Zetrix AI's Managing Director Sells Shares Ahead of Sukuk Covenant Deadline

Zetrix AI Bhd's managing director, Wong Thean Soon, has sold an additional 600,000 shares, lowering his stake to 1.887%. This sale complicates the company's efforts to address a breach of its RM2 billion sukuk covenant, which mandates that Wong remain the largest shareholder by the October 22 deadline.

Originally published by gnews