ZETRIX AI BERHAD – Share‑Buyback Announcement and Market‑Context Implications

On 28 October 2025, Bursa Malaysia disclosed that ZETRIX AI BERHAD completed a share‑buyback transaction pursuant to Section 127(16) of the Companies Act 2016. The company repurchased 110,100 ordinary shares at a fixed price of RM 0.835 per share, totaling RM 92,604.69. All shares purchased were retained in treasury; none were cancelled, leaving the total number of shares retained in treasury unchanged at 44,996,000.

The buy‑back was executed on a single day (17 October 2025), aligning with the company’s strategy to consolidate ownership and enhance shareholder value. By buying back shares at a price close to the prevailing market price—RM 0.85 on 26 October, the market close—ZETRIX AI signals confidence in its valuation and future prospects. The transaction also reduces the number of shares available for public trading, which can exert upward pressure on earnings per share (EPS) and potentially improve the price‑to‑earnings ratio, currently listed at 8.29.

Trading Activity During the Closed Period

The Bursa Malaysia “Dealings During Closed Period” filing indicates that on 24 October 2025 a block of 3,000,000 ordinary shares (approximately 0.038 % of total issued capital) was acquired by Mr Wong Thean Soon, Managing Director of Others Group. The purchase was valued at RM 0.845 per share, slightly above the buy‑back price. This block trade, conducted during the closed trading period, is noteworthy because it reflects substantial institutional interest in ZETRIX AI’s equity at a premium to the buy‑back price, potentially signaling bullish sentiment ahead of the market opening.

Market Context

The broader Bursa Malaysia market closed the morning session on 28 October lower, reflecting profit‑taking in the utilities, industrial, and consumer products sectors. The FTSE Bursa Malaysia KLCI fell by 6.18 points (0.38 %) to 1,612.20 from Monday’s close of 1,618.38. Despite the broader index’s modest decline, the buy‑back announcement and the block trade by Others Group contributed to a relatively positive sentiment around ZETRIX AI’s shares. The company’s share price at the close on 26 October was RM 0.85, comfortably below its 52‑week high of RM 1.06 and near its 52‑week low of RM 0.68.

Forward‑Looking Perspective

ZETRIX AI’s decision to repurchase shares demonstrates a proactive approach to capital management, likely aimed at boosting earnings per share and signaling managerial confidence in the company’s trajectory. The close alignment of the buy‑back price with the market price suggests a prudent use of capital, avoiding excessive outlay while still delivering immediate value to shareholders.

The block trade by Others Group, executed at a price marginally above the buy‑back rate, indicates that institutional investors see further upside potential. Combined with the company’s modest P/E ratio of 8.29, these developments position ZETRIX AI as an attractive candidate for value‑oriented investors seeking exposure to the Malaysian information technology sector.

In a market where the FTSE Bursa Malaysia KLCI experienced modest downside, ZETRIX AI’s internal measures to fortify shareholder value—through a carefully timed buy‑back and the attraction of significant institutional interest—underscore a resilient and forward‑leaning corporate strategy.