Port Service Corp rebuffs extension offer for Muscat Port operation
Port Services Corporation (PSC), which operates and manages Muscat’s Mina Sultan Qaboos, says it has declined an offer from the government to extend the current operatorship license for an additional year. Instead, it is going ahead with a decision to convene an Extraordinary General Meeting (EGM) of company shareholders, scheduled to take place on November 7, 2016, seeking the liquidation of the 30-year-old public joint stock company. (Oman Observer)
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