PT International Development Corporation Limited (372) has released further updates regarding the disclaimer of opinion outlined in its annual report for the year ended 31 March 2025. The board highlights measures taken since 20 November 2025 to mitigate liquidity pressure and address going concern issues.

PT International has engaged in discussions related to a potential subscription following a memorandum of understanding signed between Guangming and Guangxi Linghang International Logistics Company Limited, a subsidiary of a state-owned enterprise. Negotiations with Guilin Bank remain ongoing: while no written confirmation has been provided regarding the Group’s breach of loan covenants, it is understood that the bank does not currently intend to demand immediate repayment.

The Company has also provided new details on legal matters involving Lianwei concerning sale and leaseback contracts for oil storage tanks. In one case, the total amount of RMB52.80 million (52.80 million) is under appeal; similarly, the Company is appealing additional judgments, pursuing stays of enforcement, and seeking retrials. In a separate civil complaint, the Group’s retrial is expected to take place on or before 17 March 2026.

The Group continues to seek new financing from banks and asset management institutions. It is also coordinating with the general partner of a fund to potentially dispose of the fund’s underlying assets before its maturity date in the year ending 31 March 2026, with the Group expecting to receive distribution proceeds during that timeframe.