Related Keywords: Chinese textile company, Massod Textile Mills, Shandong Ruyi, Share Purchase Agreement, vertically integrated textile company
A group of investors led by a Chinese company Shandong Ruyi Science and Technology Group, who were to acquire Masood Textile Mills Faisalabad-based, vertically-integrated textile manufacturing company with in-house yarn, knitting, fabric dyeing, processing, laundry and apparel manufacturing facilities has withdrawn the public announcement of its intention to acquire up to 52% shares of Masood Textile Mills.