KJTS is trading at MYR 1.03, up +5.10%, as investor enthusiasm renews around four 20-year Thai hotel cooling agreements announced September 2, 2026.
- The agreements provide recurring operations, maintenance, and chilled-water revenue.
- Kenanga raised FY26 and FY27 earnings forecasts by 2% and 5%, respectively, and lifted its target price to RM1.60 from RM1.57.
- No newer September 17 company-specific filing was identified; the move appears to reflect continued contract-related re-rating.