Obaid-Ur-Rehman

MMS193016
SUBMITTED TO DR Ahmad Fraz
Strategic Finance
ASSIGNMENT NO. 1
1. 40 industrial biggest groups in Pakistan
NISHAT Group: Owner (Mian Mansha)
Nishat Group is a Business Conglomerate Headed by Country's Richest Man Mian
Muhammad Mansha Yahya. Mian Muhammad Mansha has attained Position of Richest
Pakistani for last 15 Years. Mansha owns around 60 Companies. Bought of MCB Bank
Played a Pivotal Role in Building his Vast Financial Empire. Mansha, who owns the Muslim
Commercial Bank has also setup a $ 17m Paper Mill, Nishat Shuaiba.
After 1979, Mian Mansha Set Up Pakistan's Largest Textile Complex of 7 Mills at Nishat-
Abad in the City of Faisalabad. Mian Mansha Possess Unmatched Influence in Textile
Industry of Pakistan. Nishat Group is Pakistan's Largest Textile Exporter with Exports of
above $1 Billion. Mian Mansha's Tussle with Big Business Groups like Adamjee, Monnoo
and Tawakkal is all known fact.
Nishat Group was country's 15th richest family in 1970, 6th in 1990 and Number 1 in 1997.
Mansha is on the board of nearly 50 companies. He is deemed to have made investments in
many bourses, currency and metal exchanges both within and outside Pakistan. He could
have bought the United Bank too, but then who doesn't have adversaries. Nishat Group
comprises of Textiles, Cement, Leasing, Insurance Management and Real Estate Companies.
If Mansha was bitten by Bhutto's nationalization stint of 1970, Business Analysts suggest he
was hugely benefited from Nawaz Sharif's Privatization Program.
The Group owns one of The Biggest Companies of Pakistan, which include:
 MCB Bank
MCB Bank is one of the four largest banks of Pakistan. It is considered as 'Big 4' of
Pakistan. The bank was incorporated by Adamjee Group and it was nationalized by then
Prime Minister Zulfikar Ali Bhutto. In 1990s, it was privatized by then Prime Minister
Nawaz Sharif's government and came under Nishat Group. In 2015, the bank generated
around ₨66.43 billion which makes it one of the well performing banks of Pakistan.
 DG Khan Cement
DG Khan is a major Pakistani cement manufacturer which the group acquired in 1992
under privatization scheme. It has three active plants in the country. It generates around
Rs. 2.2 billion per year. It has a production capacity of 24,000 tons per day.
 Nishat Automobile
In February 2017, it was announced that both companies are venturing to assemble cars in
Pakistan. In March 2017, it was announced that Nishat Group will setup their first plant in
Faisalabad, Pakistan which will assemble electric cars. Nishat Group will have 42% stake
in the venture.
Other lists of companies owned by Nishat Group companies is as follows:
 Nishat Textiles
 Nishat Power
 Nishat Properties
 Nishat Hotels
  Hyundai Nishat Motors
 Nishat Emporium
 Nishat Linen
 Adamjee Life Assurance Limited
 Nishat Dairy (Private) Limited
 Nishat Hospitality (Private) Limited
 Nishat Papers Products Company Limited
 Pakistan Aviators & Aviation
 Security General Insurance Company Limited
 Nishat Hotels and Properties Limited
 Nishat (Aziz Avenue) Hotel and Properties Limited
 Nishat (Gulberg) Hotel and Properties Limited
 Nishat (Raiwind) Hotel and Properties Limited
 Nishat Agriculture Farming (Private) Limited
 Nishat Automobile (Private) Limited
 Nishat Developers (Private) Limited
 Nishat Commodities (Private) Limited
 Lalpir Solar Power (Private) Limited
 Nishat Real Estates Development Company (Private) Limited
 Nishat Farms Supplies (Private) Limited
 Nishat International FZE
 Nishat Global China Company Limited
 Nishat UK (Private) Limited
 Nishat Linen Trading LLC
 Nishat USA Inc.
2. Hashoo Group: Owner (Sadruddin Hashwani)
Hashoo Group is a Pakistani conglomerate company which is active in hospitality, oil and gas
sectors. It was founded in 1960 by Saddaruddin Hashwani in Karachi. Hashoo Group was
established in 1960 as Hassan Ali & Company, a commodities trading company based in
Karachi Port. By the 1970s, it had become one of Pakistan's largest trading companies.
However, in 1972, Government of Pakistan nationalised cotton and rice exports leading the
Hashoo Group to diversify into hospitality sector. In 1978, the group established Holiday Inn
Hotel in Karachi, and then another one in Islamabad in 1981. Both of the hotels were
converted into Marriott brand in the 1990s. In 1985, the group made a successful bid for the
majority shares of Pakistan Services Limited, which then owned four Inter-Continental
Hotels across Pakistan, the hotels were re-branded into Pearl-Continental Hotels. In 1995,
Hashoo Group acquired the US-based corporation Occidental Petroleum's Pakistan operations
(now known as Orient Petroleum Inc.). In 2001, it acquired the Destinations of the World
franchise in Pakistan. In 2012, the group launched Hotel One, a mid-range hotel chain in
Pakistan.
Companies of Hashoo group
 Pearl Tour & Travels (Pvt) Limited (car rental division)
 Pearl Tours & Travels (Pvt) Limited (Tours division)
  Trans Air Travels (Pvt) Limited
 Destinations of the World - Pakistan
 Marriott Hotels, Pakistan
 Pearl-Continental Hotels & Resorts with locations in all major cities of Pakistan
 Zaver Chemicals (Pvt) Limited
 Zaver Mining Company Limited
 Zaver Oils Limited
 Gelcaps (Pakistan) Ltd.
 Hashoo International (Pvt) Limited
 Hasan Ali & Company (Pvt) Limited
 Genesis Trading (Pvt) Limited
 Muzaffar and Companies
3. Dawood Group: Owner (Hussain Dawood)
Dawood Hercules Corporation Limited is a Pakistani conglomerate and investment company
which is based in Karachi, Pakistan. It has diversified holdings in Energy and Foods.
Company has a 37% ownership of subsidiary company Engro Corporation Limited. In July
2017 Dawood Hercules announced its intention of divesting its holding in Hub Power
Company and cease involvement in management.
