are selling their holdings--19.998% and 10% respectively--in Hong Kong Air Cargo Terminals Ltd. and HACTL Investment Holdings Ltd. The interests in both companies are being purchased by existing shareholders. CX's sale of its interest in HACTL fulfils an undertaking made to Airport Authority Hong Kong in March 2008 when the company was awarded, through subsidiary Cathay Pacific Services Ltd., the franchise to invest in, design, construct and operate a new air cargo terminal at Hong ...

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