Who Owns Pakistan - Yimg

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1 Mubarik Textiles 346 119 2 Fatima Enterprise - - 3 Fazal Textile - - 4 Reliance Textile - - Umer S No Name Assets Turnover 1 Bhenero Textile 457 665 2 Blessed Textile 320 209 3 Faisal Spinning 349 326 Unlisted Companies Al-Fajr Manufacturer of Hush Puppy Shoes Calico S No Name Assets Turnover 1 Ice Textile 711 676 2 Ideal Spinning 318 392 3 Calico Cotton 47 75 4 Ashfaq Textile 159 129 TOTAL 1,235 1,272 Unlisted Companies Arshad Textile Adamjee " In a society, deep neck in corruption, I more often than not, find myself a misfit. There is no place for a veteran businessman anymore in the society ". 181
G M Adamjee The Adamjee dynasty was founded by Haji Dawood in 1896 by establishing a commodity trading company, but it was his son Sir Adamjee Haji Dawood , under whom the Adamjee empire came to be built on a solid foundation. In 1923 he built a Match factory outside Rangoon, second biggest in the world for a long time. At the time of partition, Adamjee were the biggest exporter of jute from Calcutta. Abdul Wahid Adamjee had three sons, namely Mohammad Hanif, Abdul Hamid and Abdul Razak. A G Adamjee s/o Zakaria Adamjee has two sons Akbar Adamjee and Zafar Adamjee. G M Adamjee has Ashraf Adamjee. Adamjee Jute Mills was the biggest jute mill in the world, employing 25,000 workers and producing 100,000 tons of Hessian and gunny bags. Other units in the group in East Pakistan included: Primier Lamination producing polythene laminated jute goods. Meghna Textile Mills Star Particle Board National Tubes Limited at Tongi Industrial Area Dacca Vegetable Oil Industry and Aroma tea blended from five tea gardens at Sylhet In addition Adamjee had stakes in other business concerns in East Pakistan like Karnaphuli Paper Mills of Dawood and Bengla Assam Steamship. In Bhutto's nationalization they lost Muslim Commercial Bank and interest in Mohammadi Steamship Company, leaving them only Adamjee Sugar Mills and Adamjee Cotton Mills, Karachi. Adamjee own Pakistan's biggest insurance company, Adamjee Insurance but do not rank among top 44 groups based on manufactruing assets. However like the Habib group they are also making conscious efforts to appear small and inconspicuous. For example they have set up a big pharmaceutical unit whose products are being sold in the market under the packing of Adamjee without identifying the company. S No Name Assets Turnover 182
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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
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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
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political heavyweights or their hen
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Export Duties It is one of the most
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Capital Gain Tax As is evident from
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Law Authority will soon seek public
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Chapter 5 - Money and Politics Elec
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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 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 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 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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