the suit. The Court has struck out Enclosure 1 – Originating Summons with cost of MYR 10,000.00 to the Kumpulan Jetson Berhad as the 1st Defendant and MYR 25,000.00 to the Requisitionists collectively. Announcement • Jul 10
Kumpulan Jetson Berhad and Securities Services (Holdings) Sdn. Bhd. Announce Update on Material Litigation Case At the Kuala Lumpur High Court Kumpulan Jetson Berhad ("Jetson") is currently facing a material litigation case at the Kuala Lumpur High Court under Suit No. WA-24NCC-283-05/2025, with plaintiffs including Yudishthiran A/L Doraisamy, Dhayalini A/P G. Doraisamy, P.G. Doraisamy A/L Gopal, Wong Hong Yuk, and Teoh Cheng Fang, who have filed the suit against Jetson and Securities Services (Holdings) Sdn. Bhd. In a recent development on 8 July 2025, the court mandated that Jetson must refrain from taking any further steps to implement its Employee Share Option Scheme (ESOS) until the hearing of Enclosure 5 on 18 July 2025, as per the plaintiffs' application. This order was issued on the grounds that the implementation of the ESOS cannot proceed while a requisition to remove the current board of directors is pending. The company has previously issued multiple announcements regarding this ongoing litigation and has committed to providing further updates on any material developments in due course. Board Change • Jun 19
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent & Non Executive Director Rui Yee Goh is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 03
Full year 2025 earnings released: RM0.066 loss per share (vs RM0.032 profit in FY 2024) Full year 2025 results: RM0.066 loss per share (down from RM0.032 profit in FY 2024). Revenue: RM197.3m (down 11% from FY 2024). Net loss: RM22.2m (down 357% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Announcement • May 31
Jetson Receives Originating Summons from Shareholders Seeking to Convene Extraordinary General Meeting Kumpulan Jetson Berhad solicitors received, on 29 May 2025, the Originating Summons No. WA-24NCC-283-05/2025, which was served on the Company by Yudishthiran A/L Doraisamy, Dhayalini A/P P.G. Doraisamy, P.G. Doraisamy A/L P. Gopal, Wong Hong Yuk, and Teoh Cheng Fang (“Plaintiffs”) through their solicitors, Messrs. Izral Partnership. In the said summons, the Plaintiffs are seeking relief from the Court against the Company and Securities Services (Holding) Sdn. Bhd. ("Securities Services") for, among others: (a) an order compelling Securities Services to provide the Plaintiffs with the Company’s Record of Depositors as at 19 May 2025 within one working day or within such time as the Court deems fit, to enable the Plaintiffs to comply with statutory requirements for convening an extraordinary general meeting (EGM); (b) alternatively, for an EGM to be convened on 18 June 2025 or such other date as the Court may direct to consider the matters proposed in the Notice of Requisition dated 23 April 2025; (c) an injunction to restrain the Company, its directors, agents, or any persons acting on their behalf from altering the board composition, varying the issued share capital, or undertaking any transaction outside the ordinary course of business pending the EGM; (d) that the costs of the application be borne by the Company; and (e) any further or other relief deemed fit by the Court. The Court has fixed the matter for hearing on 9 June 2025. As of the date of this announcement, the litigation is not expected to have any material financial or operational impact on the Group. The Company is currently seeking legal advice regarding its next course of action. Further material developments in relation to this matter will be announced in due course. New Risk • Feb 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (8.3% operating cash flow to total debt). Shareholders have been substantially diluted in the past year (40% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Market cap is less than US$100m (RM75.3m market cap, or US$17.0m). Announcement • Feb 05
Kumpulan Jetson Berhad has filed a Follow-on Equity Offering in the amount of MYR 2.000075 million. Kumpulan Jetson Berhad has filed a Follow-on Equity Offering in the amount of MYR 2.000075 million.
