Zetrix AI Says Unremedied Covenant Breach Will Trigger Payment Default
Zetrix AI clarified that failure to remedy its Sukuk Wakalah covenant breach by October 22, 2026, will trigger a payment default. Outstanding principal totals RM 2 billion, with RM 164.5 million in coupons due on future dates. Sukukholders will be asked to waive the covenant if the breach remains unresolved within the