BCPG issued a clarification regarding its accounting treatment for the investment in Asia Link Terminal, an oil storage and port project in Phetchaburi province. The company confirmed that the Purchase Price Allocation (PPA) process was completed and audited, with no material changes from previously disclosed information.
This statement aims to correct inaccurate media reports and reinforce confidence in the project's long-term revenue generation and BCPG's commitment to transparent governance. The infrastructure investment aligns with BCPG's strategic plan for consistent cash flow.
Fast Facts
Organizations Mentioned