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Panama's Comptroller General Office to Sue Officials who Authorize Port Concession Renewal to CKH
Panama's Comptroller General office will file a lawsuit against officials who authorized the 25-year port concession renewal with a company led by CKH HOLDINGS (00001.HK), fore...
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Panama's Comptroller General Office to Sue Officials who Authorize Port Concession Renewal to CKH
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Panama's Comptroller General office will file a lawsuit against officials who authorized the 25-year port concession renewal with a company led by CKH HOLDINGS (00001.HK)  -0.450 (-1.034%)    Short selling $17.74M; Ratio 12.644%   , foreign media reported.

The contract pertains to the Balboa and Cristobal ports near the Panama Canal, operated by Panama Ports Company, in which CKH holds a 90% stake, with the renewal taking place in 2021.

In March, a consortium led by BlackRock (BLK.US)      announced an agreement to acquire a majority stake in CKH’s global ports business, including the two Panama ports, for USD22.8 billion, though the transaction has yet to be finalized.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-04-24 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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