JETSON
Kumpulan Jetson Berhad
Company Background
Annual Report & CG Report - 2024 (Amended Announcement)
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE (I) PROPOSED REDUCTION OF THE ISSUED SHARE CAPITAL OF KUMPULAN JETSON BERHAD (JETSON) PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016; (II) PROPOSED PRIVATE PLACEMENT OF NEW ORDINARY SHARES IN JETSON REPRESENTING UP TO 40% OF THE TOTAL NUMBER OF ISSUED SHARES OF JETSON; (III) PROPOSED ACQUISITION BY JETSON OF 51.0% EQUITY INTEREST IN MAGICAL ERA (M) SDN BHD FROM DATO SRI BALJINDER SINGH A/L SURINDER SINGH FOR A TOTAL CONSIDERATION OF RM25.50 MILLION, TO BE SATISFIED VIA A COMBINATION OF CASH CONSIDERATION OF RM15.30 MILLION AND THE ISSUANCE OF 41,666,666 NEW ORDINARY SHARES IN JETSON (CONSIDERATION SHARE(S)) AT THE ISSUE PRICE OF RM0.2448 PER CONSIDERATION SHARE, AMOUNTING TO RM10.20 MILLION; AND (IV) PROPOSED ESTABLISHMENT OF AN EMPLOYEES SHARE OPTION SCHEME OF UP TO 15% OF THE TOTAL NUMBER OF ISSUED SHARES IN JETSON (EXCLUDING TREASURY SHARES, IF ANY) AT ANY POINT IN TIME DURING THE TENURE OF THE SCHEME FOR ELIGIBLE DIRECTORS AND EMPLOYEES OF JETSON AND ITS SUBSIDIARIES (EXCLUDING DORMANT SUBSIDIARIES) (COLLECTIVELY REFERRED TO AS THE PROPOSALS)
General Meetings: Notice of Meeting
MULTIPLE PROPOSALSKUMPULAN JETSON BERHAD ("JETSON" OR "COMPANY")
(I) PROPOSED SHARE CAPITAL REDUCTION;
(II) PROPOSED PRIVATE PLACEMENT;
(III) PROPOSED ACQUISITION; AND
(IV) PROPOSED ESOS.
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - DATUK TEH KIAN AN
Consolidated results for the financial period ended 31/03/2024
MATERIAL LITIGATIONKUMPULAN JETSON BERHAD ("JETSON" OR "COMPANY")
- ORIGINATING SUMMON AGAINST THE MEMBERS REQUISITIONING IN THE KUALA LUMPUR HIGH COURT ORIGINATING SUMMONS NO.: WA-24NCC-7-01/2024
MULTIPLE PROPOSALSKUMPULAN JETSON BERHAD ("JETSON" OR "COMPANY")
(I) PROPOSED SHARE CAPITAL REDUCTION;
(II) PROPOSED PRIVATE PLACEMENT;
(III) PROPOSED ACQUISITION; AND
(IV) PROPOSED ESOS
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
MULTIPLE PROPOSALSKUMPULAN JETSON BERHAD ("JETSON" OR "COMPANY")
(I) PROPOSED SHARE CAPITAL REDUCTION;
(II) PROPOSED PRIVATE PLACEMENT;
(III) PROPOSED ACQUISITION; AND
(IV) PROPOSED ESOS
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - DATUK TEH KIAN AN
MATERIAL LITIGATION (Amended Announcement)KUMPULAN JETSON BERHAD ("JETSON" OR THE "COMPANY")
- UPDATE ON THE NOTICE OF ARBITRATION FILED BY YDI SYNERGY SDN. BHD. AGAINST JETSON CONSTRUCTION SDN. BHD.
MATERIAL LITIGATIONKUMPULAN JETSON BERHAD ("JETSON" OR THE "COMPANY")
- UPDATE ON THE NOTICE OF ARBITRATION FILED BY YDI SYNERGY SDN. BHD. AGAINST JETSON CONSTRUCTION SDN. BHD.
MATERIAL LITIGATIONKUMPULAN JETSON BERHAD ("JETSON" OR "COMPANY")
- ORIGINATING SUMMONS IN THE HIGH COURT OF MALAYA AT KUALA LUMPUR NO. WA-24C-201-12/2023 IN THE MATTERS OF AN ADJUDICATION BETWEEN MERCU BINARAYA SDN. BHD. AND JETSON CONSTRUCTION SDN. BHD. (AIAC/D/ADJ-4673-2023)
MULTIPLE PROPOSALSKUMPULAN JETSON BERHAD ("JETSON" OR "COMPANY")
(I) PROPOSED SHARE CAPITAL REDUCTION;
(II) PROPOSED PRIVATE PLACEMENT;
(III) PROPOSED ACQUISITION; AND
(IV) PROPOSED ESOS.
