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Masood Textile Mills was founded in 1984. In 2014 it posted a pre-tax profit of Rs 1.1 billion, which was 13% higher than its pre-tax earnings in the preceding year. Shanghai Challenge Textile Company acquired 24.3% shares in Masood Textile Mills in a privately negotiated deal. [2] [3] It later acquired 52% stake of the company. [4]
Shahid Nazir, Pakistani businessman, CEO of Masood Textile Mills [13] Abdul Rashid Soorty, Pakistani businessman, owner of Soorty Enterprise [13] Shahzeb Budhani, Pakistani Business tycoon, CEO of Real State development of Pakistan [13] Panama. Ramón Fonseca Mora, co-founder of law firm Mossack Fonseca which is central to the investigation [229]
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The complaint names specific areas where rents are artificially high. Beyond the part of San Diego where Pickens lives, those areas include South Orange County, Rancho Cucamonga, Temecula ...
Pakistan has recalled opening batter Imam-ul-Haq for the two-test series against the West Indies starting in Multan at next week. Imam played his last test match against Australia in December 2023 ...
Piece goods were the textile materials sold in cut pieces as per the buyer's specification. The piece goods were either cut from a fabric roll or produced with a certain length, also called yard goods. Various textiles such as cotton, wool, silk, etc., were traded in terms of piece goods. The prices were determined as per the fabric quality.
The textile and apparel industry is the major industry in Faisalabad. It is also responsible for almost 60-80% of the export revenue [ citation needed ] of Pakistan. The Faisalabad Chamber of Commerce and Industry (FCCI) and Pakistan Hosiery Manufacturers Association (PHMA) are the regulatory bodies for all textile and apparel manufacturers in ...