CK Infrastructure says acquisitions on hold because of pandemic

05 August 2020 - 12:00 am UTC

Hong Kong-listed CK Infrastructure – which owns energy and utility assets around the world – today said it is considering multiple acquisitions, but that the pandemic has stalled the processes.

The company can form alliances with other members of the CK Group, such as CK Asset and Power Assets, for acquisitions, which puts it at an advantage, according to a statement issued as CK Infrastructure recorded a 52% tumble in its interim first-half net profit.

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