Security Name: ORDINARY SHARES
Security Type: Common Stock
Securities Offered: 11,429,000
Price\Range: MYR 0.175
Transaction Features: Subsequent Direct Listing New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 40% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (8.3% operating cash flow to total debt). Shareholders have been substantially diluted in the past year (40% increase in shares outstanding). Minor Risk Market cap is less than US$100m (RM79.0m market cap, or US$17.6m). Announcement • Oct 08
OCR Group Berhad Provides Material Litigation Update Against Jetson Construction Sdn Bhd and Kumpulan Jetson Berhad Kumpulan Jetson Berhad announced that it has received the Writ of Summons and Statement of Claim filed by OCMI against JCSB and Jetson in the Kuala Lumpur High Court in Civil Suit No. WA-22C-73-10/2024 (“Suit”) on 3 October 2024. The Company is not a party to the Suit as JCSB is not a subsidiary nor a member company of Jetson. The Company is mentioned as a second defendant in the Suit purportedly pursuant to a limited corporate guarantee up to MYR 4.4 million issued by Jetson in year 2022. The Company’s position has always been that its corporate guarantee obligations ceased with the termination of the contract between OCMI & JCSB in year 2022 and the alleged claim by OCMI is without merits. The Company has sought for advice from its solicitors and has instructed the said solicitors to take all necessary steps to vigorously defend its position. The Company believes that the Suit is not expected to have any material financial and operational impact on the Company for the financial year ending 31 March 2025. Further announcements will be made in due course should there be any material developments on the above matter. Announcement • Oct 05
OCR Group Berhad Provides Material Litigation Update Against Jetson Construction Sdn Bhd and Kumpulan Jetson Berhad OCR Group Berhad announced that following the deemed termination of the Arbitration initiated against JCSB on 10 September 2024 due to JCSB’s failure to pay its share of requisite deposits to Pertubuhan Arkitek Malaysia, OCMI has filed the Writ of Summons and Statement of Claim against JCSB and Kumpulan Jetson Berhad (KJB) on 3 October 2024 with the Kuala Lumpur High Court in Civil Suit No. WA-22C-73-10/2024 (Suit). The Suit was filed against JCSB and KJB in connection with OCMI’s claims against JCSB as stipulated in the Arbitration proceedings and OCMI’s enforcement against KJB under the Corporate Guarantee dated 30 January 2022 issued by KJB due to JCSB’s failure to remedy its breaches and defaults under the Project. New Risk • Sep 15
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 40% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (10% operating cash flow to total debt). Minor Risks Shareholders have been diluted in the past year (40% increase in shares outstanding). Market cap is less than US$100m (RM79.0m market cap, or US$18.4m). Reported Earnings • Aug 05
Full year 2024 earnings released: EPS: RM0.04 (vs RM0.032 loss in FY 2023) Full year 2024 results: EPS: RM0.04 (up from RM0.032 loss in FY 2023). Revenue: RM276.8m (up 40% from FY 2023). Net income: RM10.8m (up RM19.3m from FY 2023). Profit margin: 3.9% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Announcement • Jul 30
Kumpulan Jetson Berhad, Annual General Meeting, Sep 13, 2024 Kumpulan Jetson Berhad, Annual General Meeting, Sep 13, 2024, at 10:00 Singapore Standard Time. Location: level 7, menara milenium, jalan damanlela, pusat bandar damansara, damansara heights, 50490 kuala lumpur, wilayah persekutuan, Malaysia Announcement • Jul 15
Kumpulan Jetson Berhad Appoints Goh Rui Yee as Independent and Non Executive Chairman of Remuneration Committee Kumpulan Jetson Berhad appointed GOH RUI YEE aged 37, as Independent and Non Executive Chairman of Remuneration Committee. Composition of Remuneration Committee (Name and Directorate of members after change): Ms. Goh Rui Yee - Chairperson (Independent Non-Executive Director), Mr. Louise Paul A/L Joseph Paul - Member (Non-Independent Non-Executive Director), and Mr. Hong Cheong Liang - Member (Independent Non-Executive Director). Date of change is 15 July 2024. Reported Earnings • May 30
