PHDL board approves solvency declaration for voluntary winding-up

MG News | December 03, 2024 at 10:38 AM GMT+05:00

0:00

December 03, 2024 (MLN): The Board of Directors of Pakistan Hotels Developers Limited (PSX: PHDL), in their meeting held yesterday, approved a declaration of solvency concerning the voluntary winding-up of the company.

Additionally, the board considered and recommended to the company's members the appointment of liquidators—Mohsin Ferozuddin, Masroor F. Baweja, Muzaffar Baweja, Zaheer Baweja, and Zubairuddin Baweja—without any remuneration.

The board also approved convening an Extraordinary General Meeting (EOGM) on December 31, 2024, where both agendas will be presented to the members for approval.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	167,085.58 225.68M	0.48% 802.03
ALLSHR	101,220.72 685.91M	0.47% 477.65
KSE30	50,772.02 134.57M	0.57% 290.16
KMI30	239,923.35 145.03M	0.77% 1831.31
KMIALLSHR	66,042.80 345.76M	0.65% 425.34
BKTi	45,106.39 29.18M	0.06% 24.91
OGTi	33,583.05 26.44M	1.52% 502.39

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	89,425.00	92,995.00 88,405.00	-3415.00 -3.68%
BRENT CRUDE	63.86	64.09 63.06	0.60 0.95%
RICHARDS BAY COAL MONTHLY	91.00	0.00 0.00	0.10 0.11%
ROTTERDAM COAL MONTHLY	97.25	97.25 97.25	0.05 0.05%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	60.14	60.50 59.42	0.47 0.79%
SUGAR #11 WORLD	14.82	15.02 14.73	-0.06 -0.40%