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Zetrix AI terminates RM130mil MYEG Ventures acquisition deal

KUALA LUMPUR: Zetrix AI Bhd has terminated its RM130mil proposed acquisition of a 50% stake in MYEG Ventures Inc from Next Lion Ltd, just three days after entering into the share purchase agreement.

The Star MalaysiaThe Star查看原文 ↗
Zetrix AI终止了对MYEG Ventures价值1.3亿令吉的收购交易。

KUALA LUMPUR: Zetrix AI Bhd has terminated its RM130mil proposed acquisition of a 50% stake in MYEG Ventures Inc from Next Lion Ltd, just three days after entering into the share purchase agreement.

In a filing with Bursa Malaysia, Zetrix AI said it terminated the agreement on Sept 4 following a review of the commercial rationale of the proposed acquisition amid volatility in its share price.

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