CK Hutchison Holdings - Garner Ted Armstrong Evangelistic Association https://www.garnertedarmstrong.org Let No Man Take Your Crown Fri, 06 Mar 2026 21:07:51 +0000 en-US hourly 1 https://www.garnertedarmstrong.org/wp-content/uploads/2024/05/cropped-Screen-Shot-2024-05-16-at-1.06.13-PM-32x32.png CK Hutchison Holdings - Garner Ted Armstrong Evangelistic Association https://www.garnertedarmstrong.org 32 32 CK Hutchison escalates legal action over Panama ports seizure https://www.garnertedarmstrong.org/ck-hutchison-escalates-legal-action-over-panama-ports-seizure/?utm_source=rss&utm_medium=rss&utm_campaign=ck-hutchison-escalates-legal-action-over-panama-ports-seizure Fri, 06 Mar 2026 21:07:51 +0000 https://www.garnertedarmstrong.org/?p=48744 Hong Kong tycoon Li Ka-shing’s conglomerate accuses Panama authorities of ignoring requests for communication and keeping group in the dark Hong Kong conglomerate CK Hutchison Holdings has stepped up legal action in response to what it called Panamanian authorities’ unlawful … Read More

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]]> Hong Kong tycoon Li Ka-shing’s conglomerate accuses Panama authorities of ignoring requests for communication and keeping group in the dark

Hong Kong conglomerate CK Hutchison Holdings has stepped up legal action in response to what it called Panamanian authorities’ unlawful takeover of the operations of two ports at either end of the strategic canal.

The group, led by the family of Hong Kong tycoon Li Ka-shing, said on Friday it had submitted a supplement to its earlier petition against the Panamanian state for international arbitration.

The supplement alleged that Panama continued to ignore the firm’s requests for communication while keeping the group in the dark about its occupation of the ports, property and personnel of its subsidiary, Panama Ports Company (PPC).

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Source: https://www.scmp.com/news/hong-kong/politics/article/3345722/ck-hutchison-escalates-legal-action-over-panama-ports-seizure?fbclid=IwY2xjawQYHWdleHRuA2FlbQIxMQBzcnRjBmFwcF9pZBAyMjIwMzkxNzg4MjAwODkyAAEeu7lUbXgtr5UOCmyTAkjlA_GvluWvkBI4xaRaWe_e3Un-fzBgRvoiSeoca9c_aem_KkPhdxR65RLIiJSHKgNzBA

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]]> BlackRock strikes deal to bring ports on both sides of Panama Canal under American control https://www.garnertedarmstrong.org/blackrock-strikes-deal-to-bring-ports-on-both-sides-of-panama-canal-under-american-control/?utm_source=rss&utm_medium=rss&utm_campaign=blackrock-strikes-deal-to-bring-ports-on-both-sides-of-panama-canal-under-american-control Tue, 04 Mar 2025 22:41:52 +0000 https://www.garnertedarmstrong.org/?p=47255 A Hong Kong-based conglomerate has agreed to sell its controlling stake in a subsidiary that operates ports near the Panama Canal to a consortium including BlackRock Inc., effectively putting the ports under American control after President Donald Trump alleged Chinese … Read More

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]]> A Hong Kong-based conglomerate has agreed to sell its controlling stake in a subsidiary that operates ports near the Panama Canal to a consortium including BlackRock Inc., effectively putting the ports under American control after President Donald Trump alleged Chinese interference with the operations of the critical shipping lane.

In a filing, CK Hutchison Holding said Tuesday that it would sell all shares in Hutchison Port Holdings and in Hutchison Port Group Holdings to the consortium in a deal valued at nearly $23 billion, including $5 billion in debt.

The deal will give the BlackRock consortium control over 43 ports in 23 countries, including the ports of Balboa and Cristobal, located at either end of the Panama Canal. Other ports are in Mexico, the Netherlands, Egypt, Australia, Pakistan and elsewhere.

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Source: https://apnews.com/article/hong-kong-panama-canal-beijing-hutchison-blackrock-rubio-d02a8439cc63d9e740e5154d4e0c56f6

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