Resumption of operations in sight for Fateh Sports Wear

MG News | January 02, 2024 at 01:28 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

January 02, 2024 (MLN): Fateh Sports Wear Limited is actively pursuing the release of the stuck amount of $2 million and anticipates a swift resumption of operations once the stay order is vacated in the near future, as revealed in the company's progress report issued to local bourse today.

Meantime, the management of the company has developed a marketing strategy to promote and sell products to the International Market.

Moreover, the company has already started making contacts with the buyers to obtain export orders and is quite hopeful that on the receipt of stuck-up funds and availability of working capital, production activities will start soon.

"Further progress reports will be submitted by the 5th day of every quarter," the notice concludes.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	176,466.99 391.91M	-0.29% -508.69
ALLSHR	107,178.51 781.97M	-0.24% -253.36
KSE30	52,632.43 92.87M	-0.13% -70.29
KMI30	251,849.50 126.87M	0.08% 192.66
KMIALLSHR	69,352.60 533.28M	-0.09% -65.04
BKTi	49,554.95 34.44M	-0.88% -441.23
OGTi	36,109.95 10.99M	0.10% 35.12

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	77,985.00	79,530.00 77,710.00	-1260.00 -1.59%
BRENT CRUDE	92.68	92.80 90.70	2.19 2.42%
RICHARDS BAY COAL MONTHLY	122.50	122.50 122.00	1.60 1.32%
ROTTERDAM COAL MONTHLY	135.00	135.00 133.95	1.20 0.90%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	88.21	88.38 86.13	2.45 2.86%
SUGAR #11 WORLD	17.86	18.14 17.67	0.05 0.28%