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
$JETSON / 9083 (KUMPULAN JETSON BERHAD)
MATERIAL LITIGATIONKUMPULAN JETSON BERHAD ("JETSON" OR "COMPANY")
- NOTICE OF ARBITRATION ISSUED BY O&C MAKOK ISOLA SDN. BHD. ("OCMI") AGAINST JETSON CONSTRUCTION SDN. BHD. ("JCSB")
KUALA LUMPUR: A group of minority shareholders of Kumpulan Jetson Bhd led by Tee Chee Beng, has failed in their attempt to oust the current board of directors and replace them with new ones.
© New Straits Times Press (M) Bhd
General Meetings: Outcome of Meeting
KUALA LUMPUR: Manufacturing, construction and hostel management company Kumpulan Jetson Bhd’s shareholders will be going in blind to an extraordinary general meeting (EGM) to remove its current board of directors.
© New Straits Times Press (M) Bhd
WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATORKUMPULAN JETSON BERHAD ("JETSON" OR "COMPANY")
- WINDING-UP PETITION SERVED ON JETSON CONSTRUCTION SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY PURSUANT TO SECTION 465(1)(e) AND 466(1)(a) OF THE COMPANIES ACT 2016
MULTIPLE PROPOSALSKUMPULAN JETSON BERHAD ("JETSON" OR "COMPANY")
(I) PROPOSED SHARE CAPITAL REDUCTION;
(II) PROPOSED PRIVATE PLACEMENT;
(III) PROPOSED ACQUISITION; AND
(IV) PROPOSED ESOS.
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
MATERIAL LITIGATIONKUMPULAN JETSON BERHAD ("JETSON" OR "COMPANY")
- ORIGINATING SUMMON AGAINST THE MEMBERS REQUISITIONING IN THE KUALA LUMPUR HIGH COURT ORIGINATING SUMMONS NO.: WA-24NCC-7-01/2024
WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATORKUMPULAN JETSON BERHAD ("JETSON" OR "COMPANY")
- WINDING-UP PETITION SERVED ON JETSON CONSTRUCTION SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY PURSUANT TO SECTION 465(1)(e) AND 466(1)(a) OF THE COMPANIES ACT 2016
Consolidated results for the financial period ended 31/12/2023
General Meetings: Notice of Meeting
Titan Trading Notes For Tuesday [13/2/2024]:
$KLSE-KLCI closed slightly red around the 1512 points region but our overall market sentiment was quite positive despite daily trading volume merely settling around the 1.86 billion range as we break for CNY.
Main stocks that showed strong buying momentum would be the likes of CTOS, DATAPRP, DNEX, E&O, EPICON, IWCITY, JETSON, MINETEC, MYEG, and PERDANA. All of which were able to sustain their rallies throughout the day on the top volumes list.
EPICON without a doubt was one of the best performers during last Friday as it was able to breakout all the way towards the RM 0.42 regions with good volume and buying momentum, even closing on its intraday high here.
This came after it briefly retest its RM 0.35 - RM 0.36+ major support levels over the past week and was already able to stage such a huge breakout. For now, as long as able to hold above its RM 0.40 immediate support, could breakout further towards its RM 0.44 - RM 0.45+ major resistance levels soon.
Will be monitoring EPICON closely here. Congratulations to those of you that earned a fat profit from EPICON as per my latest trading plans. Will continue to hang on to it to see how far it can go here.
$JETSON / 9083 (KUMPULAN JETSON BERHAD) on the other hand also seems to have broken out strong from its RM 0.28+ main downtrend resistance with good volume and buying momentum here.
So far looking pretty strong as been able to close on its intraday high at RM 0.30 here. As long as able to sustain, could breakout back towards the RM 0.34+ major resistance levels soon for an uptrend continuation pattern.
Will be monitoring JETSON closely here for a quick trading opportunity.
CLOUDPT after retracing over the past 6 months, was finally able to breakout from its RM 0.54+ main downtrend resistance with good volume and buying momentum here.
For now looking quite strong here and as long as able to hold above its RM 0.54+ support, could continue on an uptrend towards and beyond the RM 0.60+ major resistance levels soon in the coming weeks.
Will be monitoring CLOUDPT closely here
KUALA LUMPUR: A group of minority shareholders who claim to own more than 10 per cent in Kumpulan Jetson Bhd has made a second bid to remove the company’s board of directors.
© New Straits Times Press (M) Bhd
OTHERSKUMPULAN JETSON BERHAD (JETSON OR THE COMPANY)
1. NOTICE OF REQUISITION FOR AN EXTRAORDINARY GENERAL MEETING OF THE COMPANY
2. SPECIAL NOTICE RELATING TO RESOLUTIONS TO REMOVE DIRECTORS AND TO APPOINT FURTHER DIRECTORS TO THE BOARD
Change in Financial Year End
MULTIPLE PROPOSALSKUMPULAN JETSON BERHAD ("JETSON" OR "COMPANY")
(I) PROPOSED SHARE CAPITAL REDUCTION;
(II) PROPOSED PRIVATE PLACEMENT;
(III) PROPOSED ACQUISITION; AND
(IV) PROPOSED ESOS.
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")