Fateh Sports Wear nears operations restart

MG News | January 01, 2026 at 05:03 PM GMT+05:00

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January 01, 2026 (MLN): Fateh Sports Wear Limited (PSX: FSWL) said the company’s management continues to actively pursue the release of a stuck amount of $2.0 million.

The company expects the vacation of the stay order in the near future, which would allow Fateh Sports Wear to resume its operational activities.

According to the quarterly progress update, once the stay order is vacated, Fateh Sports Wear plans to restart operations without delay.

In the meantime, the management has already formulated a comprehensive marketing strategy focused on promoting and selling the company’s products in international markets.

The company has also initiated contacts with potential overseas buyers to secure export orders and expressed optimism that, upon receipt of the stuck funds and availability of working capital, production activities will commence in the shortest possible time.

Fateh Sports Wear Limited added that further progress reports will be submitted by the 15th day of every quarter, in line with the listing regulations of the Pakistan Stock Exchange.

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