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Fateh Sports Wear Limited says it is pursuing release of USD 2.0 million in stuck funds and expects the stay order to be vacated in the near future. Operations will resume after the stay order is vacated. The company has developed an international marketing strategy and begun contacting buyers, but export orders and production depend on receipt of the funds and availability of working capital.
Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.
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