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Shanghai Challenge Textile to purchase 24% shares of Masood Textile

byWaqar Ahmed Ansari
16/12/2014
in Uncategorized
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KARACHI: China has decided to invest in Pakistan textile industry and will purchase 24 percent shares. The companies of Pakistan and China have decided to work together in this regard. Shanghai Challenge Textile Company will purchase 24 percent shares of local Masood Textile Company. It happens for the first time that a Chinese company purchased the shares of a Pakistani textile company.

Tags: purchase 24% shares of Masood TextileShanghai Challenge Textile

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