Urgent.News

What's breaking now, across thousands of outlets.

Business

Zetrix AI submits settlement proposal after JPJ services suspended over RM314m arrears

Zetrix AI submits settlement proposal after JPJ services suspended over RM314m arrears

Zetrix AI Berhad has submitted a proposal to the Malaysian government to address outstanding remittances after authorities suspended its Road Transport Department (JPJ) collection services over RM314 million in unpaid government revenue. The company stated that resolving the outstanding obligations was its immediate priority, while efforts to restore the affected services would be subject to the relevant approvals.

Transport Minister Anthony Loke confirmed that MYEG Group, comprising MYEG and Zetrix AI, had failed to remit the RM314 million in government revenue collected between May 19 and September 30, leading to the suspension of their services as government revenue collection agents.

Brief written by urgent.news from Malay Mail's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at malaymail.com →

More in Business

More from Tuesday 6 October →