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Filing after filing

Zetrix's Group MD Has Cut His Stake From 15% to 6% Since August

RaymondRates.myUpdated 5 October 20262 min read

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ZETRIXZetrix AI

Zetrix AI’s own Group MD, Wong Thean Soon, has been selling almost every week since early August. Bursa filings show his direct stake fell from 15.4% to 6.4% by 18 September — while the stock itself closed at a fresh low of 20 sen.

Update, 5 October 2026: the figures in this article are his direct holding. Counting the shares held through Asia Internet Holdings, the filings put the total at 29.5% on 17 August and 10.6% on 30 September (6.1% direct, 4.5% deemed). Asia Internet Holdings ceased to be a substantial shareholder on 22 September. The shares closed at 6.5 sen on 5 October after JPJ suspended the company as a collection agent. The dated record is in Why is Zetrix share price falling? The timeline.

The stake, filing by filing

ZETRIX — GROUP MD'S STAKE, FILING BY FILINGdirect interest, one scale, 5 Aug – 18 Sep 20265 Aug15.41%17 Aug15.17%1 Sep13.92%7 Sep8.40%11 Sep6.67%18 Sep6.44%Latest filing (18 Sep) reports a disposal dated 15 Sep 2026.
Wong Thean Soon's direct interest in Zetrix AI (0138), from Bursa substantial-shareholder filings via KLSE Screener. Shares held through Asia Internet Holdings are not included.
  • Disposals hit Bursa on at least 15 separate trading days since 5 August, the latest dated 15 September.
  • Paper value fell from about RM839m to RM101m — this site’s own math on shares held × the day’s closing price.
  • A second director, Datuk Mohd Jimmy Wong Bin Abdullah, sold shares the same day, down to near zero.

The price, before and after

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Zetrix closed at 20 sen on Friday 18 September, its lowest close since the sell-off began in late August — on volume of just over 1 billion shares.

This follows this site’s own 3 September piece on the crash and the margin-call signs — the selling did not stop there, it kept going for another two weeks. Track the stock on the live Bursa heat list.

What to watch

  • ~5%Once combined interest drops below the 5% substantial-shareholder threshold (Companies Act 2016, s.137–139), further sales stop requiring a public filing.
  • by ~30 Nov 2026Zetrix’s Q3 FY2026 results are due — Bursa’s Listing Requirements give every listed company two months from quarter-end to report.
Not financial advice. This is general information on Zetrix AI Berhad’s (0138) disclosed shareholding changes and closing prices, based on Bursa Malaysia filings via klsescreener.com as at 19 September 2026. It is not a recommendation to buy, hold or sell any shares, and Rates.my does not issue price targets or forecasts. Confirm current prices and filings with your broker before acting.

Sources & further reading

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