 DYL Motorcycles: DYL Motorcycles was founded in 1976 as Dawood Yamaha
limited as a joint venture between the Dawood Group of Companies and Yamaha
Motor Company. In 2008, the company re branded itself to DYL Motorcycles. DYL's
manufacturing plants are located in Hub where its sister company Balochistan
Engineering Works produces the frame, fuel tank, rear arm, fenders, gears, hubs,
leavers, crank and cover case. The manufacturing plant for DYL motorcycles is based
in Uthal (Balochistan).
 Engro Corporation: is a Pakistani multinational conglomerate company with
subsidiaries involved in production of fertilizers, foods, chemicals, energy and
petrochemicals. Founded as a fertilizer company in 1965 by an American company
Esso on the Mari Gas field near Daharki, Sindh, with 75% of the shares owned by
Esso and 25% by the general public. The construction of a urea plant commenced at
Daharki in 1966 and production began in 1968. At US $43 million with an annual
production capacity of 173,000 tons, it was the single largest foreign investment by a
multinational corporation in Pakistan at the time.
4. House of Habib: Owner (Rafiq M Habib)
The House of Habib is a Pakistani conglomerate company which is based in Karachi,
Pakistan. The group was founded by Habib Esmail in 1841. It is a prominent Khoja business
family in Pakistan. The company has history going back to 19th century, when it started as
Khoja Mithabhai Nathoo in 1841 based in then Bombay as a family business. In 1891, a
family member named Habib Esmail helped the company to expand. From this, company
became a major trading firm. In 1921, his four sons joined the business when he established
Habib & Sons which went on to become today's HBL Pakistan or Habib Bank Limited.
The House of Habib holds an important place in Pakistan's early history. Habib Bank was
shifted to Pakistan on the personal request of its first Governor General Mohammad Ali
Jinnah. Mohammad Ali Habib came to the aid of the nascent state even before the
Government of Pakistan was ready to issue appropriate government paper with a Rs 80
million loan when the Reserve Bank of India failed to deliver Pakistan share of Rs 900
million held by it. It is said that Mohammad Ali Habib gave a blank cheque on Lloyds Bank
to Governor General Jinnah who wrote Rs 80 million in it.
The group owns following companies:
 Indus Motors Company
 Agriauto Industries Limited
 Agriauto Stamping Company (Private) Limited
 AuVitronics Limited
 Thal Limited
 Thal Boshoku Pakistan (Private) Limited
 Shabbir Tiles
 Metro Cash & Carry Pakistan
 Habib Insurance Company Limited
 Habib Metropolitan Bank subsidiary of Habib Bank AG Zurich.
5. Yunus Brothers Group (YBG): Owner ( Yunas Tabba)
Established in 1962 as a fabric trading business house, Yunus Brothers soon become one of
the largest conglomerates in Pakistan. Yunus Brothers Group, with investment in Textiles,
Cement, Construction, Real Estate, Energy, and Commodity trading business has an annual
turnover which exceeds US $ 750 million.
Lucky Cement is one of the largest producers and leading exporters of quality cement in
Pakistan and is listed on the Pakistan Stock Exchange (PSX). The company has also issued
Global Depository Receipts (GDRs), listed and traded on the Professional Securities Market
of the London Stock Exchange. Over the years, the Company has grown substantially and is
expanding its business operations with production facilities at strategic locations in Karachi
to cater to the Southern regions and Pezu, Khyber Pakhtunkhwa to furnish the Northern areas
of the country. Lucky Cement is Pakistan’s first company to export sizeable quantities of
loose cement being the only cement manufacturer to have its own loading and storage
terminal at Karachi Port.
Lucky Cement strives to remain an efficient and low cost producer and is one of the pioneers
to introduce and install Waste Heat Recovery and Refuse Derived Fuel (RDF) and Tyre
Derived Fuel (TDF) Plants in Pakistan. It also has self-sufficient Captive power generation
facility of 180 MW and supplies additionally generated electricity to support the National
grid. Lucky Cement owns a fleet of Bulkers & Trailers, which gives added advantage in
terms of logistics and efficient deliveries to all types of customers spread across the length
and breadth of the country.
The Group consists of the following
 Gadoon Textile Mills Limited
 Lucky Cement Limited
 Fazal Textile Mills Limited
 ICI Pakistan Limited
  Yunus Textile Mills Limited
 Lucky Textile Mills Limited
 Y.B. Pakistan Limited
 Lucky Energy (Private) Limited
 Y.B. Holdings (Private) Limited
 Lucky Knits (Private) Limited
 Lucky Holdings Limited
 Lucky Paragon Ready Mix Limited
 Lucky One (Private) Limited
 Yunus Energy Limited
 Lucky Commodities (Private) Limited
 Yunus Textile (Private) Limited
 Lucky Air (Private) Limited
 Royale Linen New Jersey – USA
6. Lakson Group: Owner (Iqbal Lakhani)
The Lakson Group is a Pakistani conglomerate company which is based in Karachi, Pakistan.
It was founded in 1954 and is owned by Lakhani family. The conglomerate is based in
Karachi, currently chaired by Iqbal Ali Lakhani and was founded in 1954. The company is
very diversified and has its interests in agri-business, call centres, consumer non-durables,
fast food, financial services, media, paper and board, printing and packaging, surgical
instruments, technology (data-networking, BPO, and software) and travel.
Lakson Group of Companies include:
Technology:
 Cybernet, internet, and Data Communication Network Service Provider.
 StormFiber, Internet, and television service provider.
 Sybrid (Private) Limited, business process outsourcing.
 Lakson Business Solutions Limited, IT provider.
 Ice Animations, VFX, and animation.
Media:
 Express News, Urdu-language TV news channel
 Express 24/7, English- 24-hours TV news channel (now closed down)
 Express Entertainment, Urdu-language Entertainment channel
 The Daily Express, No. 2 Urdu daily in Pakistan
 The Express Tribune, English-language newspaper
 Century Publications, incorporated in 1998, publishes Urdu and Sindhi daily
newspapers Express and Daily Sindh Express
 Tribune 24/7, English- 24-hours TV news channel
Financial Services:
 Century Insurance Company Limited, general insurance business
 Lakson Investments Limited, Pakistan's largest independent asset manager.
 Lakson Group's alliances
Lakson Group has alliances as follows:
 Colgate-Palmolive Pakistan, manufacture and sale of detergents, personal care, and
other related products in Pakistan
 McDonald's Pakistan, 53 restaurants in major cities of Pakistan
 Ajinomoto Lakson Pakistan (Private) Limited, produces seasonings, cooking oils, TV
dinners, sweeteners, amino acids, and pharmaceuticals
 Princeton Travels (Private) Limited, an IATA accredited travel agency and an active
member of major International travel forums.
