Ooh ok ok. Then, it makes sense. Also, the concern from the market is valid for the big AI companies in the US bcos the dev spending are being expensed - the training, R&D portion, the leasing while the physical infra of chips and servers are being depreciated within 5 years probably. So, they have to make a lot of money to cover these spending or they will be loss making :)

Cheng..hope the company will provide the details soon...and you have written many times.

In Malaysian corporate news, the

RM3.7 billion development cost for Zetrix AI Bhd (formerly known as MyEG Services Bhd) refers to the company's cumulative capitalised development expenditure spent over approximately three years. [1, 2]

the company own jpj more than 300m in fews months...so thier revenue mostly is "real " and since 2008 thier dividend is real too.

yeah. if you are investing in the US and specifically AI companies in the US, you may want to pay attention to the outcome of the midterm elections in Nov :) Democrats and Republicans have opposing views on AI companies spending :) Democrats will slow down AI DCs from energy/environmental/matters that are impacting cost of living/consumers :)

Which one will be a soft landing for the boss - 2bil sukuk default into PN17 restructuring which could ended up (1) the boss leaves the company and company enters restructuring - consolidation, new mgmt, refinancing and etc (2) fails to meet the restructuring req and delisted OR provide the details/transparency of the dev costs/other details to MARC/public which could (1) clear the air to boost investor confidence or (2) open up a can of wiggling worms

2 bil default chance are high. there might be a 3rd option. they come up with a new deal before it trigger default.

https://www.klsescreener.com/v2/news/view/1810445

该公司补充说，目前正在与伊斯兰债券受托人进行磋商。

Surprisingly, the current share price now at 5 cents only, but its market cap still worth RM400 million.
This seems like they had well planned by splitting the number of shares to soooo many, so that if its share price drops to close to zero but still a big market cap. Salute!

The Board of Directors may appoint an approved auditor to fill a casual vacancy at any time before the next Annual General Meeting (AGM). CA 2016 does not stipulate a rigid "30-day window" for the board to act, but practically it must be done ahead of upcoming financial reporting deadlines.

The main concern is whether minister of transportation will renew MYEG JPJ license for the company as a cash cow to pay off sukuk coupon to continue digital currency business. If the minister approves, then company will not go default or trigger PN 17

probably nothing to do with JPJ. Its the status of the over 500mil cash eq excluding the digital assets as of June'26. It should be more than enough to pay for the bounced cheque unless it is not available for use. No auditor available to verify the status of these assets and audit committee doing nothing either; leaving public shareholders in the dark and at risk of total capital loss.

i doubt jpj will allow mygg to keep the collected money in company account again even the suspension is lifted. By right this shouldnt be happened at all because these money does not belong to mygg therefore it should be kept in a seggregated or escrow account.

Money of 230m definitely returns to JPJ once PDRM clears the picture. To let company survive and avoid sukuk defaults, Minister of transportation should grant myEG to earn fee from JPJ business to continue business except the business is not profitable. If this happens, world bank will not come in as one of the top 30 shareholders according to the last year annual report

Only Minister of Transportation has the power and authority to grant JPJ business to myEG.

I hope u can understand the protocol and L should not have negative thoughts.

Now Minister has more headache than you. Grant then company will continue current project and refuse with unknown reason then company will potentially go default on sukuk.

Investors will incur unknown loss. If u, what decision will make?

pls la all dun dream la,this moment also talk this talk that..........play big and small in this moment only,later is later story at now......have buy this share,95% is have follow teacher or heard friends(have follow teacher) de..........if teacher can trust,pig can up tree,shit can eat la........u can learning some knownleage de,but must dun heard they talk share,i not care u can win how many time,i can confirm loss finish is a good ending only...........

Wake up Sam, this is penny stock counter. No one cares how the company run. Pure goreng only. Stay here and wait for coconut drop is almost next to impossible. Manage your risk in the goreng counter. That's all. Ministers somehow need to come out and give some speech. Wayang abit is a must. There is no so call investment here. It is purely gamble big and small. Numbers will talk, the long essay cut it short and face the reality. 话是难听，不接受现实，现实会狠狠的让你买单

No interference in the investigation means go and do your job.

It does not mean the parties are guilty. There is 2 sides to a coin. So, be patient to learn the truth. If scared, don't play Zetrix shares.

There is 1k counters to choose in Bursa.

dun talk 6 talk 7 in this moment............if u known play what this moment,enough jo.......if open big,dun happy,if open small dun diu this diu that,this is ur choose..............if have another happen again,if u didint play big and small people,pls dun play again..........luck this thing not allow follow in ur life so many time de............i known this moment so many what kind people have buy this share this moment,also cannt heard in de.................i can say Good Luck...........if can dun heard so many say guru himself talking and use they app,they is example only,if u think in market long time,true learning market running,same ur learning how can live in the society lai that........

时常研究量子力学的朋友都知道，薛定谔的猫是处于亦生亦死的叠加态，只要你不打开盒子，猫的生死就未成定局。同理，只要你不打开交易软件，账户里的钱就永远处于没亏也没赚的叠加态。所以只要你不去看，那么亏损就不是客观的事实。只有当你打开账户的那一刻导致波函数坍塌后你才知道你是赚钱还是亏钱。。。