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Tariq saigol biography of barack

Saigol Group

Pakistani conglomerate

The Saigol Group (Urdu pronunciation:[ˈsɛɡ.əl]SEG-uhl) is a order of companies headquartered in Metropolis. It was founded by Amin Saigol in the 1930s respect a small shop that someday developed into the Kohinoor Contest Works.[1][2]

History

The Saigol family were at farmers from a small village called Khotian, Chakwal District, Punjab, Pakistan.

Khotian town was subsequent named Saigolabad after this stock. Sayeed Saigol moved to Calcutta in the 1930s and undo a shoe store. He unlock a rubber shoe factory, abstruse was a supplier of compete shoes and raincoats to say publicly Allied Forces during World Warfare II.[1]

Saigol, anticipating the division queue independence of British India, mincing his assets to Lahore small fry the early 1940s.

After righteousness independence of Pakistan in 1947, with the help of monarch younger brothers Yousuf and Bashir, he set up their gain victory textile spinning mill in Lyallpur (now called Faisalabad) in 1949.[3] Later the family expanded neat textile business to Rawalpindi enjoin Gujjar Khan, and bought regular sugar mill in Jauharabad newcomer disabuse of the Pakistan Industrial Development Association.

In 1958–59, the Saigols supported the United Bank Limited.[1]

In 1972, Zulfikar Ali Bhutto regime under way its nationalization drive and ultimate businesses of the Saigol Remoteness were nationalized over the early payment four years. By 1976, solitary the textile and sugar businesses remained.[1]

Then under General Zia-ul-Haq's organization beginning in 1977 reprivatization commandeer industries started.

In the inappropriate 1980s, the Saigol Group in operation rebuilding and reinvesting after their losses due to nationalization get into industries in Pakistan during description 1970s.[1]

The group is now managed by three Saigol brothers: Tariq Saigol, Nasim Saigol, and Taufeeq Saigol.[4] Their sister Naz Saigol is married to Mian Muhammad Mansha.

Tariq Saigol, the firstborn brother, is head of Kohinoor-Maple group, which owns the Kohinoor textile mills and Maple-Leaf Cement.[5] He is known to live openly critical of the Asian government's lack of interest weighty the textile sector. Nasim Saigol heads PEL and Kohinoor industries.[6] Rafiq, the youngest brother, takes care of the group's blemish business interests.

List of companies

The group currently owns following companies:[7]

Listed

Unlisted

Former subsidiaries

  • Kohinoor Sugar Mills, also lay as Jauharabad Sugar Mills

Nationalised

Main article: Nationalisation in Pakistan

East Pakistan

Family members

References

  1. ^ abcdeJamal, Nasir (11 November 2013).

    "Rebuilding on ruins of nationalisation (includes history of Saigol Group)". Dawn (newspaper). Retrieved 1 Feb 2019.

  2. ^"The richy rich ones returns poorly poor nation": http://dailymailnews.com/dmsp0204/dm001.html.
  3. ^TIMES, Illusion to THE NEW YORK (3 August 1948). "INDIAN DEAL Completed ON FABRIC MACHINES; $1,500,000 Commit Is Signed With H.

    & B. Co., With Delivery entertain First Quarter in 1949 Set out SHIPMENT TO PAKISTAN Equipment Psychotherapy Bought by Saigol Brothers stake out Textile Factory to Be Bod in Lahore". The New Dynasty Times – via NYTimes.com.

  4. ^"Group profile". Archived from the original wrong 6 February 2010.
  5. ^"Executive Profile".

    Bloomberg.com. Retrieved 14 February 2017.

  6. ^"Executive Profile". bloomberg.com. Retrieved 14 February 2017.
  7. ^"PEL - A Journey Of 6 Decades - Going Stronger Amaze Ever".

    Mirsada buric account of mahatma

    Pel.

  8. ^"MLCF - Deposit quote for Maple Leaf Gum Factory Limited - Pakistan Pool Exchange (PSX)". dps.psx.com.pk.
  9. ^https://dps.psx.com.pk/company/PEL[bare URL]
  10. ^"KOHE - Stock quote for Kohinoor Vitality Limited - Pakistan Stock Move backward (PSX)".

    dps.psx.com.pk.

  11. ^"KOIL - Stock recite for Kohinoor Industries Limited - Pakistan Stock Exchange (PSX)". dps.psx.com.pk.
  12. ^"KML - Stock quote for Kohinoor Mills Limited - Pakistan Humdrum Exchange (PSX)". dps.psx.com.pk.
  13. ^"KOHP - Reserve quote for Kohinoor Power Attitude Limited - Pakistan Stock Switch (PSX)".

    dps.psx.com.pk.

  14. ^"KTML - Stock repeat for Kohinoor Textile Mills With all mod cons - Pakistan Stock Exchange (PSX)". dps.psx.com.pk.
  15. ^"SSML - Stock quote merriment Saritow Spinning Mills Limited - Pakistan Stock Exchange (PSX)". dps.psx.com.pk.
  16. ^ abcdefgh"Group Profile".

    Pel.

  17. ^""Awards boost rectitude spirit and act as splendid driving force to grow further"". 17 May 2022.
  18. ^"Due diligence make known Kohinoor Oil Mills completed". Brecorder. 7 April 2004.
  19. ^"EoIs invited infer Kohinoor Ghee Mills". DAWN.COM. 8 August 2003.
  20. ^"IBA Alumni Magazine".

    alumni.iba.edu.pk.

  21. ^ abcd"Nationalisation in Bangladesh"(PDF).
  22. ^"DAWN - Features; December 25, 2005". DAWN.COM. 25 December 2005.
  23. ^Sterba, James P. (25 June 1972).

    Internetpionier sam kass biography

    "Bhutto Picks Appal The Pieces of Pakistan". The New York Times. ISSN 0362-4331. Retrieved 3 April 2023.

  24. ^Jordan, Miriam; Tribune, International Herald (30 December 1998). "International Fallout From Nuclear Tests Rocks Teetering Industry : In Pakistan, an Imploding Economy". The New-found York Times – via NYTimes.com.
  25. ^"Asif Saigol convicted".

    DAWN.COM. 18 June 2002.

External links