7. Saigol Group: Owner (Tariq Saigol)
The Saigol Group, also known as Kohinoor Group, is a Pakistani conglomerate company
which is based in Lahore, Pakistan. The company was founded by Amin Saigol in the 1930s
with a small shop that eventually developed into the Kohinoor Rubber Works.
The group is managed by three Saigol brothers: Tariq Sayeed Saigol, Nasim, and Taufeeq.
Tariq Saigol, the eldest brother, is head of Kohinoor-Maple group, which owns the Kohinoor
textile mills and Maple-Leaf Cement. He is known to be openly critical of the Pakistani
government's lack of interest in the textile sector. Nasim Saigol heads PEL and Kohinoor
industries. Rafiq, the youngest brother, takes care of the group's other business interests.
Bashir Saigol was assigned the managing directorship of Kohinoor Textile Mills, Rawalpindi
and Conforce Limited. He is survived by son Iqbal Saigol, who heads his own small group.
After the division of the family silver, KTM Rawalpindi came to the lot of Tariq Saeed
Saigol who is now heading his own Kohinoor group.
The group currently owns following companies:
 Kohinoor Textile Mills, Faisalabad
 United Chemicals Limited, Kala Shah Kaku
 Kohinoor Engineering Limited, Kala Shah Kaku
 Kohinoor Ghee Mills Limited, Kala Shah Kaku
 Kohinoor Ginning Factory, Multan
 Kohinoor Sugar Mills, Liaquatabad
 Rachna Textile Mills, Gujjar Khan
 Saigol Computers
 Pak Elektron (PEL)
 Faisalabad Grammar School
 Kohinoor Energy
 Azam Textile Mills Limited, Lahore
 Saritow Textile Mills Limited, Lahore
 Kohinoor Motor Works, joint-venture with Qingqi Rickshaws
 The Four Seasons Private Limited
 Maple Leaf Cement
8. The Crescent Group: Owner (Saleem Altaf)
Crescent Textile Mills (Crestex) was founded in 1950. It’s a vertically integrated composite
textile unit and engaged in supreme quality manufacturing of Yarn, Greige/Processed
Fabrics, Home Textile, and Institutional Garments. 60+ years since its inception, the name of
Crestex.
They soon became Pakistan's biggest textile exporters. They were also joined in the business
by their two cousins. Crescent, today has the largest number of listed companies (22) in its
fold with assets exceeding Rs 10 billion. It is the soundest, if not the largest industrial
conglomerate in Pakistan and last of the 22 families which has remained united through thick
and thin, the best and the worst times for big business in Pakistan during last 50 years. The
group has twenty working members and can be truly called a joint venture of uncles, cousins
and nephews.
Crescent owned Companies
 Crescent Textile
 Crescent Spinning
 Shams Textile
 Elite Textile
 Crescot Mills
 Jubilee Spinning
 Surraj Cotton
 Crescent Steel
 Crescent Jute
 Shakarganj Sugar
 Crescent Sugar
9. Fatima Group: Owner (Fawad Ahmad Mukhtar)
Fatima Group was established in 1936 with trading of commodities and gradually entered
into the manufacturing of various products. The Group is engaged in trading of commodities,
manufacturing of fertilizers, textiles, sugar, mining and energy. The Group has made
exceptional progress in the last two decades and diversified into manufacturing of sugar and
fertilizers. The Group has a distinction of being the largest exporter of molasses and importer
of Di-Ammonium Phosphate (DAP).
The diversified operations are carried out from the following Group companies:
 Fatima Fertilizer Company Limited
 Pak Arab Fertilizers Limited
 Reliance Weaving Mills Limited
 Fazal Cloth Mills Limited
 Fatima Sugar Mills Limited
 Reliance Commodities (Private) Limited
 Fatima Energy Limited
 Pakistan Mining Company Limited
 Air One (Private) Limited
10. Arif-Habib Group: Owner (Muhammad Arif Habib)
Arif Habib Corporation Limited, also known as Arif Habib Group, is a Pakistani business
conglomerate company based in Karachi, Pakistan. It was founded by Pakistani businessman
Arif Habib.
The AHG is owned by Former Chairman Karachi Stock Exchange (KSE) Arif Habib. It is
One of the Largest Brokerage Operations on the Bourse. AHG has Recently Acquired 28%
Stake in SILK Bank. GOURMET Group also have 12% Stake in this Bank.
Arif Habib Group (AHG) ranks amongst the fastest growing multi-sector groups in Pakistan.
This has been made possible by a proven record of a strong ability in identifying and
developing successful business ventures and generating phenomenal returns despite subdued
economic development. The Group Holds Interests in The Securities Brokerage, Investment
and Financial Advisory, Private Equity, Investment Management, Fertilizer Manufacturing,
Cement, Steel, Real Estate, Dairy, Energy, Cement and Textile Mills.
11. Atlas Group: Owner (Aamir H. Shirazi)
The Atlas Group, also known as Shirazi Group, is a Pakistani conglomerate company based
in Karachi, Pakistan and founded by Yusuf H. Shiraz in 1962. It has its operations in power
generation, engineering, financial services and trading fields. As of 2016, Atlas Powergen
had joint venture agreements with Siemens of Germany and SEPCO3 of China to set up
power plants in Pakistan.
The group owns following companies:
 Atlas Honda Limited
 Atlas Battery Limited
 Atlas Power Limited
 Atlas Engineering Limited
 Honda Atlas Cars Pakistan (listed)
 Atlas Insurance Limited
 Atlas Asset Management Limited
 Shirazi Investment (Private) Limited
 Shirazi Trading Company (Private) Limited
 Honda Atlas Power Product (Private) Limited
 Atlas Hitec (Private) Limited
 Atlas Metals (Private) Limited
 Atlas Worldwide General Trading LLC
 Atlas Venture Limited
 Atlas Autos (Private) Limited
12. Packages Group: Owner (Syed Babar Ali)
Packages Limited is a Pakistani multinational packaging company based in Lahore, Pakistan.
The company was founded in 1956. The company is known for their tissue brand, Rose Petal.
The company is listed on the Pakistan Stock Exchange. Packages Limited was founded in
1956 as a joint venture between the Wazir Ali Group and Swedish companies Akerlund and
Rausing of which 73 percent shares were owned by Wazir Ali Group.
