KUALA LUMPUR, Oct 23 (Bernama) -- Zetrix AI Bhd has announced in a Bursa Malaysia filing the redesignation of Datuk Dr Norraesah Mohamad as its non-independent and non-executive chairman from her previous role as executive chairman effective today.
Business : Zetrix AI Redesignates Norraesah As Non-executive Chairman
Zetrix AI, Norraesah, redesignation, chairman
BE Bernama 
Key takeaways
Zetrix AI Bhd redesignated Datuk Dr Norraesah Mohamad as non-executive chairman, coinciding with a 50 percent surge in its share price. The company also reported that no resolution was reached regarding a potential covenant breach in its sukuk programme.
- Datuk Dr Norraesah Mohamad transitioned from executive to non-independent, non-executive chairman effective October 23.
- Zetrix AI shares rose 50 percent to 0.075 sen, with trading volume reaching 392.8 million units.
- No resolution was reached at the sukuk holders' meeting concerning a potential covenant breach.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
Also reported by New Straits Times , Malay Mail
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Related reporting
4 stories on this topic from 4 sources, oldest first.
- New Straits Times Zetrix AI redesignates Norraesah from executive chairman to chairman
- Bernama Business : Zetrix AI Redesignates Norraesah As Non-executive Chairman (this story)
