MARC downgrades Zetrix AI's RM2 billion sukuk to BB+

Rating agency MARC reportedly cut Zetrix AI's RM2 billion sukuk rating to BB+, with debt remaining on negative watch. The downgrade also raised questions about the company's Nasdaq listing plans, according to BusinessToday Malaysia.

Timeline

1. 19 Oct, 00:00 UTCFirst appeared on Google Trends
2. 19 Oct, 00:00 UTCPicked up on News
3. 19 Oct, 00:00 UTCBusinessToday reports MARC sukuk downgrade
4. 19 Oct, 00:00 UTCNST reports Zetrix AI sukuk downgrade
5. 19 Oct, 03:16 UTCReached #1 on TrendHeat

Top sources

• zetrix ai sukuk rating downgradeGoogle Trends
• MARC Slashes Zetrix AI's RM2 Billion Sukuk Rating To BB+, Questions Nasdaq Listing PlansBusinessToday Malaysia
• MARC downgrades Zetrix AI's sukuk, debt remains on negative watchNST Online
• Zetrix AI withdraws dividend days before entitlement date amid financial pressuresNST Online
• Trading ideas: Public Bank, RHB, Genting, IOIPG, Zetrix, MNRB, Cape EMS, Cosmos, ISF, E&O, Turiya, Oasis HarvestThe Star
• Zetrix AI withdraws dividend paymentThe Star