Gulf EnergyRegulatory · 2026-02-16 00:00

Regulatory · 2026-02-16 00:00

Gulf Energy Development clarified it will not interfere with Kasikornbank's management despite its shareholding, adhering to good corporate governance.

Gulf Energy Development issued a statement to the Stock Exchange of Thailand, clarifying its position as a shareholder in Kasikornbank. The company affirmed it has no intention to influence the bank's business policies, management structure, or operations.

This clarification underscores Gulf Energy's commitment to good corporate governance principles and its role as a passive investor. It also addresses potential market speculation regarding its influence over the bank's strategic direction.

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