Fountain sews thread cos Goldlink & Goldfolk in its fold
22 Jul '05
3 min read
The principal business activities of Goldlink and Goldfolk are the trading of sewing threads and yarns, respectively. Upon the completion of the agreement, Mr. CHOW Pong Sing has resigned as director of Goldlink, Goldfolk and Dongguan Goldlink.
“On behalf of the Group, I would like to express our warmest gratitude to Mr CHOW who has contributed to the business development of Goldlink and Goldfolk over the years, and to wish him every success for the future,” concluded Mr HA.
For details of the agreement, please refer to the announcement dated July 22, 2005 at www.fshl.com.
Fountain Set (Holdings) Limited and its subsidiaries are renowned for our expertise and experience in the production and sales of knitted fabrics. Fountain Set is recognised in the industry as the world's largest circular knitted fabric manufacturer and has long been a dynamic driving force in the worldwide textile industry through our vertically integrated operations in pinning, knitting, dyeing, printing and finishing.
Our product range also includes dyed yarns, sewing threads and garments. As a major fabric supplier to garment manufacturers in over 40 countries that supply to internationally renowned retail brands, we are proud to have our products enjoyed by consumers of all ages around the globe. In fiscal year 2004, worldwide sales reached HK$6.77 billion (US$868 million).
Headquartered and listed in Hong Kong, Fountain Set (Holdings) Limited has production facilities in the PRC, Sri Lanka and Indonesia. We also set up overseas marketing / representative offices in 8 countries with a global staff force of approximately 22,000.