The group owns following companies:
  Coca-Cola Bottling Plant in Lahore
 Milkpak
 Packages Mall
 Packages Lanka Pvt. Limited
 Tri-Pack Films Limited
 IGI General Insurance Limited
 IGl Holdings Limited
 IGI Investments Pvt Limited
 IGl Life Insurance Limited
 OMYA
 Flexible Packaging Converters
 DIC Pakistan Limited
 Treet Corporation
 Tullo Cooking Oil
13. Sapphire Group: Owner (Mian Abdullah)
Sapphire Group started its operations from Calcutta (Present Day India) before moving to
Pakistan, setting up the first spinning unit and beginning its pioneering leadership in the
industry. During the past four decades, Sapphire has grown in the textile sector by
continuously expanding and broadening its penetration into the industry. Today it's a
vertically integrated premier textile group, manufacturing cotton yarn, fabric and garments.
The Group has the most modern and organized textile production setup with products
exported to over 35 destinations around the globe. The Group employs more than 16,000 and
has a well-established infrastructure of textile management. Sapphire Group has an annual
turnover of over US $800 million with an asset base of over US $500 million.
The Group has also diversified into the power generation and dairy sectors. Sapphire Electric
Company is a 234 MW combined cycle plant in Muridke. Sapphire Dairies Private Limited
operates a large mechanized dairy farm based on 100 acres near Manga, Lahore with a herd
size of 3000 and a target of 10,000 milking cows (300,000 liters per day) by 2020.
Sapphire Group is actively involved in community welfare programs and has two primary
and secondary schools -- one run by Sapphire and other by The Citizen’s Foundation --
providing subsidized education to the underprivileged. Every spring, Sapphire holds an eye
camp for the rural community to treat patients with cataract disease. Regular donations are
given to various health and education institutions. The Chairman of the Group, Mian
Abdullah, has been awarded the Sitara-e-Imtiaz (Star of Excellence) award by the
Government of Pakistan for contributions towards the development of the country.
Home Textiles: Sheet sets, quilt/duvet covers, bed skirts, shams, pillowcases, comforters,
curtains, table covers, aprons.
Power: The Group has diversified into the Power Generation sector. Sapphire Electric
Company is a 234 MW combined cycle plant in Muridke.
Dairies: Sapphire Dairies operates a large mechanized dairy farm based on 100 acres of land
near Manga, Lahore with a herd size of 3000 with a target of 10,000 milking cows (300,000
liters per day) by the year 2020.
Dyeing & Finishing: With a capacity of 6 million meters per month, Sapphire Finishing is
geared up for all the Prepare for garment dying and dyed fabric needs.
14. Saif Group: Owner (Javed Saifullah)
Saif Group is a Pakistani conglomerate company largely focused on textile industry and is
owned by Saifullah Khan Family. It is based in Islamabad and is involved in power, health
care, textiles, real estate and telecommunications.
 Textile Division
Its textile division owns and manages three companies:
Saif Textile Mills Limited, with installed capacity of 88,476 spindles is located in
Khyber Pakhtunkhwa. Kohat Textile Mills with installed capacity of 44,400 spindles
is located in Kohat, and Mediterranean Textile Company is located in Egypt; it has an
installed capacity of 63,312 spindles for the production of 100% cotton yarn.
 Energy Division
Pakistan depends on natural gas to meet nearly half of its energy needs. Oil takes care
of nearly 30% of its requirements. As a country, Pakistan remains underexplored for
oil compared to the rest of the world largely because power generated from river
resources (hydel power) and natural gas are cheaper to develop.
Saif Power Ltd (SPL) is a 225 MW Combined Cycle Thermal Power Project in the
Sahiwal District of Punjab, Pakistan.
Saif Energy Limited (SEL) holds interests in 4 blocks with a total oil and gas
exploration acreage of 3109.66 km2 in consortium with other energy and power
companies, including Pakistan's state-owned Oil and Gas Development Company
OGDCL (Pakistan), Mari Petroleum Company Limited MPCL (Pakistan), and Tullow
Oil (Ireland).
 They brought the first GSM phone service to Pakistan in 1994 in a venture with
Motorola, named as Mobilink but the Saif Group sold its stakes in 2007.
15. JS GROUP: Owner ( Jahangir Siddiqui)
JS Group is a financial services group in Pakistan, founded in 1971 by Jahangir Siddiqui. The
company controls and operates financial services companies in Pakistan. Financial services of
JS Group include asset management, commercial banking, company research, insurance,
investment banking, Islamic banking, micro finance, and stock brokerage. JS Group also has
investments throughout Pakistan's economy, in the industrial sector, technology and media
sectors, commercial real estate, energy and natural resources. JS Group has its headquarters
in Karachi.
 JS Bank:
JS Bank is a majority-owned subsidiary of Jahangir Siddiqui & Co. Ltd. and currently
operates 323 branches in 161 cities, with a total asset base of Rs 112 billion in 2014.
It has a primary dealer license for government securities from the State Bank of
Pakistan. According to a press release, the long-term entity rating of JS Bank Limited
(JSBL) has been promoted to ‘AA-’ (Double A Minus) by Pakistan Credit Rating
Agency (PACRA). JS Bank was formed after the merger and amalgamation of
Jahangir Siddiqui Investment Bank Limited and commercial banking operations of
American Express Bank Ltd Pakistan. JS Bank Limited commenced operations in
 Pakistan as a fully scheduled bank on 30 December 2006. JS Bank's consolidated
profits (after tax) for the year 2014 were Rs 1,060 million.
 Bank Islami
Dubai Bank was one of the founding shareholders of Bank Islami which invested
18.75% in the total capital. Bank Islami is the joint venture project of three groups
namely Jahangir Siddiqui & Co. Pakistan, Randeree family, & Dubai Bank. The State
Bank of Pakistan issued a No Objection Certificate on 19 August 2004 and Bank
Islami Pakistan Limited, the second full-fledge Islamic Commercial Bank in Pakistan,
was incorporated on 18 October 2004 in Pakistan.
16. Rupali Group: Owner (Nooruddin Feersata)
The Rupali Group is an established leading corporation in the Petrochemical industry,
responsible for producing the primary raw materials for the downstream Textile industry of
Pakistan. The Groups’ focus is in diversified commercial interests ranging from
manufacturing, importing, exporting and catering to producers of various cloth and fabric
variants within the Textile Industries. Of these variants, the Group is able to capture a
majority of the market share in knitting, weaving, bed sheets, sportswear, and water jet users.
