Filing after filing
Zetrix's Group MD Has Cut His Stake From 15% to 6% Since August
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Zetrix AI’s own Group MD, Wong Thean Soon, has been selling almost every week since early August. Bursa filings show his combined stake fell from 15.4% to 6.4% by 18 September — while the stock itself closed at a fresh low of 20 sen.
The stake, filing by filing
- 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
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.
Sources & further reading
- KLSE Screener — Zetrix AI (0138), changes in shareholdings, fetched 19 Sep 2026
- KLSE Screener — Zetrix AI (0138), historical daily prices
- Free Malaysia Today — Zetrix AI plummets 50%, Bursa issues UMA query (28 Aug 2026)
- Rates.my — Zetrix Bhd: Is the Crash Over? (3 Sep 2026)
- Rates.my — Smart Money Malaysia: every EPF, Khazanah and director trade
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This article is general information, not personalised financial advice. Rates.my is not a licensed financial adviser — always verify rates with the institution and consider your own circumstances.
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