KUALA LUMPUR, Oct 16 (Bernama) -- Zetrix AI Bhd has been given until Oct 22, 2026, to remedy a breach of covenant under its Sukuk Wakalah, failing which a payment default will be triggered.
Business : Zetrix AI Given Until Oct 22 To Remedy Sukuk Breach Or Face Payment Default
Zetrix AI, sukuk wakalah, Bursa Malaysia
BE Bernama 
Key takeaways
Zetrix AI has until Oct 22, 2026, to fix a Sukuk breach or face payment default, risking acceleration of debt.
- Zetrix AI has until Oct 22, 2026, to resolve a Sukuk breach.
- RM164.5 million in coupons and RM2.0 billion in principal are due.
- Failure to resolve may trigger a dissolution event and debt acceleration.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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Related reporting
5 stories on this topic from 4 sources, oldest first.
- Free Malaysia Today Zetrix AI given until Oct 22 to fix potential sukuk covenant breach
- Berita Harian Zetrix AI berpotensi langgar syarat sukuk
- Bernama Business : Zetrix AI Given Until Oct 22 To Remedy Sukuk Breach Or Face Payment Default (this story)
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