Recently, Prince Holding Group (PHG) from Cambodia responded to media reports, especially those by Taiwan's Central News Agency, regarding allegations of PHG's involvement in illegal activities in Palau, stating that these accusations are baseless, false, and defamatory. PHG has no business or investments in Palau.
These allegations originated from an unpublished report by the "Pacific Economic Institute" think tank. PHG pointed out that the report was not publicly reviewed, lacked verification information, and expressed concerns about its methodology and funding sources.
PHG also criticized Taiwan's Central News Agency for not verifying information with them and directly citing unreviewed allegations, leading to public misunderstandings and damaging PHG's reputation. PHG has demanded that the "Pacific Economic Institute" publish the full report and explain its research methods and funding sources, or else legal action will be taken.
PHG reiterated that as one of Cambodia's leading enterprises, the company always adheres to integrity and lawful operations, and any accusations linking it to illegal activities abroad are false and unfounded.
