Who Owns Pakistan - Yimg
Who Owns Pakistan - Yimg
Who Owns Pakistan - Yimg
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Unlisted Companies<br />
1. United Paints<br />
2. Pasrur Sugar Mills<br />
3. S. Mohammad Saeed Goreeja & CO<br />
Bawany<br />
Bawany dynasty was founded by two Bawany brothers, Ahmad Karim Ebrahim<br />
Bawany and abdul Latif Ibrahim Bawany born in 1882 and 1890 respectively at<br />
Jetpur, Kathiawar, who had migrated to Burma towards end the end of 19th<br />
century and set up Ahmad Violin Hosiery Works in Rangoon. The two brothers<br />
reportedly made their initial fortunes by selling cloth as a vendor on bicycle from<br />
village to village. It was in Rangoon that they incorporated their first limited<br />
company and established themselves as an importer and exporter.<br />
After the military coup in Burma they returned to set up a business in India and in<br />
1947 migrated to <strong>Pakistan</strong>. It was perhaps in memory of the Hosiery Mills at<br />
Rangoon that a company with the same name was incorporated in Karachi and is<br />
doing a flourishing business.<br />
The name Bawany has its origin in the name of an elder of the family, Bawa<br />
known for his honesty and hard work in home town Jetpur.<br />
They were first among the Memons to open a purchase office in Kobe, Japan<br />
and supported the construction of first mosque in Japan at Kobe.<br />
Bawanies were a big family and Ahmad Bawany had seven sons namely Siddiq,<br />
Majid, Yahya, Ibrahim, Amin, Rauf and Zakaria Bawany, each of whom is<br />
believed to be heading at least one idependent industrial unit independently.<br />
Presetly the members of Bawany family are active in textile, jute, sugar, particle<br />
board, Oxygen, leather, garments, tanneries and cables.<br />
Al-Noor is splinter of Bawanie and the two have joint interests in several<br />
companies. It set up its first Project Al-Noor Sugar Mills in 1970 and today has<br />
four companies listed on KSE. A big project by Al-Noor which is in the offing is<br />
under construction is Al-Noor Fertilizer located at Dhabeji, 50 Km from Karachi<br />
with the projected installed capacity to produce 390,000 tons of Urea and<br />
390,000 tons of DAP.<br />
S No Name<br />
Assests Turnover<br />
1 Bawany Sugar 780 632<br />
2 Faran Sugar 875 576<br />
3 Pioneer Cables 239 358<br />
174
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