PSP (P.S.P. Specialties) issued a clarification after the SEC publicly announced civil penalties against its Vice Chairman and Executive Officer, Seksorn Kroangpanit, for alleged price manipulation of META (Meta Corporation) shares during 2018–2020. PSP characterizes this as a personal matter predating the company's 2022 IPO and claims it poses no operational risk. The executive is reportedly negotiating with the SEC; the company pledges continued normal business operations and adherence to good corporate governance.