Bursa directed Zetrix AI to address 2025 dividend non-payment, disclose material information
KUALA LUMPUR: Bursa Malaysia has directed Zetrix AI Bhd to address the non-payment of its 2025 final dividend by Nov 23, and disclose material information by Nov 11, to address several issues.
On November 6, Bursa Malaysia, the stock exchange of Malaysia, alerted Zetrix AI Bhd to address three issues by specific dates. Firstly, they demanded the company pay its 2025 final dividend by November 23, 2026. Secondly, Zetrix AI was instructed to disclose any material information by November 11, 2026. Lastly, Bursa Malaysia expressed concerns over the company's financial position, its failure to pay certain dues, the resignation of independent directors and external auditors, and the impact of a suspension as RTD's collection agent.
The exchange emphasized the importance of thorough examination of all facts, careful assessment of evidence, and adherence to procedural requirements before taking enforcement action. Bursa Malaysia reiterated its commitment to maintaining market integrity, upholding high standards of corporate governance, and preserving investor confidence.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
