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MOC Warns All Parties Involved in CKH's Port Sale Mustn't Circumvent Review
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He Yungian, Spokesperson for China's Ministry of Commerce (MOC), stated at a press conference that relevant authorities have repeatedly emphasized since March this year that the sale of ports by CKH HOLDINGS (00001.HK) will be subject to legal review to protect fair market competition and safeguard public interests. All parties involved in the transaction must not attempt to circumvent the review in any way, and no concentration may be implemented before approval is granted, He emphasized. Otherwise, legal responsibility will be pursued. The MOC hoped that the companies involved remain clear-headed and act with caution. AAStocks Financial News |
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