Xin Hua Wang·2026-02-04 13:25Core Viewpoint - The company, CK Hutchison Holdings Limited, announced that its subsidiary, Panama Ports Company, has initiated arbitration against the Republic of Panama due to inconsistencies between the decisions of the Panamanian Supreme Court and the legal framework governing the concession agreement [1]. Group 1: Legal Actions - Panama Ports Company has commenced arbitration proceedings based on the relevant concession agreement and international arbitration rules [1]. - The board of CK Hutchison strongly opposes the ruling and actions taken by Panama and intends to consult legal advisors while reserving the right to pursue further legal actions [1]. Group 2: Background Information - The announcement references a statement from the Panamanian Ministry of Justice on January 29, indicating that the Supreme Court declared Law No. 5 of January 16, 1997, and its amendments unconstitutional [1]. - Law No. 5, enacted in 1997, is crucial as it approved the concession agreements under which Panama Ports Company has operated in two ports in Panama for nearly thirty years [1].