Zetrix AI reprimanded, directors fined


PETALING JAYA: Zetrix AI Bhd (formerly known as MyEG Services Bhd) and seven of its directors have been publicly reprimanded by Bursa Malaysia for breaching the Bursa Malaysia Securities Main Market Listing Requirements.

In a statement, Bursa Malaysia said the reprimand was issued due to the company’s failure to ensure that several of its announcements were factual, accurate, and not false or misleading.

The company was also found to have breached a directive by failing to comply with Bursa Malaysia Securities’ instruction dated Aug 15, 2023, to issue an immediate clarification on an earlier announcement made on July 7, 2023. The clarification was due by Aug 16, 2023.

Seven directors – managing director Wong Thean Soon, executive chairman Datuk Norraesah Mohamad, and directors Datuk Mohd Jimmy Wong Abdullah, Wong Kok Chau, Datuk Seri Mohd Mokhtar Mohd Shariff, Datuk Mohd Jeffrey Joakim and Mohaini Mohd Yusof – were each fined RM150,000.

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Zetrix AI , MYEG , Bursa Malaysia , reprimand , fine , breach , listing

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