Pakistan Services Limi-ted (PSX: PSEL) was established in 1958 under the Companies Act, 1913 (now, Companies Act, 2017). It owns and runs a hotel chain “Pearl Continental”. It also grants franchise for use of its trademark and name.
Shareholding pattern
As at June 30, 2022, foreign companies hold nearly 55 percent shares in the company. Castle Participations Inc. and Dominion Hospitality Investments Limited are major shareholders within this category. Associated…