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Jati Tinggi Group Berhad (Malaysia)

Main Activities: Electrical Contractors and Other Wiring Installation Contractors
Full name: Jati Tinggi Group Berhad Profile Updated: July 22, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The Company was incorporated in Malaysia on 21 December 2021, as a private limited liability company and is principally engaged in investment holding. The Company was subsequently converted to a public company limited by shares on 7 October 2022.
The Company s principal activity is investment holding. Through our subsidiary, we are predominantly involved in the provision of infrastructure utilities engineering solutions.
2005 - The company secured a project for the construction and completion of street lighting works and other associated works for Kuala Lumpur-Putrajaya Expressway (now known as Maju Expressway) with a contract value of RM1.39 million. The company completed the project in 2006.
2006 - The company secured our first distribution project i.e., a project to undertake 11kV underground cable installation works for a substation feeder in Presint 7, Putrajaya with a contract value of RM44,930. The company completed the project in the same year.
2007 - The company secured a project to undertake milling and paving works for the reinstatement of cable trenches in Petaling Jaya, Selangor with a contract value of RM428,352. The company completed the project in the same year. The company secured a project for the 33kV underground cable installation, testing and commissioning project at SPKK Cheras substation to Atma substation, Kuala Lumpur with a contract value of RM4.43 million. The company completed the project in 2008.
2008 - To support the growth of our business, the company relocated from a rented office at Lot 2, Off Jalan Balakong, Batu 11, Cheras, Selangor to a larger rented office at 51-2, Jalan Temenggung 3/9, Bandar Makhota Cheras, Cheras, Selangor
2009 - The company secured a project for water pipe relocation works at Gunung Semanggul, Taiping, Perak in relation to the Ipoh-Padang Besar Electrified Double Track Project with a contract value of RM85,300. The company completed the project in the same year.
2010 - The company secured a project to undertake substation and power cable relocation works for the proposed development of a new low-cost carrier terminal and associated works at Kuala Lumpur International Airport with a contract value of RM2.94 million. We completed the project in 2011. The company secured a project to undertake civil infrastructure and fibre optic cabling system works from the Seri Kembangan mobile switching centre to Sungai Rasau, Seri Kembangan, Selangor for a mobile network service provider with a contract value of RM2.15 million. The company completed the project in 2011.
2013 - The company secured a project to undertake relocation works of existing power supply cables and associated works from Pasar Rakyat station in relation to the Klang Valley Mass Rapid Transit (“MRT”) Kajang Line Project with a contract value of RM835,522. The company completed the project in the same year. The company secured a project to undertake design and build and for underground utilities services relocation works for the Penang Second Bridge and highway upgrading works at the Tun Dr Lim Chong Eu Expressway with a contract value of RM17.39 million. The company completed the project in 2019.
2014 - The company secured a project for underground utilities piloting works in relation to the MRT Sungai Buloh-Serdang-Putrajaya Line (now known as MRT Putrajaya Line) Project with a contract value of RM5.37 million. The company completed the project in 2015.
2015 - The company secured a project to undertake construction and maintenance of an outside plant in Alur Limbat, Marang, Terengganu for a mobile network service provider with a contract value of RM1.14 million. The company completed the project in the same year. Further, we secured another project for underground utilities piloting works in relation to the MRT Sungai Buloh-Serdang-Putrajaya Line (now known as MRT Putrajaya Line) Project with a contract value of RM4.10 million. The company completed the project in 2016.
2016 - The company secured our first transmission project i.e., a 132kV underground cable project from Pasir Gudang Industrial Estate substation to Kota Masai substation with a contract value of RM17.03 million. We completed the project in 2017. The company secured our first 275kV underground cable project involving relocation works for 132kV and 275kV oil-filled cables and other associated works for the subway station entrance and station box at Hospital Kuala Lumpur station in relation to the MRT Sungai Buloh-Serdang-Putrajaya Line (now known as MRT Putrajaya Line) Project with a contract value of RM3.82 million. We completed the project in 2017. The company further developed and launched our site management system mobile application to facilitate our project management and also upgraded our ERP system to web version in 2016.
