AIRLINK 191.84 Decreased By ▼ -1.66 (-0.86%)
BOP 9.87 Increased By ▲ 0.23 (2.39%)
CNERGY 7.67 Increased By ▲ 0.14 (1.86%)
FCCL 37.86 Increased By ▲ 0.16 (0.42%)
FFL 15.76 Increased By ▲ 0.16 (1.03%)
FLYNG 25.31 Decreased By ▼ -0.28 (-1.09%)
HUBC 130.17 Increased By ▲ 3.10 (2.44%)
HUMNL 13.59 Increased By ▲ 0.09 (0.67%)
KEL 4.67 Increased By ▲ 0.09 (1.97%)
KOSM 6.21 Increased By ▲ 0.11 (1.8%)
MLCF 44.29 Increased By ▲ 0.33 (0.75%)
OGDC 206.87 Increased By ▲ 3.63 (1.79%)
PACE 6.56 Increased By ▲ 0.16 (2.5%)
PAEL 40.55 Decreased By ▼ -0.43 (-1.05%)
PIAHCLA 17.59 Increased By ▲ 0.10 (0.57%)
PIBTL 8.07 Increased By ▲ 0.41 (5.35%)
POWER 9.24 Increased By ▲ 0.16 (1.76%)
PPL 178.56 Increased By ▲ 4.31 (2.47%)
PRL 39.08 Increased By ▲ 1.01 (2.65%)
PTC 24.14 Increased By ▲ 0.07 (0.29%)
SEARL 107.85 Increased By ▲ 0.61 (0.57%)
SILK 0.97 No Change ▼ 0.00 (0%)
SSGC 39.11 Increased By ▲ 2.71 (7.45%)
SYM 19.12 Increased By ▲ 0.08 (0.42%)
TELE 8.60 Increased By ▲ 0.36 (4.37%)
TPLP 12.37 Increased By ▲ 0.59 (5.01%)
TRG 66.01 Increased By ▲ 1.13 (1.74%)
WAVESAPP 12.78 Increased By ▲ 1.15 (9.89%)
WTL 1.70 Increased By ▲ 0.02 (1.19%)
YOUW 3.95 Increased By ▲ 0.10 (2.6%)
BR100 11,930 Increased By 162.4 (1.38%)
BR30 35,660 Increased By 695.9 (1.99%)
KSE100 113,206 Increased By 1719 (1.54%)
KSE30 35,565 Increased By 630.8 (1.81%)

Gohar Ejaz group has made a clean sweep for second consecutive year in All Pakistan Textile Mills Association (APTMA) annual elections for 2011-12. The sitting Gohar Ejaz group is likely to secure all 12 seats of Central Management Committee (CMC), as no nomination paper was filed by the opponents for APTMA annual elections 2011-12.
Those who submitted their nomination papers for APTMA CMC included Khawja Asim Khurshid, Syed Ali Ahsan, Wisal A. Monnoo, Shaikh Muhammad Akbar, Ahsan Bashir, Muhammad Asif, Atta Shafi Tanveer Sheikh, Muhammad Ismail Khurram from Punjab region, Ziad Bashir, Afzal Omar, Muhammad Jamil Qassim, Salim Shakoor, Khurram Inam, Amanullah Kassim and Tariq Saud from Sindh region and Osman Saifullah Khan from Khyber-Pakhtunkhwa region. It may be noted that all of them are from the Gohar Ejaz group.
Gohar Ejaz group has emerged as a saviour of the textile industry over a short period of two years. This group had defeated the Jehangir Monnoo and Mansha groups last year's elections. It may be noted that the Gohar Ejaz group gave the vision of free market mechanism to the industry as well as the government during the outgoing year, resulting into record textile exports of $14 billion. Also, the vision of free market mechanism transferred more than Rs 200billion to the cotton growers in the form of better prices of their produce besides saving the whole textile chain from devastating effects of present downward trend in cotton prices internationally.
Gohar Ejaz said he is grateful to Almighty Allah for the success in APTMA annual elections. He also appreciated the APTMA members for reposing unstinting confidence and trust on his leadership. He said his group would continue serving the textile industry ahead. According to him, the government should immediately announce one-off 5 percent interest rate remission support on outstanding balances of short- as well as long-term loans as on 30th June 2011 besides ensuring energy security to the textile industry.

Copyright Business Recorder, 2011

Comments

Comments are closed.