The Board of Directors of Zetrix AI Berhad wishes to acknowledge the payment of the nominal value and the expected periodic distribution amount, which fell due on 6 November 2026, remains outstanding as at the date of this announcement.

The Company is taking the necessary steps to facilitate the settlement of the outstanding amounts to the Sukuk holders as soon as practicable.

Default means that the Company fails to pay. For this matter it is yet to be defaulted. It is high risk and hopefully high reward if the company does not fail to pay once the other matters become clear

Key Meaning of “as soon as practical” and “as soon as possible” under Zetrix announcement about matter of yet to be paid 25M , and investors or newspapers stamped as a default for payment, so much misleading of reading :

• Feasibility over panic: Unlike "as soon as possible"—which implies doing it immediately regardless of whether you are ready—"as soon as practicable" allows for a sensible assessment of resources, cost, manpower, and workflow.
• Legal and formal use: It is frequently found in legal, regulatory, and contractual documents to mean within a reasonable time without undue delay, given the specific facts of the situation.

Practical Differences from possible Phrases:

• As soon as possible: Means right now, ignoring whether it is convenient or properly organized.
• As soon as practicable: Means as soon as you can realistically manage it while keeping quality and practical constraints in mind.