CKH HOLDINGS responds to port transactions: It is absolutely impossible to conduct under any illegal or non-compliant circumstances

CK Hutchison Holdings responded to questions regarding the sale of its global port business, emphasizing that the transaction could never occur in an illegal or non-compliant manner. CK Hutchison originally planned to explain the port transaction at the shareholder meeting on May 22, but due to concerns from shareholders and the media, this statement was issued. The transaction must meet conditions such as legal and regulatory approvals and shareholder consent, involving 43 ports and smart terminal systems across 23 countries. The transaction is currently under review, and if not approved, CK Hutchison may face substantial penalties for breach of contract