With over thirty years of experience, The Rupali Group has become one of the largest
producers of Polyester Filament Yarn (PFY) and is a leading producer of quality Polyester
Staple Fibre (PSF) in Pakistan. Managed by the Feerasta family, Rupali Group has a direct
influence on the progressive vision and development of Soneri Bank Limited. The Group
established Soneri Bank in the early 90s and as founding sponsors, Rupali has over the years
helped the bank become one of Pakistan’s top commercial banks.
In recent years, power factor and natural resource consumption for energy has played a
detrimental role in the manufacturing industry. In order to provision sustained flow of energy,
The Group has managed to venture out into Coal Fired Power Generation. This will
eventually aid in making all our manufacturing facilities completely self-reliant for energy.
The philosophy of the Group is to build on its strength and quality while maintaining
reliability.
Rupali Group Includes following Companies:
 Rupali Polyester Limited
 Rupali Foods (Pvt) Limited
 Rupafil Limited
 Rupafil PowerGen (Pvt) Limited
 Spintex Limited
 Rupali Nylon (Pvt.) Limited
 Rupafab Limited
17. M.H Dadabhoy Group of Companies: Owner (Abdul Ghani Dadabhoy)
The Dadabhoys started their business about 50 years ago, when (late) Mr. Abdul Ghani
Dadabhoy made Karachi his home. Upon arriving in Pakistan Mr. Abdul Ghani Dadabhoy
played his part in the industrialization of the infant country. When, after the creation of
Pakistan, Mr. Jinnah called upon the Muslim traders and businessmen to play their role in the
newly created State, Mr. Abdul Ghani Dadabhoy promptly answered the call. Immediately
after settling in Karachi, he set up a trading house encompassing a wide range of business. He
did particularly well in the trade of cotton and was one of the early office bearers of the
Karachi Cotton Exchange. Sheer hard work, professional commitment and vision provided
the foundation for the establishment of a solid base. The decade of the 1950’s was a
profitable period for him, when he had established a Ginning Factory, a Re-rolling Mill and
an Edible Oil Mill.
Mr. Abdul Ghani Dadabhoy had provided a solid foundation for his sons to build upon. When
Mr. Abdul Ghani Dadabhoy died in 1973. He had the satisfaction that his sons, through their
skill and talent, has infused new blood in his mission, and that, in due course, they would take
the family's name to greater glories and earn for themselves a towering place in the industrial
setup of the country. In a short span of time, the family's fortunes grew into a large industrial
group representing cement, sanitary ware, Plastic ware, Lubricants, Paper sacks, and Pre-
Fabricated Construction Material and Agricultural Equipment were some of the areas of
interest to the Dadabhoy Group. Subsequently Leasing and Insurance Companies were also
added.
During Nineties, Dadabhoy Group was so enhanced and their areas of activities were
sufficiently diversified in different industrial sub-sectors of Pakistan. The Board of Directors
of Dadabhoy Group decided to distribute specific areas of activities to different family
members. This decision has formed M.H. Dadabhoy Group of Companies. For more than one
decade, the M.H. Dadabhoy Group of companies is functional in Pakistan with new vision &
phrases.
The M.H. Dadabhoy Group of companies comprises:
 Dadabhoy Cement Industries Limited (DCIL)
 Dadabhoy Sack Limited (DSL)
 Dadabhoy Energy Supply Company Limited (DESCL)
 Dadabhy Hydrocarbon Company Limited (DHCL)
 Dadabhoy Construction Technologies (Private) Limited (DCTL)
 Pak German Prefabs Limited (PGPL)
 Dadabhoy Trading Corporation (Private) Limited (DTCL)
 Dadabhoy Unimineral Limited (DUML)
18. Bahria Town: Owner (Malik Riaz)
Malik Riaz is perhaps one of Pakistan’s most recognized businessmen, thanks to his hugely
successful Bahria Town real estate business. A large portion of his Rs. 84 billion net worth
comes from Bahria Town, Asia’s biggest privately-owned real estate development company.
He was born into a wealthy Sialkot family which went bankrupt and Riaz started his career as
a clerk at a construction company in in Rawalpindi. He became a contractor and when one of
his biggest contracts for a Pakistani Navy community was terminated, Riaz went on to start
the Bahria Town project. Today, Bahria Town has a presence in Karachi, Lahore, and
Rawalpindi and employs over 60,000 people.
19. Ejaz Group Of Companies: Owner (Ghulam Muhammad Fecto)
This group was established in 1950, for International trading of commodities. In 1980, the
group ventured into manufacturing and set up the first industrial unit under the banner of
Mian Nazir Sons Industries (Pvt.) Ltd. The Group commissioned its textile division in 1987
and set up the first yarn-manufacturing unit under the banner of Ejaz Textile Mills Ltd. In
1990, EGC decided to go for higher value addition in the area of yarn rather than follow run
of the spinning units producing only weaving yarn. For this purpose, a new unit, based on
state of the art technology was established in 1992 to produce top quality Carded and
Combed Hosiery yarn under the banner of Ejaz Spinning Mills Ltd.
Presently, comprising of 5 spinning units with latest European and Japanese technology, Ejaz
Group boasts over 100,000 spindles as a market leader in knitting and woven yarns. The
group has a long range of satisfied customers nationwide and abroad with its premium quality
Pakistani cotton yarns, imported cotton carded and combed Medium Staple yarn, fine counts
with ELS cotton, Compact, EliTwist, Siro, Stretched, CoreSpun and Slub Yarns. Under the
leadership of Mr. Gohar Ejaz the group has grown to the stage where it proudly claims to be
one of the biggest manufacturing companies in the textile sector of Pakistan, in a short span
of time since its inception.
20. Tabani Group: Owner (Yaqoob Tabani)
Yaqoob Tabani is the Chairman of this Group. Tabani Group Of Companies is one of the
most distinguished and reputable business conglomerates in Pakistan. It has the honour to
Promote Pakistan's First Private Airline “Aero Asia” and operated for more than 13 years on
both Domestic and International Routes catering more than one million passengers every
year.
Tabani Group is over 100 year old business enterprises and has its offices/warehouse in:
 Pakistan (Islamabad, Karachi, Lahore, Peshawar)
 Dubai
 Sharjah (UAE)
 Hong Kong
 Moscow
 Tashkent
TG operates in following sectors:
 Projects (Oil & Gas, Steel, Railways, Energy, etc.)
