PG Doraisamy emerges as substantial shareholder in Kumpulan Jetson
KUALA LUMPUR: PG Doraisamy P Gopal, who was involved in an earlier attempt to overhaul Kumpulan Jetson Bhd's board of directors, has emerged as a substantial shareholder of the company with a 5.13 per cent direct stake.
Kuala Lumpur: Former board member PG Doraisamy P Gopal has become a significant shareholder in Kumpulan Jetson Bhd, holding a 5.13 percent direct stake following the acquisition of 553,700 shares in an open-market transaction on October 26. The shares, registered under CGS International Nominees Malaysia (Tempatan) Sdn Bhd, are held in a pledged securities account belonging to Doraisamy.
Doraisamy is one of five shareholders who attempted to remove the company's previous board of directors and appoint new members in April 2025. This initiative resulted in the appointment of five directors nominated by the shareholder group in September of the same year. Along with Yudishthiran and Dhayalini Doraisamy, who hold 3.68 percent and 3.65 percent of Jetson, respectively, the three individuals together possess a combined 12.46 percent stake in the company.
The largest shareholder of Kumpulan Jetson is executive deputy chairman Datuk Seri Baljinder Singh, who owns 13.45 percent of the company. Kumpulan Jetson is engaged in manufacturing, construction, property development, and hostel management.
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