Zetrix AI denies any link to ex-minister Saravanan after graft charges
KUALA LUMPUR, Aug 28 — Zetrix AI Group Bhd has denied any involvement or association with the former Human Resourc...
KUALA LUMPUR, Aug 28 - Zetrix AI Group Bhd has firmly denied any connection to the former Human Resources Minister, Datuk Seri M. Saravanan, amidst allegations of corruption. The company's statement, filed with Bursa Malaysia, asserts that it understands unfounded rumors or speculation linking it to Saravanan may have influenced its share trading.
As of the trading day, Zetrix AI's stock closed at 59.5 sen, with 1.05 billion shares exchanged. The company emphasizes that it maintains no association with the three corruption charges filed against Saravanan on August 28, 2026, at the Sessions Court. It clarifies that there is no basis for these rumors or speculation and explicitly states it is unaware of any link between the charges and the company's operations.
Apart from addressing the rumors, the company also confirms its adherence to Bursa Malaysia Securities Bhd’s Main Market Listing Requirements, especially Paragraph 9.03 on the prompt disclosure of material information.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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