Thai Oil Clean Fuel Project Clarity

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Thai Oil Public Company Limited (SET: TOP) recently provided important updates on their Clean Fuel Project (CFP) to address concerns raised in media reports circulated via the Stock Exchange of Thailand (SET).

On 27th November 2024, there were reports about Mr. Chatchanai Panpetch, a shareholder of Thai Oil Public Company Limited, who sent a claim letter to the Director General of the Department of Special Investigation and the Chairman of the Securities and Exchange Commission. In response to this, Thai Oil decided to offer further clarification on the CFP.

The Company felt it necessary to address any uncertainties or misinformation about the Clean Fuel Project. This move aims to ensure transparency and prevent any confusion that might arise from media coverage.

By providing clear and concise details, Thai Oil wants to maintain trust and openness in their communication with stakeholders. This commitment to transparency demonstrates their dedication to keeping investors and the public well-informed about important initiatives like the Clean Fuel Project.

These updates should help investors and interested individuals better understand the current status and future prospects of the Clean Fuel Project as undertaken by Thai Oil Public Company Limited. It’s a step towards maintaining a strong relationship with shareholders and the broader market community.

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