China Merchants Port Terminates SACHL Project, Enters Settlement Agreement For Early Termination

By Reuters News

Oct 15 (Reuters) - China Merchants Port Holdings Co Ltd 0144.HK:

  • TERMINATES SACLH PROJECT AND ENTERS SETTLEMENT AGREEMENT FOR EARLY TERMINATION

  • SLPA TO PAY USD 21.91 MILLION TO SACL AS ONE-TIME LUMP SUM WITHIN 30 DAYS AS PART OF SETTLEMENT AGREEMENT


Further company coverage: 0144.HK

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