Who Owns Pakistan - Yimg

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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 131 176 161
4 Hahsoo Steel 130 308 5 Souvenir Tobacco - - Total 3921 2843 Financial Assets 8 New Jubilee Insurance 590 Akbar Hashwani 9 Regent Textile 230 192 10 Landmark Spinning 100 - Total 330 - Unlisted Companies 1. Hashwani Hotels 2. Murtaza Construction (pvt) Ltd 3. Bhurban Resorts (pvt) Ltd 4. Hassan Ali and Company (pvt) Ltd 5. Hassan Ali Sale and After Sale Services (pvt) Ltd 6. Hattar Accumulators (pvt) Ltd 7. Zaver Peroleum (pvt) Ltd 8. Gelcaps Pakistan Ltd 9. Hub Steel Company 10. Lakeview Properties 11. Pearl Tours and Travels (pvt) Ltd 12. Real Estate Investement Company 13. Pearl Continental Overseas (pvt) Ltd 14. Hassan Ali and Grains Ltd 15. Hashoo International (pvt) Ltd 16. Rex Talkies (pvt) Ltd 17. Associate Buolders (pvt) Ltd 18. Bagh-e-Korangi (pvt) Ltd 19. Bagh-e-Landhi (pvt) Ltd 20. Hashoo Modaraba Management Ltd 21. Hashoo Holdings (pvt) Ltd 22. Zaver Lubricants and Speciality Products 23. Zaver Chemicals Ltd 24. Zaver Mining Co (pvt) Ltd 25. General Pharecutical (pvt) Ltd 26. Continental Corporation (pvt) Ltd 162
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Who Owns Pakistan By Shahid-ur-Rahm
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G: UBL Privatization Bid ..........
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Pakistan's Robber Barons ..........
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A Brief introduction - For those wh
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Prologue "I Nawaz Sharif, do solemn
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Nawaz Sharif was not an individual.
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A white paper on " Economy under Bh
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The first Nawaz government was foll
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Another remarkable person mentioned
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Dawood lost Karnaphuli Paper Mills,
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disprove that bulk of the banking a
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perpetuated their control over the
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Kohat Cement, Dandot Cement and Tha
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Earlier in this chapter, we have li
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Insurance companies of 22 families
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Born in Rangoon, M A Rangoonwala ha
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Crescent was a joint venture of fou
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Privatization - Turning the Clock B
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day Privatization Conference in Isl
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Independant Resource Group (IRG) of
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companies, management was to be tra
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Accelerated privatization under a f
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Finance Minister took a conscious d
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clauses and buyers have committed b
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22nd May, 1989 suggested a strategy
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Pakistan Petroleum Limited (PPL) to
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group but thanks largely to the ala
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caretaker govt. to recover Rs 1,500
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Pakistan, had incorporated Muslim C
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Cement for Rs 137 million and Rs 18
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5-star hotel. Bhutto who had planne
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For example, PSL is being managed b
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According to the Khalid Anwar, Burm
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also been assigned to the shelves o
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32 Harijanss 61 - 61 33 Shafi 60.2
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21 Sargodha 2,743 -- 22 Al-Noor 2,5
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had opened their offices in Japan,
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East, REDCO Textile Mills and Const
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4 billion and a roaster of impressi
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The geographic location of the comp
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Haroon's great grandfather had migr
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Gujrati and tended to be organised
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9 Karim 3 10 Hasham 2 11 Latif Jama
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At present, the Kaiser Monnoo group
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Sugar Mills and Samundri Sugar Mill
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" The days immediately after nation
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fortunes which were multiplied, in
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the pioneer Muslim industrialist in
Page 98 and 99:
According to Lawrence White, top se
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Beginning of Bad Loans Bhutto's nat
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Jang, Rawalpindi of December 14, 19
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8 Saigol 1,086 9 Naqvi 1,056 10 Zah
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10, 1997, the Supreme Court observe
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Prime Minister Nawaz Sharif will gl
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specific tax holidays. It was not c
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This decision is based on personal
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oil". It is not difficult from the
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In the fiscal year 1991-92, Messers
Page 118 and 119: 21 Hussain Nawaz Sharif 3,285,6813
Page 120 and 121: The voiceless small investors have
Page 122 and 123: Chapter Four - Pakistan's Tax Web P
Page 124 and 125: 28. Ushr 29. Oilseeds Development C
Page 126 and 127: political heavyweights or their hen
Page 128 and 129: Export Duties It is one of the most
Page 130 and 131: Capital Gain Tax As is evident from
Page 132 and 133: Law Authority will soon seek public
Page 134 and 135: Chapter 5 - Money and Politics Elec
Page 136 and 137: Some of the known units of Saifulla
Page 138 and 139: These charges were peanuts when vie
Page 140 and 141: In the references about Lakeview Ho
Page 142 and 143: Epilogue For several years, the peo
Page 144 and 145: One wonders how a government that c
Page 146 and 147: accustomed to buying his casual out
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Page 150 and 151: chemicals, synthetic fibres, cookin
Page 152 and 153: Iqbal Saigol S. No Name Assets Turn
Page 154 and 155: In a communication to the author in
Page 156 and 157: Dewan Listed Companies S. NO Names
Page 158 and 159: conference in Islamabad, on March 2
Page 160 and 161: Listed Companies S. No Company Asse
Page 162 and 163: when the Rserve Bank of India faile
Page 164 and 165: 10. Noble Computer Services (pvt) L
Page 166 and 167: Syed Maratib Ali was a well known n
Page 170 and 171: Akbar Hashwani 1. Hashwani Construc
Page 172 and 173: Dawood Cotton Mills was set up in 1
Page 174 and 175: 5. Margalla Textile 6. Rawal Textil
Page 176 and 177: Lakhani (Lakson) Lakhanis have grow
Page 178 and 179: 6 Husein Sugar 358 560 7 Shadman Te
Page 180 and 181: Unlisted Companies 1. Ibrahim Agenc
Page 182 and 183: 4 B F Modaraba 16 16 5 Bawany Air 5
Page 184 and 185: Financial Assets 5 Schon Bank 1,994
Page 186 and 187: Mian Mohammad Ismaeel Sheikh was a
Page 188 and 189: 1 Mubarik Textiles 346 119 2 Fatima
Page 190 and 191: 1 K S B Pumps 343 385 2 Adamjee Pap
Page 192 and 193: Independently his group has four co
Page 194 and 195: Bibliography 1. 50 years presentati
Page 196 and 197: 63. The sick industary therapy, art
Page 198: 29. Hotelier in Pakistan looks for
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