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Who Owns Pakistan - Yimg

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Unlisted Companies<br />

1. Rehman Cotton Takhtbhai<br />

2. Bibojee Services (pvt) Ltd<br />

3. Bibojee Investment (pvt) Ltd<br />

4. Usman Fabrics and Knitwear (pvt) Ltd<br />

5. Advanced Computer Tec (pvt) Ltd<br />

6. Frontier Txtile<br />

7. Bannu Flour Mills<br />

8. KSK Investment (pvt) Ltd<br />

9. KKA Company (pvt) Ltd<br />

10. Saif Beverages<br />

11. Saif International Combine<br />

12. Sarhad Prestressed Concrete<br />

13. <strong>Pakistan</strong> Mobile Corporation<br />

14. NASA Construction<br />

Dawood Group<br />

Dawood was ranked second biggest group in <strong>Pakistan</strong> in 1970 by Lawrence<br />

White but it was worst-hit by seperation of East <strong>Pakistan</strong> and the nationalization<br />

of Z A Bhutto with the result that it has not set up a single manufacturing unit<br />

during last 25 years. Yet it is ranked among the top 10 industrial groups in<br />

<strong>Pakistan</strong> in 1990 and was 14 in 1997.<br />

Dawood group was founded by Ahmad Dawood but currently stands split among<br />

three Dawood brothers namely Ahmad, Sadiq and Suleman Dawood who are<br />

heading Dawood, BRR and Descon groups respectively. Not so well known,<br />

Ghani group was also carved out of the main Dawood group and is based on the<br />

shares held by in-laws of Ahmad Dawood in the parent group.<br />

Dawood family members were put on exit control list and once they managed to<br />

leave the country, they lived out the Bhutto era in exile in Europe and United<br />

States. However Razak Dawood s/o Suleman Dawood shifted to Lahore and<br />

developed a group of Construction/ Engineering Companies today known as the<br />

Descon group.<br />

Ahmad Dawood was born at Batva, Kathiawar in a Memon family. When partition<br />

took place, he had already set up a cotton ginning factory, an oil mill and<br />

vegetable ghee factory in India. He is reported to have told reporters that it was<br />

on the suggestion of Quaid-e-Azam Mohammad Ali Jinnah that he had migrated<br />

to <strong>Pakistan</strong> and incorporated Dawood Corporation for import and export trade.<br />

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