Jasa Kita agrees to sell bathroom products division to Jalin Kota for RM 12.9 million

PUBT · 3d ago
Jasa Kita agrees to sell bathroom products division to Jalin Kota for RM 12.9 million
  • Jasa Kita agreed to sell its entire stakes in GBH Bathroom Products and Crown Lynn to Jalin Kota.
  • GBH Bathroom Products will fetch RM 12.9 million, while Crown Lynn will be sold for RM 1.
  • The agreements were signed on November 12, 2026, with completion expected within 30 days.
  • The disposals will redirect capital and management resources toward the power business, reducing exposure to property-market cyclicality.
  • Estimated disposal losses and expenses total RM 293,499; proceeds will fund working capital within 12 months of receipt.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jasa Kita Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3723823) on November 12, 2026, and is solely responsible for the information contained therein.