PHDC
Cairo – Mubasher: Palm Hills Developments (PHD) on Tuesday said its vice chairman Timothy Collins has resigned his post.
"I am leaving the Board of PHD as a result of having to manage various competing investments. Having spent a few years with the Company, I am privileged to have contributed to a leading real estate developer in Egypt," Collins stated.
The resignation will be ratified by the board in their next meeting.
Meanwhile, Palm Hills’ chairman Yasseen Mansour said that Collins’ “distinguished contribution to the company has helped [Palm Hills] become the most distinguished name in the real estate industry".