First quarter 2024 earnings released: EPS: RM0.042 (vs RM0.006 loss in 1Q 2023) First quarter 2024 results: EPS: RM0.042 (up from RM0.006 loss in 1Q 2023). Revenue: RM60.9m (up 17% from 1Q 2023). Net income: RM11.3m (up RM12.8m from 1Q 2023). Profit margin: 19% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. New Risk • Mar 14
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.2x net interest cover). Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (RM68.3m market cap, or US$14.6m). Announcement • Mar 12
Kumpulan Jetson Berhad Announces Board Changes Kumpulan Jetson Berhad, at its EGM, held on March 11, 2024, the company appointed Tee Chee Beng, Chuan Sieh Yee, Joe Tee Chang Chee Lup, Boey Sook Yen, Melvin Ong Kok Ho as Directors. The company also approvedRemoval of Tunku Nooruddin Bin Tunku Shahabuddin, Louise Paul A/L Joseph Paul, Hong Cheong Liang, Edward Ng Kah Jiun, Goh Rui Yee as Directors. Announcement • Jan 26
Kumpulan Jetson Berhad announced that it expects to receive MYR 20.99999 million in funding Kumpulan Jetson Berhad announced a private placement to issue 1,071,975 shares at an issue price of MYR 19.59 per share for the gross proceeds of MYR 20,999,990.25 on January 24, 2024. Reported Earnings • Nov 30
Third quarter 2023 earnings released: RM0.002 loss per share (vs RM0.002 loss in 3Q 2022) Third quarter 2023 results: RM0.002 loss per share (in line with 3Q 2022). Revenue: RM56.2m (up 3.6% from 3Q 2022). Net loss: RM502.0k (loss widened 5.2% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Nov 23
Kumpulan Jetson Berhad Announces Resignation of Encik Muhammad Badri Bin Mukhtar as Independent and Non Executive Director Kumpulan Jetson Berhad announced resignation of Encik Muhammad Badri Bin Mukhtar, aged 47, as Independent and Non Executive Director to pursue other interest, effective from 20 November 2023. Announcement • Nov 04
Kumpulan Jetson Eyes MYR 32 Million Stake in Land-Rich Firm Kumpulan Jetson Berhad (KLSE:JETSON) is in negotiations to acquire a 51% stake in Magical Era (M) Sdn. Bhd. for MYR 32 million. Magical Era is a financial consultancy services firm that owns an unencumbered property in Alor Gajah, Malacca. The acquisition proposal is currently in the form of a non-binding letter of intent (LOI), and further negotiations are needed to finalise the terms. Jetson's subsidiary, Jetson Development Sdn. Bhd., is leading the negotiations, with Datuk Sri Baljinder Singh as the seller. The LOI has a termination date of November 30, 2023, if a share sale agreement is not executed. The acquisition aims to leverage the growth potential of prime industrial land and aligns with Jetson's expansion strategy. As of now, the LOI is not expected to have an immediate financial impact on Jetson. None of the company's directors, major shareholders, or affiliated individuals have vested interests in the LOI, and the board believes the move is in the company's best interest. Board Change • Nov 01
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent & Non Executive Deputy Chairman Nooruddin Bin Tunku Dato Sri Shahabuddin was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. New Risk • Oct 31
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Malaysian stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 3.2% per year over the past 5 years. Minor Risk Market cap is less than US$100m (RM71.0m market cap, or US$14.9m). Announcement • Oct 18
Kumpulan Jetson Berhad Appoints Yong Sie Hoong as Chief Financial Officer Kumpulan Jetson Berhad announced appointment of Mr. Yong Sie Hoong as chief financial officer. Date of change is 16 October 2023. Age: 48. Qualifications: Professional Qualification: Member of Malaysian Institute of Accountants (MIA), Malaysia. Professional Qualification: CPA Australia, Australia. Degree: Bachelors of Commerce (Accounting), Deakin University, Melbourne, Australia. Diploma, Diploma in Business, MSC-Syme Business School, Kuala Lumpur, Malaysia. Working experience and occupation: Mr. Yong Sie Hoong (Mr. Yong) is a member of the Malaysian Institute of Accountants (MIA) and CPA Australia. Mr. Yong has more than 25 years of financial accounting and reporting, business planning, corporate finance and business analytics experience. His working experience included exposure to organizations such as Deloitte Malaysia, KPMG Singapore and a multinational company. He also held various finance positions in the construction, telecommunication, information technology and manufacturing industries. Reported Earnings • Sep 01
