PC1 Group says business stable as it cooperates with authorities

Accordingly, the group has taken all necessary measures to ensure its corporate governance, executive management, and business operations remain stable, continuous, and lawful.

PC1 noted legal authorities have allowed the implicated individuals to grant full authorisation to the group's key personnel. This enables them to continue governing and operating the enterprise without any disruption to business activities.

PC1's core business sectors have been designed to operate professionally and independently, and remain unaffected. Production and business activities continue normally across energy, industrial plant operations, and domestic and international projects. The company's sites, factories, and operational systems are functioning safely and stably, with all obligations to customers, partners, banks, investors, and employees being fulfilled as committed.

The board and management team are ensuring continuity in executive operations, risk management, and employee morale with responsibility, professionalism, and transparency.

Over its 60-year history, PC1 has been shaped by generations of executives, engineers, and employees through dedication, discipline, and persistent contributions to national energy, infrastructure, and economic development. These core values remain PC1's foundation to sustain operations, overcome challenges, and safeguard its corporate reputation.

The group said that PC1 Group values the continued trust and support of its shareholders, investors, customers, partners, and employees, which is vital to stabilising operations, enhancing governance, upholding social responsibility, and achieving sustainable growth. All official updates will be publicly disclosed by PC1 in strict compliance with legal regulations and disclosure obligations of a listed enterprise.

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