Zetrix AI faces query over RM314 million debt claim from Road Transport Dept
Zetrix AI Berhad is responding to Bursa Malaysia's query regarding a media report that the company owes the Road Transport Department (RTD) RM314 million for unremitted collections between May and September. The stock exchange is seeking confirmation and clarification on whether the alleged arrears have been recognized in the company's financial statements.
Clarification On News Article Appearing In The Online Portal Zetrix Ai Berhad Type Reply to Query Reply to Bursa Malaysia's Query Letter — Reference ID IQL-07102026-00001 Subject CLARIFICATION ON NEWS ARTICLE APPEARING IN THE ONLINE PORTAL Description ZETRIX AI BERHAD ("ZETRIX AI" OR "THE COMPANY") — CLARIFICATION ON NEWS ARTICLE APPEARING IN THE ONLINE PORTAL — ADDITIONAL INFORMATION Query Letter Contents We refer to Zetrix AI Berhad's ("Zetrix" or the "Company") announcement dated 6 October 2026 ("Announcement") 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. It is stated in the article entitled "Zetrix owes JPJ RM314m from May to September this year, says Loke" that "Zetrix owes the Road Transport Department some RM314 million as it failed to remit collections from May to September this year". In this respect, a) Please confirm this statement. Otherwise, to state the actual unpaid arrears being claimed by the Road Transport Department ("RTD").
b) Please clarify if the amount has been recognised in the Company's financial statements. 2. To state the expected time frame to resolve the issue under the proposed solution framework. 3.
The Company represented in Item 6 of the Announcement that "The impact of the suspension will be the temporary cessation of the contribution from the RTD services to the Group's revenue and profits for the fourth quarter of the financial year ending 31 December 2026". In this respect, please elaborate further on this statement. Please furnish Bursa Securities with the Company's reply by today, 7 October 2026. Yours faithfully Listing Group Regulation cc:- Market Surveillance, Securities Commission Reference is made to the announcement dated 6 October 2026 entitled 'Clarification on News Article Appearing in the Online Portal' 1.
media article entitled "Transport Ministry confirms to The Edge that Zetrix AI owes JPJ over RM200 mil" appearing in the The Edge Malaysia on 2 October; 2. media article entitled "JPJ suspends MYEG Group's services as collection agent from Oct 5" appearing in the Edge Malaysia on 5 October 2026 3. media article entitled " Zetrix owes JPJ RM314m from May to September this year, says Loke" appearing in the The Edge Malaysia on 5 October 2026; and 4. announcement dated 05 October 2026 in relation to the Clarification on the News Article Appeared in Online Portal of The Edge Malaysia ("Announcement").
5. announcement dated 06 October 2026 in relation to the Clarification on the News Article Appeared in Online Portal ("Announcement"). ) The Board of Directors of Zetrix AI wishes to announce the additional information in relation to the Clarification on News Article appearing in the Online Portal. Please refer to the attachment for the details of the announcement.
Please refer attachment below. 3 kB Announcement Info Company Name ZETRIX AI BERHAD Stock Name ZETRIX Date Announced 07 Oct 2026 Category General Announcement for PLC Reference Number GA1-07102026-00097 Double click on the URL below to view the article. Please note that internet access is required. pdf