{
  "id": 11352482,
  "title": "Jasa Kita eyes bigger KT System contribution",
  "url": "https://urgent.news/2026/10/02/jasa-kita-eyes-bigger-kt-system-contribution",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-02T04:21:21.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/corporate/2026/10/1546048/jasa-kita-eyes-bigger-kt-system-contribution"
  },
  "original_language": "en",
  "account": "Jasa Kita Bhd aims to grow KT System Sdn Bhd into a more lucrative and recurring source of revenue as the company capitalizes on the increasing investment in Malaysia's power infrastructure. The company aims to expand KT System's high-voltage testing, commissioning, and protection expertise while increasing recurring inspection and maintenance services, according to Datuk Seri Iskandar Mizal Mahmood, Jasa Kita's group managing director. This strategic move is part of Jasa Kita's plan to diversify away from its traditional industrial distribution businesses, with potential growth opportunities in power generation, grid infrastructure, data centers, and renewable energy. Iskandar estimates that the broader Malaysian power infrastructure market is valued at between RM40 billion and RM50 billion annually, with testing, protection, and specialist engineering services representing an addressable market of roughly RM600 million to RM2 billion per year. The acquisition of KT System, completed on July 31, 2025, is expected to provide Jasa Kita with an established technical platform, enabling the group to enter the power infrastructure and utilities sector without having to build capabilities from scratch.",
  "summary": "KUALA LUMPUR: Jasa Kita Bhd wants to turn newly acquired KT System Sdn Bhd into a bigger and more recurring contributor to earnings as it taps rising investment in Malaysia’s power infrastructure.",
  "key_points": [
    "Jasa Kita aims to increase KT System's revenue through expanded services.",
    "Strategic shift targets power infrastructure, grid, data centers, renewable energy.",
    "KT System acquisition valued at RM40 billion to RM50 billion annually."
  ],
  "editors_take": "Jasa Kita's acquisition of KT System positions the company to tap into Malaysia's multi-billion-ringgit power infrastructure market, diversifying its revenue streams away from traditional industrial distribution businesses.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}