BRIEF-Panama Ports Responds To Recent Statements Regarding Company And Concession

Reuters
09 Apr
BRIEF-Panama Ports Responds To Recent Statements Regarding Company And Concession

April 9 (Reuters) - CK Hutchison Holdings Ltd 0001.HK:

  • RESPONDS TO THE RECENT STATEMENTS REGARDING COMPANY AND CONCESSION

  • CLARIFIES THAT PPC FAILED TO PAY $1,200 MILLION BALBOAS TO PANAMANIAN STATE, IS CONTRARY TO REALITY

  • PPC HAS COMPLIED WITH PAYMENTS FOR CONTAINER MOVEMENT THAT PANAMA MARITIME AUTHORITY HAS REQUIRED

  • PPC HAS MADE SIGNIFICANT INVESTMENTS THAT EXCEED $1,695 MILLION BALBOAS IN INFRASTRUCTURE OF PORTS OF BALBOA AND CRISTOBAL

Further company coverage: 0001.HK

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

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