Bangchak Corporation has issued a statement emphasizing its adherence to good governance and transparency, announcing its intent to pursue legal action against individuals or entities disseminating false information about its operations. This follows issues with certain shareholders whose ultimate beneficial owners were unclear, leading to frozen shares and a failed attempt to amend company regulations at a recent shareholder meeting.
The company's firm stance aims to protect its reputation and operations from risks, including potential secondary international sanctions, and to clearly communicate its "no grey capital" policy. This proactive measure is crucial for maintaining investor confidence and operational integrity in the face of misinformation.
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