 Services (Aero Asia Airline) and Manufacturing (Steel, Textile, etc)
 Infrastructure & Housing Development (2500 luxury apartments)
 Import and Export (Metals, Plastics, Cement, Electronics, Machinery and
Equipment)
 International Trade
 Authorized Agents of world renowned Foreign Companies (USA, Germany,
Russian, Chinese, South Korea, Ukrainian, Turkey, Indonesia, Malaysian,
Singapore, Slovenia, Belarus, Sri Lanka)
21. The Guard Group: Owner (Iftikhar Ali Malik)
Iftikhar Ali Malik Heads this Sprawling Business Group. Guard Group is an Established
Name in Auto Industry of Pakistan. Guard Filters Enjoyed its Monopoly for Decades in this
Sector. Guard Group, has 64 years working experience and following are its Subsidiaries
with an Extensive and Unique Dealers network nationwide as well as sound Financial
Capability and International Business contacts.
 Malik Auto & Agricultural Industries Co. Ltd.
 Guard Frictions Pvt. Ltd.
 Euro Guard Pvt. Ltd.
 Guard Oils Pvt. Ltd.
 Guard Agricultural Research & Services (Pvt.) Ltd.
 Diesel Auto Corporation
Guard Group has Huge Investments in Real Estate and Agricultural Land Holdings. It is one
of the Largest Rice Exporters with Brand "Guard Rice".
22. JDW Group: Owner (Jahangir Tareen)
JDW Group operates Pakistan’s Largest Sugar Mill Units and contributes approximately 15-
17% of country’s Sugar Production. JDW Group run by Politician cum Businessman Cousins
Jahangir Khan Tareen and Makhdoom Ahmed Mahmood. Jahangir Tareen has many
Business Ventures with his Cousin Humayun Akhtar Khan. Jahangir Khan Tareen is
considered Pakistan’s Wealthiest Politician. He Owns a Private Plane and Chopper. JDW
Group’s Annual Turn Over is in Excess of RS 40 Billion.
Companies Include:
 JDW Sugar Mills
 Dharki Sugar Mills Pvt Ltd
 Faruki Pulp Mills Ltd
23. Ghulam Faruque Group: Owner (Amer Faruque)
Ghulam Faruque Khan (1899–1992) was a Politician and Industrialist of Pakistan. He
belonged to the village Shaidu in Nowshera District, Nowshera is the home of the famous
Pashtun Tribe the Khattaks of the NWFP Province in Pakistan. Because of his contribution to
Pakistan's Industrial development he is sometimes described as "The Goliath who
Industrialized Pakistan.
 Today His Family Owns:
 Faruque (Pvt) Ltd.
 Cherat Cement Company Limited.
 Cherat Packaging Ltd.
 Mirpurkhas Sugar Mills Ltd.
 Greaves Pakistan (Pvt) Ltd.
 Greaves of Airconditioning (Pvt) Ltd.
 Greaves CNG (Pvt) Ltd.
 Madian Power Limited - Joint Venture Company
 Unicol Limited - Joint Venture Company
 Zensoft (Pvt) Ltd.
24. Servis Group: Owner ( Ch. Ahmed Javed)
Servis Industries Limited / Servis Group is a Public Limited Company and a Group of
Companies with its Head Office in Lahore, Pakistan. The Company's Factories are located in
the Gujrat city and Muridke. Company was established in 1941 with a small business
productions.
Servis Shoes is a Shoe Manufacturing Company and Servis Tyres is a Tyre manufacturing
company working under the SIL. Mr Chaudhry Ahmed Javed is the current chairman and Mr
Omar Saeed is the current CEO of Servis Industries. Servis Group has Assets of above $ 1
Billion and Employs around 2200 People.
25. Gul Ahmed/Al Karam Group: Owner (Bashir Ali)
The Gul Ahmed Group is a Pakistani company that includes Gul Ahmed Textile Mills, Gul
Ahmed Energy and Habib Metropolitan Bank. More recently, a chain of retail outlets has
been operating under the name "Ideas by Gul Ahmed". The group's other concerns go by the
name of Swisstex Chemicals (Private) Limited, which is a large chemical distribution
company that has the sole rights for supplying Ciba Specialty Chemicals in Pakistan. The
group has invested in outsourcing information technology with Arwen Technologies. The Gul
Ahmed Group began trading in textiles in the early 20th century. In 1953, the group decided
to enter the field of manufacturing under the name Gul Ahmed Textile Mills Limited, and
was incorporated as a privately limited company. In 1970, it was listed on the Karachi Stock
Exchange. Since then, the company has made rapid progress and, in 2017, has a market
capitalisation of Rupees 12.7 billion and one of the leading composite textile houses in
Pakistan.
26. Sitara Group: Owner (Haji Abdul Ghafoor)
Sitara Group Started its activity with textile weaving as early as 1956, under brothers Haji
Abdul Ghafoor and Haji Bashir Ahmed. It is now its textile cloth finishing and processing,
textile spinning, chlor-alkali sector and in power generation.
The units owned by this establishment include Sitara Chemicals, Sitara Chemicals (Textile
Division I) and Sitara Chemicals (Textile Division II), Sitara Textiles, Sitara Energy and
Yasir Spinning. The charities being managed under the aegis of Sitara group are Aziz Fatima
Hospital, Ghafoor Bashir Children Hospital and Aziz Fatima Girls School. Sitara's name with
the industrial City of Faisalabad is synonymous. They are the decades-old veterans in
business, who have excelled in leaps and bounds. At their units, the owners of Sitara use
technology imported from Japan, UK and Germany and are export leaders in bedding and
fabric collection to South America, USA, Canada, New Zealand and Europe. Their textile
divisions together operate at strength of 33,984 spindles
27. FECTO Group: Owner (Munawar Ali Fecto)
FECTO Group was founded under the Leadership of Late Ghulam Muhammad FECTO in
1952. As an Astute Businessman, Mr Ghulam Muhammad Diversified his Group in Major
Industrial Sectors. FECTO Group’s Pace of Development was so fast that it soon flowered
into two Sugar Mills, a Tractor Plant, Cement Plant, two Paper Sack Units, Particle and MDF
Board Plant.
