Fateh Sports Wear looks to resume operations soon

MG News | July 17, 2025 at 02:42 PM GMT+05:00

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July 17, 2025 (MLN): Fateh Sports Wear Limited (PSX: FSWL) has reported active efforts to resume its operational activities amid pending financial constraints.

In its progress report, the management stated that it is constantly pursuing the case for the release of a stuck-up amount of $2 million and is expecting the vacation of the stay order in the near future.

"As soon as the stay order is vacated, the Company shall resume its operation activities," the report reads.

Meanwhile, the management has already developed a marketing strategy to promote and sell its products in the international market.

The company has started making contacts with potential buyers to secure export orders and remains hopeful that, upon receipt of the stuck-up funds and the availability of working capital, production activities will begin in the shortest possible time.

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