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PHDL, SIUT Extend Execution Period for Regent Plaza Sale Once Again

5 min read
Legal Expert
PHDL, SIUT Extend Execution Period for Regent Plaza Sale Once Again
Pakistan Hotels Developers Limited (PHDL) and SIUT Trust 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. May 11, 2024. In a notice to Pakistan Stock Exchange (PSX), PHDL said that the new deadline is now set for August 07, 2024. The other clauses of agreement will remain enforceable, as original, the notice added. PHDL and SIUT previously extended the deadline of the execution of the sale of Regent Plaza by an additional 90 days from previous last date of agreement execution i.e. February 11, 2024.
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Written by the expert legal team at Javid Law Associates. Our team specializes in corporate law, tax compliance, and business registration services across Pakistan.

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