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CKH Tumbles 5%+ as Panama's Supreme Court Rules Contracts for 2 Local Ports Unconstitutional
Recommend 7 Positive 14 Negative 14 |
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After thorough deliberation and discussion, the Supreme Court of Panama ruled during a routine meeting held on January 29 local time that the concession contracts and related regulations for CKH HOLDINGS (00001.HK)'s member company Panama Ports Company to operate the ports of Balboa and Cristobal are unconstitutional. Dragged down by the news, CKH HOLDINGS' stock price last dropped by 5.13% to HKD62.9, with a volume of 7.7395 million shares, involving HKD496 million. AAStocks Financial News |
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