PIA’s Chief Executive restrained by the Supreme Court from working in the capacity of CEO

MG News | January 24, 2020 at 04:02 PM GMT+05:00

0:00

January 24, 2020 (MLN): Pakistan International Airlines Limited (PIACL) via notification to PSX has informed that the Supreme Court of Pakistan has restrained Air Marshal Arshad Mahmood Malik, the CEO of PIACL to stop working in the capacity of Chief Executive officer of the PIA and fixed next hearing after two weeks.

In the meantime, the court has allowed the Board of Directors of the PIA to run the affairs of the company and also exercise the functions of the Chairman/ CEO of the Airline.

Copyright Mettis Link News

Related News

Why OGDC is Pakistan's best energy bet

Cherat Packaging profit drops 72% in 1HFY26

At-Tahur plans Rs900m Sukuk to strengthen working capital

Name	Price/Vol	%Chg/NChg
KSE100	173,169.71 245.48M	0.58% 999.42
ALLSHR	103,952.96 533.68M	0.46% 476.31
KSE30	53,042.90 95.92M	0.73% 384.11
KMI30	242,931.39 83.21M	1.01% 2420.10
KMIALLSHR	66,507.09 270.16M	0.79% 519.06
BKTi	51,058.55 42.50M	0.09% 45.65
OGTi	34,159.98 10.77M	1.77% 594.51

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	67,820.00	68,450.00 66,565.00	615.00 0.92%
BRENT CRUDE	71.70	72.34 71.06	0.04 0.06%
RICHARDS BAY COAL MONTHLY	96.00	0.00 0.00	-3.50 -3.52%
ROTTERDAM COAL MONTHLY	105.50	0.00 0.00	-1.45 -1.36%
USD RBD PALM OLEIN	1,071.50	1,071.50 1,071.50	0.00 0.00%
CRUDE OIL - WTI	66.37	67.03 65.81	-0.03 -0.05%
SUGAR #11 WORLD	13.86	14.02 13.61	0.16 1.17%