How did Zetrix AI address the rumours about its involvement?

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Zetrix AI Denies Any Association with Former Minister Saravanan Amidst Graft Charge Speculation

Zetrix AI Group Bhd has officially denied any involvement or association with former Human Resources Minister Datuk Seri M. Saravanan following speculation linking the company to graft charges. The company clarified in a Bursa Malaysia filing that it is not implicated in, nor associated in any way with, Saravanan concerning the charges related to the approval of foreign worker quotas. Zetrix AI stated there was no basis for the rumours and that it was unaware of any connection between the charges and the group's business affairs.
Clarification on Alleged Links

The company explicitly stated that it is not implicated in, nor associated in any way whatsoever with, Datuk Seri M. Saravanan in relation to the three charges of graft brought against him on August 28, 2026. These charges pertain to the approval of foreign worker quotas.
Absence of Basis for Rumours

Zetrix AI Group conveyed that there is no basis for the rumours or speculation that have circulated. Furthermore, the group indicated that it is not aware of any connection between the graft charges and the business and affairs of the company.
Trading Activity Explanation

Beyond the unfounded rumours, Zetrix AI confirmed it was not aware of any other possible explanation for the recent trading activity observed in its shares. The company noted that speculation linking it to Saravanan may have contributed to this trading volume.
Compliance with Disclosure Obligations

The company affirmed its adherence to Bursa Malaysia Securities Bhd’s Main Market Listing Requirements. Specifically, it highlighted compliance with Paragraph 9.03, which mandates immediate disclosure obligations for listed entities.

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How did Zetrix AI address the rumours about its involvement?

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