Centaur

𝗠𝗘𝗗𝗜𝗔 𝗥𝗘𝗟𝗘𝗔𝗦𝗘 20 October 2026 𝗣𝗨𝗕𝗟𝗜𝗖 𝗙𝗨𝗡𝗗 𝗘𝗫𝗣𝗢𝗦𝗨𝗥𝗘 𝗔𝗡𝗗 𝗧𝗛𝗘 𝗜𝗠𝗣𝗟𝗜𝗖𝗔𝗧𝗜𝗢𝗡𝗦 𝗢𝗙 𝗭𝗘𝗧𝗥𝗜𝗫’𝗦 𝗦𝗛𝗔𝗥𝗘 𝗣𝗥𝗜𝗖𝗘 𝗖𝗢𝗟𝗟𝗔𝗣𝗦𝗘 BERSAMA wishes to draw public attention to the financial crisis engulfing Zetrix AI Berhad (formerly MyEG Services Berhad), a company of significant public interest whose activities have major implications for national security. So far, discussion of Zetrix AI Berhad has largely been confined to investors on Bursa Malaysia following the sharp collapse in its share price. No Member of Parliament or political party has yet focused on the implications of Zetrix’s share price collapse for the public interest. According to Zetrix’s own financial reporting, its closing share price on 1 April 2026 was 75.5 sen. By 19 October 2026, its share price had fallen to 5 sen — a dramatic decline of 93.4% over six months, with the sharp sell-off beginning on 28 August 2026. Based on publicly accessible financial reports, the following public funds held shares in Zetrix: 𝗞𝗪𝗦𝗣 Number of Zetrix shares: 67,674,000 Information as at: 1 April 2026 𝗞𝗪𝗔𝗣 Number of Zetrix shares: 390,090,000 Information as at: 2 October 2025 𝗨𝗿𝘂𝘀𝗵𝗮𝗿𝘁𝗮 𝗝𝗮𝗺𝗮𝗮𝗵 𝗦𝗱𝗻 𝗕𝗵𝗱 (𝗨𝗝𝗦𝗕) Number of Zetrix shares: 211,507,500 Information as at: 1 April 2026 The latest holdings of these public funds in Zetrix are unknown, as they will not be reported until Zetrix’s annual report for the 2026 financial year is finalised. Nevertheless, the holdings disclosed as at October 2025 and April 2026 show that these three public funds held a substantial number of shares. If these three public funds were still holding Zetrix shares when the sharp sell-off began on 28 August 2026, they may well have missed the opportunity to limit their losses and been left holding the shares until today. If that is the case, EPF, KWAP and UJSB face potential losses of RM472 million, based on a decline of 70.5 sen per share. The financial crisis involving Zetrix extends beyond losses to public funds alone. Over the past month, besides failing to remit RM314 million in government revenue collected on behalf of the Road Transport Department (JPJ), Zetrix has continued to face cash flow difficulties. The latest development is a breach of the terms of its RM2 billion sukuk issuance, which remains unresolved. It is publicly known that HeiTech Padu Berhad was awarded a contract worth RM1.05 billion to develop the National Integrated Immigration System (NIISe). When HeiTech Padu won this contract in 2024, its two largest shareholders were Rosetta Partners Sdn Bhd, jointly controlled by His Royal Highness the Sultan of Kelantan and Farhash Wafa Salvador, and Zetrix AI Berhad, previously known as MyEG Services Berhad. HeiTech Padu also announced that Zetrix was its technology partner and would jointly develop the technology used in NIISe. However, following the financial crisis engulfing Zetrix, the company sold its entire 16.9% stake in HeiTech Padu on 2 September 2026, raising questions about its role as a technology provider for the NIISe project. In light of these developments, I believe the Madani administration, particularly Dato’ Seri Anwar Ibrahim as Minister of Finance, must stop remaining silent and hoping that this issue escapes public attention. As a champion of good governance, Dato’ Seri Anwar Ibrahim carries the public’s high expectations that he will explain the following: 1. How many Zetrix shares were held by government-linked investment companies (GLICs), including EPF, KWAP and UJSB, and government-linked companies (GLCs), including Maybank, CIMB and others, on 1 April 2026? This disclosure is necessary to establish the extent of public fund exposure to Zetrix’s financial crisis. 2. How many shares remained held on 20 October 2026, and what losses have public funds incurred through these GLICs and GLCs as a result of the Zetrix crisis? How much consists of paper losses on shares still held, and how much consists of realised losses on shares sold between 1 April 2026 and 20 October 2026, measured against their original purchase costs? 3. Which company is providing the technology for NIISe following Zetrix’s disposal of its stake in HeiTech Padu, and what are the implications for the implementation of this national security project? Zetrix’s collapse lays bare the crony capitalism that continues to thrive under Dato’ Seri Anwar Ibrahim’s administration. I will continue to pursue this matter until the public receives satisfactory answers and those involved are investigated, just as I pursued previous financial scandals involving public funds under the UMNO administration: 1MDB, Tabung Haji, FELDA, MARA and NFC. For BERSAMA 𝗥𝗔𝗙𝗜𝗭𝗜 𝗥𝗔𝗠𝗟𝗜 The full media statement is available on the BERSAMA website: bersama.org/ms/kenyataan-med…