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The shareholder, which Zetrix did not name, alleged that nominees had failed to execute instructions to elect to receive shares under the company’s dividend reinvestment plan in lieu of cash. — One shareholder's court order holds up Zetrix AI's entire cash dividend payout
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*Zetrix AI Bhd is postponing its cash dividend payout following a court order secured by a substantial shareholder of the digital services firm. A sealed ad-interim injunction granted by the High Court of Kuala Lumpur dated Sept 14 and received by the company’s share registrar prevents the disbursement of cash dividends to specific accounts claimed by the substantial shareholder as a beneficial owner. Continue...
