Zetrix AI faces RM2bil sukuk covenant risk

efde29c87ddb403d248d3bc8b4e3b0d43211435f06170a8cccd298b2356c4da5

KUALA LUMPUR: Zetrix AI Bhd faces a potential covenant breach under its RM2 billion sukuk Wakalah after its managing director Wong Thean Soon ceased to be the company’s single largest shareholder following forced share sales by banks.

Comments

Leave a Reply

Discover more from UM LEGACY PRESS LTD

Subscribe now to keep reading and get access to the full archive.

Continue reading