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


Tuesday, 20 Nov 2018 

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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