Details on Margin Calls for Zetrix AI Co-founder Wong Thean Soon

Details on Margin Calls for Zetrix AI Co-founder Wong Thean Soon

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In September 2022, CGS International Securities Sdn Bhd provided a RM60 million margin trading facility to Wong Thean Soon, co-founder and largest shareholder of Zetrix AI Bhd. The facility included a price cap on Zetrix shares. This insight sheds light on the financial arrangements and margin calls involving Wong and Zetrix.

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Originally published by gnews