TS Wong could seek legal recourse over issues at Zetrix
TS Wong, managing director of Zetrix AI, is planning legal action following a collapse in the company's share price and complications regarding a dividend reinvestment plan. The situation involves disputes with financial institutions over dividend payouts and alleged market manipulation.
Why it matters
It highlights corporate governance risks and the complexities of digital infrastructure investments in the Malaysian market.
BURSA SGX Home Edge Weekly Make The Edge Malaysia your preferred source on Google This article first appeared in The Edge Malaysia Weekly on September 28, 2026 - October 4, 2026
THE ongoing issues at digital services and technology infrastructure provider Zetrix AI Bhd (KL: ZETRIX ) could be a long-drawn affair, with managing director Wong Thean Soon, better known as TS Wong, likely to seek legal recourse after recent developments at the company ravaged its share price.
When asked about his take on the ongoing developments at the company, Wong says in a brief message to The Edge: “I had always announced that I will choose the DRP (dividend reinvestment plan). This will be followed by a suit against issuers of derivatives and nominees for collusion and price manipulation.”
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