PTT Group has clarified its stance amid violence in Myanmar, which reportedly led to the withdrawal of an investment fund from its subsidiary PTT Oil and Retail Business Plc (OR), which is operating a petroleum business in the country.
OR holds a 35% share in Brighter Energy, a joint venture that transports petroleum products and provides a storage service in Myanmar.
Because business is continuing at a time of serious conflict and human rights violations in Myanmar, following a coup early last year, an investment fund decided to withdraw, according to media reports.
