Who Owns Pakistan - Yimg

17. Regent Gineries (Pvt) Ltd
18. Regent Printing (Pvt) Ltd
19. Lease Pak Ltd
20. Oilman Ltd
21. Regent Cement Ltd
Tariq Saeed Saigol
1. Armani Textil
2. Zimpez (Pvt) Ltd
3. Maple Leaf Electric Company
Crescent
"The people who care for the people"
It was in early 1910 that Shams Din of Chiniot and his four sons, Fazal Karim,
Mohammad Amin, Mohammad Bashir and Mohammad Shafi set up a small
tannery at Amritsar in India. By the time Pakistan was born, they had offices at
Madarass, Jalandhar, Calcatta and Delhi.
After the birth of Pakistan, three of the four brothers returned to native land and
in 1951, incorporated a trading company namely Mohammad Amin, Mohammad
Bashir Ltd for export of Cotton and imports. Bashir settled in Karachi, Amin
managed the operations from Lahore and Shafi worked in a ginning factory in
Sargodha. According to Emma Duncan, in " Breaking the Curfew", Crescent
family was alloted an industrial unit sprawling over 125 acres in Faisalabad, in
lieu of the property left over in India, which was to become the spring board of
their growth and diversification.
By mid 1960s Fazal Karim also returned to Pakistan and the four brothers fondly
known in the business community, as the " The gang of four" 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. Presided over by eldest member of the
family, Mazhar Karim, the group has twenty working members and can be truely
called a joint venture of uncles, cousins and nephews.
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