Pakistan Hotels Developers seeks 6-month extension in liquidation process

News Image

MG News | December 26, 2025 at 02:24 PM GMT+05:00

December 26, 2025 (MLN): The liquidators of Pakistan Hotels Developers Limited (PHDL) have approached the Sindh High Court, Karachi, seeking a six-month extension in the company’s liquidation period, according to a material disclosure made to the Pakistan Stock Exchange (PSX).

The liquidators stated that the requested extension is intended to enable the completion of outstanding matters in full compliance with applicable laws and regulatory requirements.

The move is intended to ensure an orderly conclusion of the liquidation process.

The disclosure has been made in line with PSX Listing Regulations to keep the Exchange informed of material developments related to the company’s liquidation proceedings.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 171,021.20
228.53M
-0.42%
-718.25
ALLSHR 103,836.39
572.65M
-0.41%
-422.85
KSE30 50,951.99
89.47M
-0.52%
-264.77
KMI30 240,633.87
93.99M
-0.31%
-756.80
KMIALLSHR 66,572.75
300.61M
-0.28%
-185.59
BKTi 48,673.23
31.18M
-0.70%
-343.86
OGTi 33,702.25
6.35M
-0.61%
-205.57
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 65,230.00 65,570.00
63,875.00
1015.00
1.58%
BRENT CRUDE 92.88 93.60
89.58
-3.90
-4.03%
RICHARDS BAY COAL MONTHLY 105.75 0.00
0.00
-1.55
-1.44%
ROTTERDAM COAL MONTHLY 121.10 0.00
0.00
0.85
0.71%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 85.36 86.20
83.10
-3.95
-4.42%
SUGAR #11 WORLD 14.76 0.00
0.00
-0.01
-0.07%

Chart of the Day


Latest News
July 27, 2026 at 07:08 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


July 25, 2026 at 05:09 PM GMT+05:00

Weekly Market Roundup


July 25, 2026 at 01:40 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg