2 days ago
- Business
- New Straits Times
Zetrix AI to seek judicial review of Bursa reprimand
KUALA LUMPUR: Zetrix AI Bhd, formerly known as MYEG Services Bhd, said it will seek a judicial review of the public reprimand issued by Bursa Malaysia Securities Bhd after consulting with its lawyers.
Zetrix AI said this in a filing with Bursa Malaysia today.
Yesterday, Bursa Malaysia Securities 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 non-independent non-executive 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.
In a separate filing today, Zetrix AI said the trading of its securities was halted from 9am to 10am. Its share price closed at 98.5 sen yesterday. –BERNAMA
