CK Hutchison vows to pursue ‘all legal remedies’ over seized Panama ports

Hong Kong conglomerate CK Hutchison has said it will pursue “all available legal remedies” through both national and international proceedings to resolve a dispute over its two Panama Canal ports which were seized by authorities in February. Amid the widening conflict in the Middle East which could further complicate its multibillion-dollar global ports sale, the ports-to-telecoms group downplayed the possible impact of a Strait of Hormuz blockade on its business, saying its diversified netwo...

By Kevin Li