Major Projects of FECTO Group:
  Fecto Sugar Mills Limited
 Baba Farid Sugar Mills Limited
 Fecto Belarus Tractors Limited
 Fecto Cement Limited
 Frontier Paper Products (Private) Limited
 Gadoon Paper Products (Private) Limited
 Fecto Boards (Private) Limited
 Ghulam Muhammad Fecto Foundation
FECTO Group currently employs about 5000 People.
28. AKD Group: Owner (Aqeel Karim Dhedi)
The AKD group started from interests in real estate and stock-broking in the year 1947, the
late Haji Abdul Karim Dhedhi (may he rest in peace) laid the foundation of what today is the
AKD group of companies, one of the largest domestic business enterprises in Pakistan with a
combined net worth of over US$ 1 billion, of which Mr Karim share is at $400m. Creek
Developers Pvt Ltd is Part of AKD Group which has Built Mega Real Estate Projects in
Karachi. Mr. Aqeel Karim Dhedhi, son of (late) Haji Abdul Karim Dhedhi, is the Chairman
of the AKD Group. He has built the AKD Group as a leading and vibrant set of business
enterprises operating in key sectors of Pakistan's economy, ranging from stocks and shares,
media, textile, real estate and Oil and Gas exploration.
29. Mukhtar Ahmed/Ibrahim Group: Owner (Sheikh Mukhtar Ahmed)
Late Haji Sheikh Mohammad Ibrahim, founder of the Ibrahim Group, settled in Faisalabad
after partition of India in 1947 and re-established his ancestral business of cloth trading by
the name of Ibrahim Agencies. Ibrahim Fibres Ltd is a manufacturer in Pakistan having
diversified business activities including Polyester Staple Fibre production, Polyester Yarn
production, Financial Services, Banking and Energy.
 Ibrahim Fibres Polyester Plant: Polyester plant manufacturing operations are
staggered in three production lines located within the same premises, at 38th K.M.
Faisalabad – Sheikhupura Road, Faisalabad with a capacity to produce 390,600 tons
per annum of Polyester Staple Fibre (PSF)
 Ibrahim Fibres Textile Plant: Spun Yarn Division of Ibrahim Fibres Limited
consists of three projects having total installed capacity of 137,856 spindles.
 Ibrahim Fibres Power Generation: Power Generation Plants of Ibrahim Fibres
Limited consist of two production plants; Power Generation Plant – I and Power
Generation Plant – II. Total power generation capacity of these plants is 73.3 MW.
 Financial Services The consortium of Ibrahim Leasing Limited and Ibrahim Group
assumed the control of the Allied bank in August 2004 by injecting Rs 14.2 billion
into the capital of Allied bank for acquiring 325 million additional shares.
30. Adamjee Group Owner (Mian Umar Mansha)
The Adamjee Group was founded by Haji Dawood in 1896 by establishing a commodity
trading company. His son Sir Adamjee, Haji Dawood went out building a match factory,
second largest of its kind then, in 1923 at Rangoon (Burma). By 1947 Adamjee Group wan
the biggest exporter of jute from Calcutta. During Bhutto’s nationalization, they lost the
Muslim Commercial Bank and stakes in the Mohammadi Steam Ship Company, leaving then
with only Adamjee sugar Mills and Adamjee Cotton Mills, Karachi. Adamjee Group Hit
Badly when Hostile Take Over of their Flag Ship Company, Adamjee Insurance Took Place
by Country’s Richest Man, Mian Muhammad Mansha. The Best Companies of Adamjees,
which they founded and Nourished MCB and Adamjee Insurance- have both passed into the
hands of the Mian Mansha Group. They own the KSB Pumps, besides having poured money
in Paper Flooring, Diesel Engineering, Construction Centre, Garments, General Trading and
Chemicals Etc. One of the biggest names in 1970’s. Adamjee may be down but they are not
out-at least not yet. The group still owns some 20 companies including Adamjee Diesel
Engineering. Half a dozen of group companies are listed at the stock exchanges.
31. YDC Group: Owner (Dewan Yousaf Farooqui)
Dewan Yousaf Farooqui Heads this Beleaguered Business Group.At the Time of its Pinnacle,
Group enjoyed the status of Pakistan's Largest Industrial Group. The Dewan Group's Decline
started in 2007 and Next Year Group became Largest Bank Defaulter in the entire business
history of Pakistan. Banks say Dewan is the largest Defaulter in the Private Corporate Sector,
which has a Debt of over Rs 38 Billion. The last settlement for four textile firms and the
cement company was agreed in 2011. The Dewan Salman Fiber was the Pride of this empire
as it ranked 11th in the world in total production capacity. This Plant is Closed for past
several years. YDC Group is in negotiation to sell off Dewn Cement to pare over its Soaring
Debt. The group owns three textile units, a motorcycle manufacturing concern and a sugar
unit in the country. Dewans also have business interests in India. They also have the franchise
licence for BMW in Pakistan and now Rolls Royce showrooms.
32. Chenab Group: Owner (Mian Latif)
Chenab Group Mian Muhammad Latif supervises this group along with his brother Mian
Ashfaque. Group's Family members actively take part in Regional and National Level
Politics. Chenab Group is one of The Struggling Textile Groups of Pakistan. Huge Bank
Liabilities have contracted the Business Size and Operations. Group could not recover Its
Business Pace after its fall which started in Year 2007. Soon after the Death of Mohtarma
Benazir Bhutto, Country surrounded in severe Political and Economic turmoil. Group could
not fulfil its Export Contracts worth Millions of Dollars and thus tangled into worst Debt
Liabilities. Chenab Group is Far Left behind Compared to its Peers like Nishat Textiles
which exports worth $ 1 Billion Textile Products. In Year 2016, Group Announced its Real
Estate Projects in Faisalabad and Lahore. Business Analysts refer Group's Decline mainly
due to the Myopic Future Vision and Weak Corporate Governance. ChenOne has 31 Outlets
and still an Established Brand.
33. Tapal Group: Owner (Aftab Tapal)
Tapal Tea is a Pakistani tea company which is based in Karachi, Pakistan. The company is
known for their Family Mixture brand. Tapal is the market leader of branded tea in Pakistan.
The main competitors of Tapal are Unilever's Lipton and Eastern Tea Company’s Vital. The
previous competitor was Brooke Bond’s Supreme until Unilever bought it in 1990. It was
founded by Adam Ali Tapal in 1947 started as retail outlet at Jodia Bazaar. He started by
importing tea from Ceylon. In 1977, it reached ,milestone of 0.5m kg and in 1984 it reached
1.5m kg. It is the largest tea brand in the country. Their biggest competitor in Pakistan is
Lipton Tea. They are also known for their popular commercials. In 2004, the company
expanded their operations in Saudi Arabia. Currently Tapal is exporting Tea to 20 countries.
