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Changhe: Opposes the Panamanian government's forced takeover of Panama Port Company's assets, employees, and operations
CK Hutchison Holdings Limited issued a statement on February 24, revealing that the Panamanian government took “forced takeover” actions on the 23rd local time, sending personnel to the ports of Balboa and Cristóbal operated by its subsidiary, Panama Ports Company, to take full control of administrative and operational rights, and prohibiting company representatives from entering. CK Hutchison reiterated that this action is illegal and stated that it will pursue all legal avenues to the end. (First Financial)