Zetrix AI unable to repay RM2 billion sukuk, expects 15% revenue drop from JPJ suspension
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Zetrix AI Bhd has announced its inability to repay the full RM2 billion outstanding under its sukuk programme. The company also anticipates a 15% revenue decline due to the suspension of its services as a collection agent for the Road Transport Department (JPJ). This financial difficulty highlights significant challenges for Zetrix AI in the near term.
Originally published by gnews