Who Owns Pakistan - Yimg
Who Owns Pakistan - Yimg
Who Owns Pakistan - Yimg
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
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 />
164