Chelsea Ready to Adopt Clark Airport Template

Chelsea Logistics Holdings Corp. (PSE: C) of businessman Dennis Uy sees no problem in complying with the government’s order to pattern its unsolicited airport proposal with that of the Clark International Airport’s operations and maintenance contract, which for some includes a contentious issue known as a material adverse government action.

“By the initial looks of it, our proposals will not have much changes if we have to really adopt such Clark model,” Chelsea Logistics president and chief executive officer Chryss Alfonsus Damuy told The STAR.

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