Zetrix AI to seek judicial review of Bursa reprimand 


On Monday, Bursa Malaysia publicly reprimanded Zetrix AI and imposed a fine of RM150,000 on each of its seven directors.

KUALA LUMPUR: Zetrix AI Bhd, formerly known as MyEG Services Bhd, says it will seek a judicial review of the public reprimand issued by Bursa Malaysia after consulting with its lawyers.

Zetrix AI said this in a filing with Bursa Malaysia yesterday.

On Monday, Bursa Malaysia publicly reprimanded Zetrix AI and imposed a fine of RM150,000 on each of its seven directors over misleading announcements and non-compliance with a regulatory directive.

The reprimanded directors include the company’s group managing director, Wong Thean Soon, executive chairman Datuk Dr Norraesah Mohamad and director Datuk Mohd Jimmy Wong Abdullah.

Also reprimanded and fined were independent non-executive directors Wong Kok Chau, Datuk Seri Mohd Mokhtar Mohd Shariff, Datuk Mohd Jeffrey Joakim and Mohaini Mohd Yusof.

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