19 January 2017
Muscat – The shareholders of Port Services Corporation (PSC) have agreed to defer the company’s liquidation until January 2018. PSC held an extraordinary general meeting (EGM) of its shareholders on Tuesday which agreed to nullify the decision resolved in the company’s second EGM held on December 7, 2016 to liquidate the company with effect from January 1. 2017.
The PSC will operate and manage PSQ for another year as the Ministry of Transport
and Communications recently agreed to extend the concession agreement up to December 31, 2017.
The EGM unanimously agreed to defer the liquidation until January 2018 after the expiry of the concession agreement …
Read the full article at: http://www.zawya.com/mena/en/story/Omans_PSC_shareholders_agree_to_defer_liquidation_plan-ZAWYA20170119055109/