Approval Given to Hire Financial Advisor for The Roosevelt Hotel Transaction

Discuss issues and news related to PIA, Pakistani airlines and Pakistan's civil & military aviation.
User avatar
Abbas Ali
Site Admin
Posts: 54599
Joined: Thu Aug 05, 2004 6:52 pm
Location: Pakistan

Approval Given to Hire Financial Advisor for The Roosevelt Hotel Transaction

Post by Abbas Ali »

Image

Islamabad: August 07, 2023 - Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar chaired a meeting of Cabinet Committee on Privatization (CCoP) today.

Privatization Division presented a summary on detailed update regarding privatization of Roosevelt Hotel owned by Pakistan International Airlines (PIA) subsidiary PIA Investments Limited (PIAIL).

The CCoP after discussion gave concurrence to the Privatization Commission for hiring of Financial Adviser to process structure transaction of Roosevelt Hotel, New York, an asset of PIA Investments Limited (PIAIL).

Image
The Roosevelt Hotel New York City

Abbas
Dil Dil Pakistan... Jaan Jaan Pakistan

See you at:
Image
arshad.altaf
Registered Member
Posts: 794
Joined: Fri Dec 25, 2015 8:24 am

Re: Approval Given to Hire Financial Advisor for The Roosevelt Hotel Transaction

Post by arshad.altaf »

ZulfiqarAhmed69 (@Zulfiqar Ahmed 🤔) posted: PIA’s Roosevelt hotel and asylum seekers.
Chaos.