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CKH: Financial Times Report on Jun 2 Inaccurate, Not Reflect Group's Stance on Port Deal Outside CN
CKH HOLDINGS (00001.HK) clarified that the article titled “A man, a plan B, a canal: Panama port owner charts course to placate Trump and Chinese ire” published by the ...
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CKH: Financial Times Report on Jun 2 Inaccurate, Not Reflect Group's Stance on Port Deal Outside CN
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CKH HOLDINGS (00001.HK)  +0.700 (+1.557%)    Short selling $51.81M; Ratio 19.757%   clarified that the article titled “A man, a plan B, a canal: Panama port owner charts course to placate Trump and Chinese ire” published by the Financial Times today (2nd) involves a lot of speculative material from third parties, containing numerous inaccuracies, and does not reflect the group's stance on the proposed port deal outside China.

Regarding the transaction, please refer to the remarks made by CKH's Group Co-Managing Director, Dominic Lai, at the 2025 Annual General Meeting on May 22, 2025. He responded to shareholders by emphasizing that the proposed transaction requires extensive scrutiny, and CKH will fully cooperate, adding that they will not proceed with any concentration before approval is obtained.

The group issued a statement on May 12, in which it declared that it is absolutely impossible for this transaction to proceed under any illegal or non-compliant circumstances. The announcement issued on March 4 at HKEX also stated that completion of the transaction will be conditional upon the satisfaction of conditions including legal and regulatory consents and approvals, absence of illegality or legal prohibition, requisite approval being obtained from the shareholders of the company, and other appropriate and customary conditions to be agreed in the definitive documents.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-05 16:25.)

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