{
  "id": 5024046,
  "title": "Zetrix AI buys 50pct of Philippines-based MYEG Ventures for RM130mil",
  "url": "https://urgent.news/2026/09/02/zetrix-ai-buys-50pct-of-philippines-based-myeg-ventures-for-rm130mil",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-02T05:42:10.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/corporate/2026/09/1524142/zetrix-ai-buys-50pct-philippines-based-myeg-ventures-rm130mil"
  },
  "original_language": "en",
  "account": null,
  "summary": "Zetrix AI Bhd has announced its acquisition of a 50% stake in Philippines-based MYEG Ventures Inc for RM130 million, which will transform MYEG Philippines Inc into its subsidiary. The technology company entered into a share purchase agreement with British Virgin Islands-based Next Lion Ltd on September 1 to acquire 15.25 million shares in MYEG Ventures. Upon completion, MYEG Philippines will become a subsidiary of Zetrix AI, strengthening the group's strategic direction and supporting its expansion into the Philippine market. The acquisition is expected to be finalized within three months, subject to the fulfillment of all conditions precedent.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}