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Zetrix AI Shares Drop Amid JPJ’s Suspension of Services

Kuala Lampur:Zetrix AI Bhd's share price experienced a decline during mid-morning trading after the Road Transport Department (JPJ) suspended the services of MyEG Sdn Bhd and Zetrix AI Bhd as its collection agents, effective from 12:01 am on October 5.

According to BERNAMA News Agency, by 11 am, Zetrix AI's share price had decreased by four sen to 7.5 sen, with a trading volume of 686.57 million shares.

The suspension decision was announced by JPJ director-general Datuk Aedy Fadly Ramli last Friday. He stated that the decision was based on an assessment of compliance with the terms and conditions of their agreements, noting unresolved obligations.

All JPJ services previously available through MYEG Group channels are affected by this suspension. However, JPJ has assured the public that its services will continue to be accessible through official and alternative channels.

Aedy Fadly also clarified that bookings for the computerised driving theory test (KPP01) made through MYEG before October 5 remain valid and can proceed as planned.

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