Cheung Kong (Holdings) Ltd has announced that it has submitted a preliminary non-binding proposal relating to an aircraft acquisition from AWAS. Local Hong Kong media has reported that Cheung Kong may bid for a portfolio of aircraft being sold by Terra Firma Capital Partners Ltd’s aircraft-leasing firm, AWAS Aviation Capital Ltd.Cheung Kong stated that it was at a “very preliminary stage” in considering the acquisition and that no binding agreement had been reached.

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