Transaction of 169,500 shares of Pakistan Hotels Developers Limited


Karachi, Pakistan Hotels Developers Limitedinformed Pakistan Stock Exchange about transaction of shares of the company. 118,500 shares @ Rs. 83.45 per share were bought from the market on December 26, 2017 and 51,000 shares @ Rs. 84.00 per share were bought from the market on December 26, 2017 through CDC.
Pakistan Hotels Developers Limited (Formerly TajMahal Hotels Limited) (Company) was incorporated in 1979 at Karachi, Pakistan under the Companies Act, 1913 (now Companies Ordinance, 1984) as a private limited company and converted into public limited company in 1981. The company is listed with Pakistan Stock Exchange. The registered office of the company is situated at 195/2, Shahrah-e-Faisal, Karachi. The company is principally engaged in hotel business and owns and operates a Five Star Hotel known as Regent Plaza Hotel and Convention Centre, Karachi.

Regent Plaza Hotel & Convention Centre, Karachi features 413 rooms and extensive conferencing facilities. The Hotel also boasts two tempting restaurants; a Coffee shop serves round the clock, a well equipped fitness center, tennis courts, spa, secretarially maintained business center and sun-drenched outdoor swimming pool.

The symbol “PHDL” is being used by the stock exchanges for the shares Pakistan Hotels Developers Limited.