FSWL seeks release of $2m in stuck funds, expects stay order lift

MG News | April 09, 2025 at 01:35 PM GMT+05:00

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April 09, 2025 (MLN): Fateh Sports Wear Limited (PSX: FSWL) is constantly pursuing the case for releasing of stuck-up amount of $2 million and expecting a vacation of stay order in the nearest future.

As soon as the stay order is vacated, the company shall resume its operation activities, the company’s filing on PSX revealed today.

Meanwhile, the management of the company has already developed a marketing strategy to promote and sell the company’s products to the international market.

Furthermore, the company has already started making contacts with the buyers for obtaining export orders and 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.

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