The chairman of the company is Aftab Tapal. The Board of Directors include Mehvish Tapal,
Kumail tapal and Maria Tapal. The Tapal Tea Lab, where research and development activity
results in different tea grades.
34. Monnoo group: owner (Mr. Bilal Monnoo)
The Monnoo Dynasty was founded by two brothers-Dust Muhammad and Nazir Hussain in
1905 at Calcutta. The first unit owned by the Monnoo was the Olympia Rubber Works. And
then time saw the Monnoo setting up sonic 20 textile mills in succession. In 1965, he
introduced the first Toyota Motors assembly plant in Karachi, then known as Monnoo Toyota
Motors. However the industry was nationalized by Zulfikar Ali Bhutto in 1971, along with
many others. Monnoo has since become highly influential in the textile sector in Pakistan.
Now, Monnoo Group owns 12 Textile units, Agricultural Farms and Extensive Research
Units catering to various agricultural products. Group successfully made its foray in Real
Estate Sector through Accomplishment of “Dream Gardens Housing Scheme”. Late
Shahzada Alam Monnoo played a Pivotal Role in Development and Success of this Group.
He is Considered One of The Finest Business Man in The Business History of Pakistan.
35. Razzaq Dawood/Descon Group: Owner (Abdul Razzaq Dawood)
Razzaq Dawood, a scion of illustrious Dawood Family, Heads Pakistan's Biggest
Construction and Engineering Conglomerate known as Descon Group. With a roaster of
impressive clients. His group has won many contracts in Dubai, Saudi Arabia and Iraq and
employ's over 1,000 people directly. His name was more prominent among the top 22 richest
families in 1970 until the Bhutto nationalization which then made him set up abroad, he
returned to Pakistan in the early 90's and started from scratch and today makes it in the top
easily. The group also has investment of $300m in Bangladesh in investments in fertiliser,
energy and infrastructure and development sectors.
36. ARY Group: Owner (Salman Iqbal)
Abdul Razzak Yakoub was a prominent Pakistani expatriate businessman based in Dubai. He
was the president ARY group ($1.5Billion turnover) and World Memon Organization
(WMO). He was one of Pakistan's biggest media barons controlling around 7 channels.
Besides this he had a huge property holdings in Karachi, Islamabad and Dubai amounting to
over $200m. Now Group has major in the gold market also having around 20 outlets in Asia.
The Group of companies cater to diverse businesses which has made ARY brand a household
name Under ARY’s umbrella they deal with different Business Units. The Group
encompasses corporate giants including ARY- AAA Associates, ARY Gold , ARY Jewellers,
IQ Properties, ARY Sahulat Card, Speed Remit, ARY Digital Network, ARY Films & TV
Production, H.M. Cables Pakistan, Gazilex (New Delite Company Pvt Ltd), Millat Fans,
Security Investment Bank.
37. Schon Group: Owner (Nasir Schon):
Schön Properties is a real estate developer which has delivered 1.6 million square feet in
Dubai. It was founded in 1971 in Singapore by the Schon family, which originated in
Pakistan. The company was involved in several development projects in Dubai, including the
Dubai Lagoons in Dubai Investment Park which was started in 2005, but was hit hard by the
financial crisis of 2007–2008 and those projects were put on hold. In March 2017, the
company said it was considering an IPO in 2018. In June 2017, the company purchased the
Multan Sultans franchise of Pakistan Super League for US$5.2 million per year for eight
years, replacing Karachi Kings as the most expensive team in the league. That month it also
launched another project in the investment park called iSuites, in a joint venture with the Al
Hamad Group.
38. Bestway group: owner (Anwar Perwaiz)
Bestway Group started in 1976 with its first Bestway cash and carry warehouse opened in
London. Now the Group has Become Uk's 2nd Largest Wholesaler with 63 Ware Houses.
Group's Annual Turn Over is in Excess of $ 4.8 Billion. Today they have in total around 63
Cash and Carry's. Including their recent takeover of rival group Batleys for around £100m.
Bestway Group ventured into Pakistan's huge the cement business in 1995 and set up cement
manufacturing plant in Pakistan at a cost of $ 120 million. Bestway Cement has 2nd Largest
Cement Production Capacity in Pakistan. Taking Advantage of Pakistan growing economy
they also acquired a 25.5% stake in United Bank Limited in 2002. Today, the Bestway Group
has interests in Cash & Carry Wholesale, Property Investments, Retail Outlets, Milling of
Rice, Lentils and Pulses, Cement Production and more recently into Pharmacy. The group
provides direct employment to thousands in the UK and Pakistan.
39. Bawany Group Owners (Amin Bawany)
Bawany dynasty was founded by two Bawany brothers, Ahmad Karim Ebrahim Bawany and
Abdul Latif Ibrahim Bawany born in 1882 and 1890 respectively at Jetpur, Kathiawar, who
had migrated to Burma towards end the end of 19th century and set up Ahmad Violin Hosiery
Works in Rangoon. In 1947, they migrated to Pakistan. It was perhaps in memory of the
Hosiery Mills at Rangoon that a company with the same name was incorporated in Karachi
and is doing a flourishing business. The name Bawany has its origin in the name of an elder
of the family, who was known for his honesty and hard work in home-town Jetpur. They
were the first among the Memons to open a purchase office in Japan and nre currently active
in textiles, jute, sugar, particle board, Oxygen, leather, garments, tanneries and cables
Bawanis are known to have maite night investment decisions at the right time and their
contemporaries still acknowledge them for his quality. Bawanis are known to have made
right investments us the right time-something their contemporaries acknowledge.
40. The Jang Group owner ( MIR Shakeel ur Rehman)
This media empire was founded by late Mir Khalil-ur-Rehman some six decades ago. There
are around 10 top newspapers and Geo TV group is being run by Mir Shakeel-ur-Rehman,
Mir Khalil’s son, who has a lot of projects pertaining to real estate under his belt too. Shakeel
is one of Asia’s most well-known media barons, whose newspapers have served to be the
breeding nurseries for country’s top journalists. He invests massively in stocks business
regularly. His elder brother Mir Javed-ur-Rehman and tender son Mir Ibrahim also assist him
in business. Such magnificent has been his influence that at times, a few governments have
opted to take a few of his employees as ministers.