Zetrix AI, HeiTech Padu, BCM Alliance, SCIB, Key Asic, HHRG, Shin Yang Group, Khee San & Aumas

BURSA SGX Home Companies in the news Make The Edge Malaysia your preferred source on Google KUALA LUMPUR (Sept 4): Here is a brief recap of some corporate announcements that made the news on Friday.

Zetrix AI Bhd (KL: ZETRIX ) has terminated its proposed RM130 million share‑and‑cash deal to acquire a 50% stake in Philippines-based MyEG Ventures Inc announced three days ago. This followed queries from Bursa Malaysia on shareholding, accounting treatment, financial details, and consideration shares. Zetrix cited a review of the commercial rationale, given share price volatility for the consideration shares, as the reason for ending the agreement with Next Lion Ltd. Both parties will be released from their obligations under the agreement, with no break fees or penalties payable by either side. — Zetrix AI scraps RM130m MyEG Ventures deal amid share price volatility