TS Wong sells RM3.68 million in Zetrix AI shares
The managing director’s combined interest fell to 10.602% from 10.97%, while his direct stake remained unchanged.
A Sept 30 share sale by Zetrix AI Bhd managing director Wong Thean Soon involved 22.73 million shares priced at 16.2 sen each, filings showed. The disposal, made through his investment vehicle Asia Internet Holdings Sdn Bhd, had an estimated value of RM3.68 million.
Wong, known as TS Wong, now holds 837.37 million shares across his direct and indirect interests. His direct ownership stayed at 6.107%, with an indirect interest of 4.495% bringing the combined stake to 10.602%, compared with 10.97% previously.
Wong had held 29.49% before disposals that began on Aug 27. A separate sale of 57 million shares on Sept 22 reduced Asia Internet Holdings’ ownership from 5.53% to 4.87%, ending its status as a substantial shareholder.
Separately, Zetrix AI said eligible shareholders had received its delayed final dividend, amounting to 2.89 sen per share and covering the financial year ended Dec 31, 2025. Originally due on Sept 18, payment was deferred twice after an unnamed substantial shareholder secured an ad-interim injunction at the Kuala Lumpur High Court. Payments linked to certain affected accounts remain withheld pending the case’s resolution.
The company also reported the resignation of external auditor TGS TW PLT, which cited portfolio rationalisation and resource management. Zetrix AI said a replacement auditor would be announced.
Zetrix AI and IPVG Employees Inc also agreed to move the completion deadline for the acquisition of a 50% interest in Philippines-based MyEG Ventures to the fourth quarter’s end.
At the Oct 1 market close, Zetrix AI traded at 16.5 sen after rising half a sen, or 3.1%. Its market value stood at RM1.33 billion.
