Core Viewpoint - The company, 长和, is facing a significant legal challenge in Panama, where the government has forcibly taken control of its subsidiary, Panama Ports Company (PPC), and terminated its operating rights at two ports [1] Group 1: Legal Developments - The Panama government published a ruling from the Supreme Court regarding Law No. 5 from January 16, 1997, on February 23, 2026, which led to the forced occupation of PPC's assets [1] - An administrative decree was issued requiring the government to take control of all movable assets of PPC [1] - The company believes that the ruling and the actions taken by the Panama government are inconsistent with the relevant legal framework and the laws that approved the concession agreement [1] Group 2: Company Response - The board of the company strongly opposes the ruling and the administrative decree, indicating that it will take all necessary legal actions to protect its rights [1] - The company is working with its legal advisors to explore all viable legal options, including pursuing further domestic and international legal proceedings [1]
长和拟采取一切妥善可行的法律方案以保卫集团权益