Who Owns Pakistan - Yimg

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.
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