Pakistan Hotels Developers Limited ne Regent Plaza Hotel ka title SIUT Trust ko transfer karne ki tamam approvals hasil kar li hain.
Pakistan Hotels Developers Limited ne apni property Regent Plaza Hotel ko bechne ke liye jo agreement kiya tha uske mutabiq, designated authorities se zaroori approvals mil gaye hain aur title transfer ka process is mahine mukammal ho jayega.
November 15, 2023 ko original sale agreement aur July 1, 2024 ko 3rd Addendum ke mutabiq, SIUT Trust ne company ko 80% sale proceed pay kar diya hai, jo pehle di gayi 10% down payment ke ilawa hai. Baaqi 10% amount title transfer mukammal hone par pay ki jayegi. Physical possession SIUT Trust ko 90% payment ke saath handover kar diya gaya hai, PSX ko diye gae notice mein bataya gaya.
Company apne operations July 17, 2024 tak jari rakhegi, jis ke baad hotel ke tamam operations khatam ho jayenge.
