PHDL, SIUT extend deadline for Regent Plaza sale by 90 days

MG News | February 12, 2024 at 03:26 PM GMT+05:00

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February 12, 2024 (MLN): Pakistan Hotels Developers Limited (PHDL) and Sindh Institute Of Urology and Transplantation (SIUT) have mutually extended the deadline of the execution of the sale of PHDL's Regent Plaza by an additional 90 days from previous last date of agreement execution i.e. February 11, 2024.

This information was disclosed by PHDL through a notice issued to the PSX today.

After incorporating the aforementioned adjustment, the extended last date of agreement execution will be May 11, 2024.

It is important to note that all the other clauses of the agreement will remain enforceable, as original.

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