CSG Says Claims in Hunterbrook's Second Report 'Selective Interpretations'to Benefit Short Positions


Idag, 17:32

11:32 AM EDT, 05/18/2026 (MT Newswires) -- CSG (CSG.AS) rejected claims made by short seller Hunterbrook in a second article released Monday that the company's billion-dollar contracts in Southeast Asia may be tied to just one counterparty, Indonesia, and a single intermediary.

In a same-day statement, the Czech Republic-based defense group said the report contains "selective interpretations of publicly available information"that are intended to benefit Hunterbrook's short position in CSG shares.

The group added that the article made inaccurate conclusions that do not reflect its business model, disclosures, governance or operations. It also noted that Southeast Asia has been a strategic growth region for several years and that individual country-level details are not disclosed due to confidentiality agreements.

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