CK Hutchison's subsidiary decries Panama's "invasion" of property [Yahoo! Finance]
CK HUTCH HLD LTD UNSP/ADR (CKHUY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
?an "unnotified intrusion on a private storage facility," a day after reports of a government raid ?on the ?subsidiary. In a statement, CK Hutchison's Panama Ports Company (PPC) said ?the Panamanian government "acted in disregard of the rule of ?law, as ?evidenced by ?yesterday's invasion and ?seizure of PPC property." Panama's government did not immediately respond to a request for comment. PPC until recently held contracts to operate two ?terminals at the ?Panama Canal's Pacific ?and Atlantic ?entrances. The government ?last month moved to ?annul the ?deals that gave the company control of the two canal ?ports. (Reporting ?by Elida Moreno; Writing by ?Brendan O'Boyle, Editing by ?Daina Beth Solomon)
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News
- A Look At CK Hutchison Holdings (SEHK:1) Valuation After Recent Share Price Moves [Yahoo! Finance]Yahoo! Finance
- 2 Panama Canal ports have dragged Panama into a tussle between superpowers [Los Angeles Times (CA)]Los Angeles Times
- 2 Panama Canal ports have dragged Panama into a tussle between superpowers [Yahoo! Finance Canada]Yahoo! Finance Canada
- 2 Panama Canal ports have dragged Panama into a tussle between superpowers [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Yahoo Finance [Yahoo! Finance Canada]Yahoo! Finance Canada