Did Zetrix AI directly confirm its non-involvement with Saravanan?

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Zetrix AI Group Bhd Denies Direct Involvement With Former Minister Saravanan

Zetrix AI Group Bhd has categorically denied any involvement or association with former Human Resources Minister Datuk Seri M. Saravanan, specifically in relation to the graft charges brought against him. The company issued a clear statement to Bursa Malaysia, refuting any basis for rumours or speculation that linked it to Saravanan and the charges concerning the approval of foreign worker quotas.
Explicit Statement of Non-Association

Zetrix AI explicitly stated in its filing that it is not implicated in, nor associated in any way whatsoever with, Datuk Seri M. Saravanan concerning the three charges of graft presented against him on August 28, 2026. The company found no foundation for the rumours or speculation that sought to connect it to the former minister and the legal proceedings.
Addressing Market Speculation

The company acknowledged that unfounded rumours or speculation linking Zetrix AI to Saravanan may have influenced the recent trading activity in its shares. It noted that 1.05 billion shares were traded, with the company's stock closing at 59.5 sen. Zetrix AI indicated it was not aware of any connection between Saravanan's charges and the group's business operations.
Compliance with Listing Requirements

Zetrix AI confirmed its adherence to Bursa Malaysia Securities Bhd’s Main Market Listing Requirements, specifically Paragraph 9.03, which mandates immediate disclosure obligations. This confirmation underscores the company's commitment to transparency and timely communication with the market regarding material information.

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Did Zetrix AI directly confirm its non-involvement with Saravanan?

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