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Do you know ?
As at Jan 2020, there are 931 listed companies in Bursa Malaysia, but only 170 of them have market capitalisation above RM1 billion.
Market Capitalization Number Cumulative 
More than 10 billion 36 36
Between 5 billion to 10 bilion 23 59
Between 2 billion to 5 bilion 57 116
Between 1 billion to 2 bilion 54 170
Less Than 1 billion 761 931
 
At RM1.54, Jaks' market capitization is RM1.003 billion. In Bursa Malaysia, it is ranked 170th in term of market capitalization.
For information purposes, MFCB and YTLPOWER have current market capitalization of 2.38 billion and 5.87 billion respectively.

What is Market Capitalization ? - Investopedia

Market capitalization refers to the total dollar market value of a company's outstanding shares of stock. Commonly referred to as "market cap," it is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share. As an example, a company with 10 million shares selling for $100 each would have a market cap of $1 billion. The investment community uses this figure to determine a company's size, as opposed to using sales or total asset figures.

Why is market capitalization of over a billion important to Jaks ?

"The main goal of all mutual fund managers is to generate returns. However, the type of fund and the investment objectives of its shareholders are the primary factors determining how each manager picks the stocks in his fund's portfolio. Complicating matters further, each of the above fund types can be specialized to account for the risk tolerance, beliefs or market outlook of shareholders. For example, some funds invest only in companies with certain market caps, those in certain industries or those with specific corporate values or practices, such as funds that do not invest in so-called "sin stocks" such as alcohol and tobacco." - Investopedia
In other words, market capitalization is an important consideration factor to fund managers. Certain funds are mandated to only invest in companies above certain market capitalization. eg. over a billion.
 
Conclusion:
Being the largest 170 companies in Bursa malaysia in term of market capitalization, Jaks will be on the radar screen of most, if not all, fund managers investing in Malaysia including foreign funds.
 
DK66

https://klse.i3investor.com/blogs/Jaks%20resources/2020-02-22-story-h1483912636-Jaks_Resources_Ranked_170th_In_Market_Capitalisation.jsp
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