Premium Textile Mills approves Rs20m investment in recover Pakistan JV
Premium Textile Mills Limited (PSX: PRET) has approved an equity investment of up to Rs20 million in Recover Pakistan (Private) Limited, a proposed joint venture company with Recover HoldCo, Inc.
September 11, 2026 (MLN): Premium Textile Mills Limited (PSX: PRET) has approved an equity investment of up to Rs20 million in Recover Pakistan (Private) Limited, a proposed joint venture company with Recover HoldCo, Inc. The Board of Directors approved the proposal through a Circular Resolution dated September 10, 2026. The proposed investment is intended for the sourcing, sale and trading of recycled cotton fiber...