Resumption of operations in sight for Fateh Sports Wear

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

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	118,092.37 87.17M	-1.61% -1930.87
ALLSHR	73,728.96 254.76M	-1.64% -1227.99
KSE30	36,021.09 39.70M	-1.40% -512.14
KMI30	174,087.83 46.03M	-2.00% -3560.24
KMIALLSHR	50,446.02 148.99M	-1.88% -966.94
BKTi	30,072.60 11.52M	-0.30% -89.25
OGTi	26,492.55 4.72M	-1.91% -515.95

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	101,945.00	102,275.00 99,090.00	-1475.00 -1.43%
BRENT CRUDE	77.62	81.40 77.13	0.61 0.79%
RICHARDS BAY COAL MONTHLY	88.00	0.00 0.00	-3.35 -3.67%
ROTTERDAM COAL MONTHLY	103.85	0.00 0.00	0.10 0.10%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	74.43	78.40 73.94	0.59 0.80%
SUGAR #11 WORLD	16.61	16.65 16.58	0.04 0.24%