Chinese shareholders to sell 18.31% stake in Masood Textile to UAE firm
Masood Textile Mills Limited (PSX: MSOT) has disclosed a proposed change in shareholding, with two Chinese shareholders agreeing to divest stakes to a UAE-based buyer.
August 04, 2026 (MLN): Masood Textile Mills Limited (PSX: MSOT) has disclosed a proposed change in shareholding, with two Chinese shareholders agreeing to divest stakes to a UAE-based buyer. Shanghai Challenge Textile Co., Ltd., which holds 17,396,833 ordinary shares of MTM representing approximately 25.77% of the issued and paid-up share capital, has entered into an agreement with Velora Global Ventures F.Z.C. for...