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PG Doraisamy becomes substantial shareholder in Kumpulan Jetson

His direct interest reached 5.13 per cent after an open-market purchase of 553,700 shares on Oct 26.

By Maya Santos

Illustration of share certificates and a financial trading screen
Photo: New Straits Times

PG Doraisamy P Gopal has become a substantial shareholder in Kumpulan Jetson Bhd, with a direct holding of 5.13 per cent. He previously participated in a shareholder effort to replace the Malaysian company's board.

Kumpulan Jetson told Bursa Malaysia that Doraisamy's holding stood at 23.53 million shares after he bought 553,700 shares on the open market on Oct 26. The holding is registered through CGS International Nominees Malaysia (Tempatan) Sdn Bhd in Doraisamy's pledged securities account.

In April 2025, Doraisamy joined Yudishthiran Doraisamy, Dhayalini PG Doraisamy, Wong Hong Yuk and Teoh Cheng Fang in seeking the removal and replacement of Jetson's then directors. Five nominees put forward by that shareholder group were subsequently appointed to the board in September 2025.

MyBursa lists Yudishthiran's stake at 3.68 per cent and Dhayalini's at 3.65 per cent. Including Doraisamy's interest, their combined holding amounts to 12.46 per cent.

Executive deputy chairman Datuk Seri Baljinder Singh remains Jetson's biggest shareholder, holding 13.45 per cent. Jetson operates in manufacturing, construction, property development and hostel management.

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