Scoop has an Ethical Paywall
HPH Suspends Investment Plans
HPH Suspends Investment Plans in
the Port of Lyttelton,
New Zealand
[29 March 2006 – Hong Kong] Hutchison Port Holdings (HPH) confirms that, in agreement with Christchurch City Holdings Limited (CCHL), it will not be proceeding with its proposed investment in Lyttelton Port Company Limited (LPC), as CCHL has not been able to privatise LPC on the terms anticipated.
However, HPH remains open to further discussions with CCHL in the event they are able to complete the takeover of LPC on acceptable terms.
ENDS
Advertisement - scroll to continue reading
Stats NZ: Economic Impacts On New Zealand From Conflict In The Middle East – Report
Advertising Standards Authority: ASA Annual Report 2025 - Platform-Neutral Regulation Keeps Pace With Digital Advertising
Science Media Centre: Lead Pipes Banned For New Plumbing – Expert Reaction
New Zealand Young Physicists Trust: Auckland To Host The ‘World Cup Of Physics’ In 2027; Search Begins For Student-Designed Tournament Logo
Oxfam Aotearoa: Top CEO Pay Increased 20 Times Faster Than Workers’ Pay In 2025
Bill Bennett: TUANZ Report - Networks Built, Value Missing
