Who Owns Pakistan - Yimg

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Lakhani (Lakson) Lakhanis have grown during the last two decades and are one of the three big Ismaeeli groups among top 22 families today. However they have been at loggerhead with one of the other Ismaeeli family i.e the Hashwanis over several corporate takeovers. Sultan Lakhani is the eldest of the four brothers who have partnership in the group with units manufacturing detergents, soap, surgical instruments, paper and board, as well as food. Lakhanis claimed to have an annual turnover of 200 million dollars in 1990 and if ranked by turnover should come among the top ten but it would be mainly because of the sizable turnover of the Premier and Lakeson Tobacco. The group has recently won the coverted franchise for McDonalds Fast Food in Lahore. S No Name Listed Companies Assets Turnover 1 Premier Tobacco 442 2,206 2 Lakson Tobacco 511 2,405 3 Century Paper 1,117 1,104 4 Merit Packaging 73 197 5 Clover Foods 72 24 6 Tritex Cotton 253 291 7 National Detergents - - 8 Colgate 408 1,347 TOTAL 2,876 7,574 Financial Companies 9 Century Insurance Unlisted Companies 1. Siza Commodity (pvt) Ltd 2. Accuracy Surgical 3. Siza Services (pvt) Ltd 4. Project Development Services 5. Star Development 169
Fateh S No Name Assets Turnover 1 Fateh Textile 2,170 2,123 2 Fateh Sports Wear 420 157 3 Fateh Industries 253 240 TOTAL 2,843 2,520 Unlisted Companies 1. Bahawalpur Textile 2. Fateh Apparel 3. Fateh Garments 4. Fateh Furnishers 5. Fateh Jeans 6. Fateh Weaving Mills 7. Hotel Fateh Ltd 8. Nephew and Nephew 9. Walisons Sargodha This is another Chinioti group founded by Mian Mohammad Aslam, 69 who returned to <strong>Pakistan</strong> in 1947 from India where he owned a leather tanning unit. " I used to roam on bicycle from village to village, collecting skins for the tanners, earning a profit of One Anna (4 paisas) per skin", he was reportedly fond of telling his visitors. Currently the group is facing litigation from Al-Mashriq Bank for default in the payment of a Rs 120 million loan. S No Name Assets Turnover 1 Shahzad Textile 379 401 2 Shaheen Cotton 327 394 3 Shadab Textile 85 142 4 Sargodha Spinning 695 253 5 Sajjad Textile 512 215 170
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Who Owns Pakistan By Shahid-ur-Rahm
Page 4 and 5:
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
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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
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21 Hussain Nawaz Sharif 3,285,6813
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The voiceless small investors have
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Chapter Four - Pakistan's Tax Web P
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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
Page 148 and 149: 141
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 168 and 169: Unlisted Companies 1. Clearance and
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 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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