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News: APA CK Asset Holdings Says Will Not Proceed With Acquisition Of APA Group

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    Nov 20 (Reuters) - CK Asset Holdings Ltd 1113.HK :

    • ANNOUNCES TERMINATION OF IMPLEMENTATION AGREEMENT
    • BIDCO BECAME AWARE THAT CONDITION PRECEDENT OF A WRITTEN NO OBJECTION NOTIFICATION UNDER FIRB ACT WILL NOT BE SATISFIED
    • UPADTES ON PROPOSED ACQUISITION BY BIDCO OF APA
    • ACCORDINGLY, CK ASSETS, CK INFRASTRUCTURE AND POWER ASSETS WILL NOT PROCEED WITH JV TRANSACTION AND ACQUISITION OF APA
 
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