In connection with the publication by a number of media outlets on the activities of KSL AG, containing false information about its owners and business, we consider it necessary to report the following:
The company is a legal entity operating under the laws of Switzerland.
Neither the Company nor its owners are subject to any sanctions from Switzerland, EU, US, UK and/or any other countries.
None of the individuals mentioned in the published articles directly or indirectly own or have any relationship whatsoever to KSL AG and have absolutely no influence on its activities. All of the alleged speculations of certain low profile journalists are a direct lie and a malicious attempt to damage our business and compensate for the lack of journalistic competencies with scandalous publications on popular political topics of today.
Complete and reliable information about the company's ownership structure is at the disposal of the appropriate Swiss authorities. Since 2021, the company is controlled and owned exclusively by an independent entity with no connection to any Russian miners or its subsidiaries. The company is an independent trader with a diversified portfolio of projects in the field of international trade commodities such as pet coke, metallurgical coal, anthracite in jurisdictions spanning from Saudi Arabia, UAE, Malaysia, Korea, China, Japan, India and Indonesia.
We refrain from publishing the information on the UBO only for security reasons caused by aggressive media publications that pose a direct threat to their rights and legitimate interests protected by the laws of Switzerland.
According to the results of 2021, none of its suppliers exceeded 50% of the Company's total turnover.
The team of KSL AG is made up of experienced professionals from various fields, who are citizens of different countries, and have nothing to do with the individuals indicated in the materials published by the media.
The company is very cautious about complying with international sanctions and is currently, along with most European traders, carefully analyzing the possibility of cooperation with its counterparties.
The company officially declares that the dissemination of false information that discredits its business reputation and damages its good name will be prosecuted to the fullest extent of the law.
