FSWL expects vacation of stay order to resume operations

MG News | July 04, 2022 at 01:46 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

July 04, 2022 (MLN): Fateh Sports Wear Limited (FSWL) has informed that the management of the company is constantly pursuing the case for releasing the stuck-up amount of $2 million and expecting a vacation of stay order from the Honorable High Court of Sindh in order to resume its operations, the progress report of the company revealed today.

“As soon as stay order is vacated, the company shall resume its operation activities,” it said.

Meantime, the management of the company has developed a marketing strategy to promote and selling of their products to the international market.

A list of expected buyers is being made and contacted for obtaining export orders.

The management is quite hopeful that on receipt of stuck-up funds and availability of working capital, production activities will be started in the shortest possible time.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	177,166.52 410.56M	0.33% 574.76
ALLSHR	107,641.65 676.88M	0.48% 519.21
KSE30	52,670.80 88.28M	0.39% 203.40
KMI30	251,460.53 103.06M	0.76% 1891.30
KMIALLSHR	69,413.38 509.62M	0.79% 544.65
BKTi	49,984.79 26.85M	-0.30% -151.57
OGTi	36,423.05 16.04M	1.47% 527.97

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	77,540.00	78,915.00 76,745.00	360.00 0.47%
BRENT CRUDE	93.60	94.83 92.74	-0.18 -0.19%
RICHARDS BAY COAL MONTHLY	110.30	110.50 110.30	0.05 0.05%
ROTTERDAM COAL MONTHLY	125.25	125.25 125.25	1.50 1.21%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	86.64	87.51 85.80	-0.19 -0.22%
SUGAR #11 WORLD	17.60	17.89 17.16	0.08 0.46%