Back    Zoom +    Zoom -
Public-Private Partnerships May Take Over Panama Ports If Court Rules CKH's Concession Invalid, Says President
Recommend
13
Positive
18
Negative
22
Panama's President Jose Raul Mulino noted that if the local court rules the operating contracts for two key ports of CKH HOLDINGS (00001.HK) at the Panama Canal invalid, public-private partnerships may take over those ports, according to foreign media reports.

Panama's Comptroller General's office had earlier filed a lawsuit with the local Supreme Court, requesting the annulment of the contract due to non-compliance with the required legal procedures, including the approval of the Comptroller General, and declaring the agreement unconstitutional.

Related NewsJPM: CKH HOLDINGS (00001.HK) Stock Price Has Largely Factored in Port Sale Approval

AAStocks Financial News