Who Owns Pakistan - Yimg

Unlisted Companies
1. Clearance and Warehouse Ltd
2. Shirazi Farm
3. Shirazi Trading
4. Shirazi Investment
5. Atlas Information
Hashwani
Hashwanis have long been involved in trading in cotton, grain and steel and till
the nationalization of cotton export in 1974 were known as Cotton Kings of
Pakistan.
After the nationalization of cotton and rice trade, Hashwani brothers moved into
hotel industry and today Sadruddin Hashwani operating the chains of Marriot and
Pearl Continental Hotels is known as the Hotel King of Pakistan.
In 1985 when PIA decided to sell its 51% shares in Pakistan Services Limited ,
operating chain of Intercontinental hotels, Sadruddin Hashwani " walked away
with the spoils", according to New York Times. The Rs 130 million bid money
came from Investment Corporation of Pakistan (ICP) which was allegedly written
off by Zia ul Haq.
In 1984 Haswnai defeated Lakhanis in the bid for Premier Tobacco but the two
Hashwnai Brothers, Sadruddin Hashwani and Akbar Hashwani were arrested in
1986 when customs raided their tobacco factory, following seizure of several
trucks loaded with cigarettes without payment of duty. The Hashwanis always
suspected Lakhanis to have tipped the customs about the tax evasion, (The daily
Dawn 24.5.86).
The Haswanis are currently operating in three seperate groups known as the
Hashoo group of Sadruddin Haswani, Haswani group of Akbar Ali Hashwani and
Hassan Ali Hashwani group comprised of the companies owned by the children
of late Hassan Ali Hashwani.
S NO Name
Hashoo Group
Assets Turnover
1 Pakistan Services 3364 1846
2 Exide Battery 296 513
3 Automative Battery 131 176
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