ZETRIX

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ANNOUNCEMENT DATED 16 OCTOBER 2026 ENTITLED "POTENTIAL BREACH OF COVENANT UNDER THE ISLAMIC MEDIUM TERM NOTES ("SUKUK WAKALAH") PROGRAMME OF UP TO RM2.0 BILLION IN NOMINAL VALUE"

ZETRIX AI BERHAD

Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-16102026-00001
Subject ANNOUNCEMENT DATED 16 OCTOBER 2026 ENTITLED "POTENTIAL BREACH OF COVENANT UNDER THE ISLAMIC MEDIUM TERM NOTES ("SUKUK WAKALAH") PROGRAMME OF UP TO RM2.0 BILLION IN NOMINAL VALUE"
Description 
ZETRIX AI BERHAD ("ZETRIX AI" OR "THE COMPANY") - ANNOUNCEMENT DATED 16 OCTOBER 2026 ENTITLED "POTENTIAL BREACH OF COVENANT UNDER THE ISLAMIC MEDIUM TERM NOTES ("SUKUK WAKALAH") PROGRAMME OF UP TO RM2.0 BILLION IN NOMINAL VALUE" - ADDITIONAL INFORMATION
Query Letter Contents

We refer to Zetrix AI Berhad's (the "Company") announcement dated 16 October 2026 in respect of the aforesaid matter.

 

In this connection, kindly furnish Bursa Malaysia Securities Berhad ("Bursa Securities") with the following additional information for public release:

 

1. To state the outstanding amount of the Sukuk Wakalah.

 

2. To state, pursuant to the terms of the Sukuk Wakalah Programme, the implications of the breach of the said covenant.

 

3. To state if the Company will trigger a payment default in the event that the breach is not remedied.

 

4. To state the financial and operational/business impact of the breach on the Company.

 

5. To provide more details and further elaborate on the following sentence- "Should the Company fail to remedy the breach of above by 22 October 2026, the consent and instructions or direction of the Sukukholders will be sought via an Extraordinary Resolution of Sukukholders."

 

Please furnish Bursa Securities with the Company's reply by today, 16 October 2026.

 

Yours faithfully

 

Listing

Group Regulation

cc:-    Market Surveillance, Securities Commission

Reference is made to the announcement dated 16 October 2026 entitled "Potential Breach of Covenant Under The Islamic Medium Term Notes ("Sukuk Wakalah") Programme of up to RM2.0 Billion in Nominal Value" ("Announcement")

 

(Unless otherwise stated, all abbreviations and definitions used herein shall have the same meaning as those used in the Announcement.)

 

The Board of Directors of Zetrix AI wishes to announce the additional information in relation to the potential breach of covenant under Sukuk Wakalah Programme.

 

Please refer to the attachment for the details of the announcement. 

 

 

Please refer attachment below.

Attachments

Zetrix AI - Potential Breach of Covenant (Add Info).pdf
323.1 kB


Announcement Info

Company Name ZETRIX AI BERHAD
Stock Name ZETRIX
Date Announced 16 Oct 2026
Category General Announcement for PLC
Reference Number GA1-16102026-00060


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