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Asia

Zetrix AI to Acquire Stake in MYEG Ventures for MYR130 Million

Zetrix AI (KLSE:ZETRIX) signed a share purchase agreement with Next Lion to acquire about 15.3 million shares in MYEG Ventures for 130 million ringgit, according to a Tuesday filing with Bursa Malaysia.The consideration will be satisfied through a combination of cash and issuance of up to 360.6 million new shares.The acquisition supports the company's expansion into the Philippines, where it plans to roll out blockchain and AI services.

KLSE:ZETRIX
Asia

Malaysian Shares Rebound Mirroring Regional Gains

Malaysian shares ended in the green on Monday, reversing Friday's losses. The investor sentiment mirrored an upbeat regional performance.The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, gained 12.07 points to end 0.7% higher at 1,713.09.In corporate news, Malaysian sovereign wealth fund Khazanah Nasional sold shares worth 1.39 billion Malaysian ringgit in Tenaga Nasional (KLSE:TENAGA), Bloomberg reported, citing sources. On July 21, Khazanah placed 100 million shares of the state-owned power company for sale at 13.91 ringgit each, with settlement on July 24, sources told Bloomberg.Shares of Zetrix AI (KLSE:ZETRIX) slid over 2% on today's close after it applied to Bursa Malaysia Securities for the listing and quotation of new shares to be issued under its dividend reinvestment plan.Aneka Jaringan (KLSE:ANEKA) completed its acquisition of a 51% stake in P3 International after paying the purchase consideration to the vendor. Shares ended flat on Monday.

FTSE Bursa Malaysia KLCIKLSE:ANEKAKLSE:TENAGAKLSE:ZETRIX
Asia

Zetrix AI Seeks Listing of Shares Under Dividend Reinvestment Plan

Zetrix AI (KLSE:ZETRIX) has applied to Bursa Malaysia Securities for the listing and quotation of new shares to be issued under its dividend reinvestment plan, according to a Monday Malaysian bourse filing.The plan applies to the entire final single-tier dividend of 0.0289 ringgit per share for the financial year ended Dec. 31, 2025.

KLSE:ZETRIX
Asia

ZETRIX AI's Philippin JV Signs Multiple Deals with Government Agencies

ZETRIX AI's (KLSE:ZETRIX) Philippine joint venture MYEG Philippines signed multiple deals with government agencies to expand digital payment services across key public platforms, according to a Monday Malaysian bourse filing.Shares slid over 1% in Tuesday's midday trade.The partnerships include deals with the Professional Regulation Commission, Bureau of the Treasury, Land Bank of the Philippines, Philippine Ports Authority, and Bureau of Fisheries and Aquatic Resources, strengthening its role in government digitalization.The agreements will enable broader use of its electronic payment system across licensing, port operations, and public service fees, significantly expanding access to digital payment channels nationwide, it said.

KLSE:ZETRIX

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