Karachi: Pakistan Services Limited has officially addressed circulating stories on social media regarding a purported split of Pearl Continental Hotels, stating that they have no knowledge of such developments. The company, which owns and operates the Pearl Continental Hotels, released a clarification on September 7, 2026, to dispel these rumors.
According to information available from the Pakistan Stock Exchange (PSX), Pakistan Services Limited emphasized its lack of awareness about any shareholder information or notifications concerning the alleged split. The company has reiterated its position that it is not in a position to comment further on the matter.
The company also highlighted that there are ongoing legal cases related to its shareholding, which are currently under consideration by the Islamabad High Court. These cases remain unresolved and pending adjudication.
Pakistan Services Limited has reaffirmed its commitment to transparency and to keeping its shareholders, regulators, and the public informed of any significant developments. The company stated that any changes necessitating disclosure under applicable laws and regulations will be communicated to the Exchange and made public in accordance with legal requirements.