BRIEF-CK Hutchison Objects To Panama State Takeover Of Panama Ports Co Assets, Personnel & Operations
Reuters
Yesterday
BRIEF-CK Hutchison 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;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.