Masood Textile Mills Limited (PSX: MSOT) has successfully completed the Sukuk issue of Rs. 2,000 million carrying a rental rate of 3-month KIBOR + 1.75% per annum over a tenor of 5 years (inclusive of a 9-month period).
The company said the purpose of this Sukuk was to repay existing conventional debt and meet its working capital requirement.
The main objects of the Company are the manufacturing and sale of cotton/ synthetic fiber yarn, knitted/dyed fabrics, and garments.
ProPakistani is the premier and most trustworthy resource for all happenings in technology, telecom, business, sports, auto, education, real estate and entertainment news in Pakistan.
Whether it's the top trending news, inside scoops or features, interviews, market trends and analysis, product reviews, How to's or tutorials – we cover it all.
© 2026 ProPakistani.PK - All rights reserved