2017 - The company secured a project to undertake installation, testing and commissioning of 33kV underground cables and accessories from Tanjung Gemok substation, Pahang to Endau substation, Johor involving HDD works with a contract value of RM22,169.35. The company completed this project in 2018.
2018 - The company secured our first sewerage project for the proposed construction of five 38-storey apartment blocks and 23 four-storey shop lot units at Ulu Klang, Gombak, Selangor with a contract value of RM1.19 million. We
completed the project in 2021. The company relocated to a larger rented business premises at 23 25, Jalan Temenggung 13/9, Seksyen 9, Bandar Mahkota Cheras, Seksyen 9, Cheras, Selangor, which serves as our present head office.
2019 - The company secured the Danga Bay Project for a contract value of RM77.24 million. The project is 93.67 completed as at the LPD and is expected to be completed by the second quarter of 2024. On 31 July 2019, JTSB assumed its present name of JTHSB. The company secured two projects to supply, install, test and commission battery banks for protection automation units of power substations in Selangor and Kuala Lumpur with a total contract value of RM2.02 million. The company completed these projects in 2021. The company secured the Farlim Project with a total contract value of RM165.31 million. The project is 95.93 completed as at the LPD and is expected to be completed by the second quarter of 2024.
The company began utilising a customised InfraMap platform to store 3D coordinates and as-built drawings of underground utilities in relation to underground utilities projects in which we have participated. The company acquired the utility mapping system in FYE 2020.
2020 - The company secured a project for the EPCC of a 33/11kV electrical substation in Puchong, Selangor using prefabricated formwork system with a contract value of RM3.68 million. We completed the project in May 2022. The company secured a project to undertake cable tunnel construction works for the 275kV and 132kV underground cable route into Prince Court substation with a contract value of RM60.45 million. The project is 15.88 completed as at the LPD and is expected to be completed by the second quarter of 2025.
2021 - The company secured our first 500kV transmission line project from Pulau Indah power plant to Olak Lempit substation with a contract value of RM8.97 million. The project is 99.89 completed as at the LPD and is expected to be completed by the fourth quarter of 2023.
2022 - JTHSB was certified compliant with ISO 9001:2015 by Intertek Certification Limited (an ISO accredited certification body that is based in the United Kingdom) for the provision of electrical and telecommunication cabling, building of infrastructure (road and tunnelling) and related civil engineering works
2023 - The company secured a project to undertake the installation of 132kV underground cables and fibre optic cables from Batu Berendam substation, Melaka to Texas Instrument Electronics Malaysia substation, Melaka with a contract value of RM22.95 million. The project is 9.37 completed as at the LPD and is expected to be completed by the fourth quarter of 2024. The company secured a project to undertake 11kV cable pipeline construction works and electrical works for electricity distribution in Putrajaya with a contract value of RM4.28 million. The project is 31.31 completed as at the LPD and is expected to be completed by the first quarter of 2024.

Headquarters
No 23 25, Jalan Temenggung 13/9, Bandar Mahkota Cheras, Seksyen 9
Cheras; Selangor; Postal Code: 43200

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Website: http://www.jatitinggi.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2021
Key Executives
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Chairman
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Chief Financial Officer
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Chief Operating Officer
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Managing Director
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Secretary
Ownership Details
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13.78%
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4.59%
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4.59%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MYR. Absolute financial data is included in the purchased report.
Net sales revenue
38.11%
Total operating revenue
37.9%
Operating profit (EBIT)
-36.44%
EBITDA
-34.44%
Net Profit (Loss) for the Period
281.35%
Total assets
15.73%
Total equity
72.28%
Operating Profit Margin (ROS)
-5.84%
Net Profit Margin
8%
Return on Equity (ROE)
6.83%
Debt to Equity Ratio
-62.31%
Quick Ratio
0.55%
Cash Ratio
0.3%

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