BRIEF-CK Hutchison Objects To Panama State Takeover Of Panama Ports Co Assets, Personnel & Operations

Reuters
Yesterday
BRIEF-<a href="https://laohu8.com/S/CKHUF">CK Hutchison</a> Objects To Panama State Takeover Of Panama Ports Co Assets, Personnel & Operations

Feb 24 (Reuters) - CK Hutchison Holdings Ltd 0001.HK:

  • CK HUTCHISON OBJECTS TO PANAMA STATE TAKEOVER OF PANAMA PORTS COMPANY ASSETS, PERSONNEL AND OPERATIONS

  • CKHH CONSIDERS RULING, EXECUTIVE DECREE, PURPORTED TERMINATION OF PPC’S CONCESSION,TAKEOVER OF TERMINALS TO BE UNLAWFUL

  • ACTIONS & INSTRUCTIONS OF PANAMA STATE MADE IT IMPOSSIBLE FOR PPC TO CONTINUE ITS OPERATIONS

  • PPC CEASED ALL OPERATIONS AT THE TERMINALS AT BALBOA AND CRISTOBAL ON 23 FEBRUARY 2026

  • PPC & CKHH CONTINUE TO CONSULT WITH LEGAL ADVISORS REGARDING RULING AND FORCEFUL TAKEOVER

Further company coverage: 0001.HK

((Reuters.Briefs@thomsonreuters.com;))

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