Second quarter 2023 earnings released: RM0.001 loss per share (vs RM0.003 loss in 2Q 2022) Second quarter 2023 results: RM0.001 loss per share (improved from RM0.003 loss in 2Q 2022). Revenue: RM45.9m (down 7.6% from 2Q 2022). Net loss: RM196.0k (loss narrowed 78% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Aug 03
Kumpulan Jetson Berhad Announces the Resignation of Kington Tong Kum Loong as Director Kumpulan Jetson Berhad announced the resignation of Mr. Kington Tong Kum Loong, age 54 male, as Director and Non Independent and Non Executive, effective from August 1, 2023. Reason: To pursue other interest. Buying Opportunity • Jul 14
Now 22% undervalued Over the last 90 days, the stock is up 41%. The fair value is estimated to be RM0.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 13%. Announcement • Jun 17
Kumpulan Jetson Berhad Announces Redesignation of Datuk Dr Ong Ah Soon as Chairman Kumpulan Jetson Berhad announces redesignation of Datuk Dr Ong Ah Soon, 81, as Chairman from Independent Director. Date of change:-19 May 2023. Qualifications Bachelor of Medicine and Bachelor of Surgery (MBBS) University of Singapore. Master of Medicine in Internal MedicineUniversity of Singapore. Fellow of The Royal Australasian College of Physicians The Royal Australasian College of Physicians. Datuk Dr. Ong Ah Soon had worked in government hospitals from 1966 to 1977. He then commenced private practice as a Consultant Physician in Assunta Hospital in 1978, a position he holds until the present day. Buying Opportunity • Jun 13
Now 27% undervalued Over the last 90 days, the stock is up 65%. The fair value is estimated to be RM0.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 13%. Announcement • Jun 10
Kumpulan Jetson Berhad Announces Resignation of Dato' Foong Chee Meng, Independent and Non Executive Director Kumpulan Jetson Berhad announced the resignation of Dato' Foong Chee Meng, Independent and Non Executive Director, age 56, male. Date of change: June 08, 2023. Reason: Personal reason. Reported Earnings • May 20
First quarter 2023 earnings released: RM0.006 loss per share (vs RM0.004 loss in 1Q 2022) First quarter 2023 results: RM0.006 loss per share (further deteriorated from RM0.004 loss in 1Q 2022). Revenue: RM52.0m (up 19% from 1Q 2022). Net loss: RM1.57m (loss widened 47% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 17% per year and the company’s share price has also increased by 17% per year. Board Change • Apr 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent & Non-Executive Director Cheong Liang Hong was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 01
Full year 2022 earnings released: RM0.031 loss per share (vs RM0.029 loss in FY 2021) Full year 2022 results: RM0.031 loss per share (further deteriorated from RM0.029 loss in FY 2021). Revenue: RM195.5m (up 5.6% from FY 2021). Net loss: RM8.45m (loss widened 22% from FY 2021). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 18% per year. Reported Earnings • Nov 26
Third quarter 2022 earnings released: RM0.002 loss per share (vs RM0.01 loss in 3Q 2021) Third quarter 2022 results: RM0.002 loss per share (improved from RM0.01 loss in 3Q 2021). Revenue: RM54.2m (up 56% from 3Q 2021). Net loss: RM477.0k (loss narrowed 79% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 04
Kumpulan Jetson Berhad Announces Resignation of Mr. Lee Seng Yen as Chief Operating Officer Kumpulan Jetson Berhad announced resignation of Mr. Lee Seng Yen, 57-year-old, as Chief Operating Officer with effect from October 2, 2022 to pursue other personal goals and interests. 
