1. The Nishat Group
Mian Muhammad Mansha Yaha is the captain of this splendid ship having around
30 companies on board. Mansha, who owns the Muslim Commercial Bank as well,
is now setting up a billion rupee ($ 17 m) paper sack project too. He is one
of the richest Pakistanis around. Nishat Group was country’s 15th richest
family in 1970, 6th in 1990 and Number 1 in 1997. Mansha is on the board of
nearly 50 companies.
2. The Jang Group
This huge media empire was founded by late Mir Khalil-ur-Rehman some six
decades ago. Today, around 10 top newspapers and the multi-billion rupee GEO,
3. The Hashoo Group
Led by the vintage Saddaruddin Haswani, the Hashoo Group is more known for its dominance in Pakistan’s hotel industry, though the people who know a bit more about the Hashwanis are of their strength in real estate business too.
4. The Packages Group
The seed of this huge empire was sown by Syed Maratib All, a renowned
supplier for British Army and the Indian Railways before partition. The
group launched a joint venture with Lever Brothers soon after 1947, but
massive production of Pakistan Tobacco Company later reportedly made Syed
Maratib All and sons install a packaging Unit by the names of Packages
5. The House of Habib
Legend has it that the Goddess of Wealth has been in love with the seasoned Habibs more than anybody else in Pakistan. Most pundits believe that Habibs
own at least 100 companies throughout the world,
6. The Saigols
Saigols originally hail from Jehlum. The pioneer of the Saigol dynasty in
1890 was Amin Saigol who established a shoe shop that eventually transformed
into Kohinoor Rubber Works
7. Nawa-E-Waqt Group
The Nizamis may not be Rockefellers or the Sheikh Muhammad, but arc the
custodians of a highly influential media empire
8. The Saif Group
Is owned and operated by the sons of famous NWFP lady politician Begum
Kalsum Saifullah. Her eldest son Javid Saifullah heads Ibis very powerful
business group.
9. The Crescent Group
The history of this group dates back to 1910 when Shams Din of Chiniot and
his four sons came into business with a tannery at Amritsar
10. The Monnoo Group
The Monnoo dynasty was founded by two brothers-Dust Muhammad and Nazir Hussain in 19405 at Calcutta. The first unit owned by the Monnoos was the Olympia Rubber Works
11. The Dewan Group
Dewan Yousaf Farooqui. The mentor of this group has been the Sindh Minister for Local Bodies. Industries, Labour, Transport, Mines & Minerals.
12. The Lakson Group
The Lakhanis are currently having a hard lime at the hands of NAB. Sultan
Lakhani and his three brothers run this prestigious group and the chain of
McDonald’s restaurants in Pakistan.
13. The Sapphire Group
Headed by a veteran industrialist Mian Abdullah, this splendid empire owns
11 yarn spinning plants (producing 60,000 tonnes of yarn annually),
14. The Dawood Group
Was ranked Pakistan’s biggest group in 1970, 3rd in 1990 and 15th in 1997
15. The Best Way Group
Sir Anwar Pervaiz is the Chairman of Bestway Group which started off as a
specialist Asian food store in West London in 1962.
16. The Haroon Family
Headed by Yusuf Haroon, 9l, the former Sindh Chief Minister and Governor
West Pakistan, this family owns The Herald Group of publications which
includes the Daily Dawn, Monthly Herald, Aurora and Spider magazines
17. The Yunus Brothers
The Chairman of this group is Abdul Razzak Tabba. This group owns one of the largest warehouses (textile products) in Pakistan.
18. Gul Ahmad/Al-Karam Group
Gul Ahmad is one of the most vibrant Memon business houses in the country
that was founded by Haji Mohammad Pakolawala, but is now split between Gul Ahmad and Al-Karam Group of Industries
19. The Bawany Group
Bawany dynasty was founded by two Bawany brothers, Ahmad Karim Ebrahim office in Japan and nre currently active in textiles, jute, sugar, particle
board, Oxygen, leather, garments, tanneries and cables
20. The Servis Group
Shahid Hussain is the Chairman of this massive foot-wear giant whicb now is
neck-deep in textile business too
21. The Tata Family
Do not confuse the Tatas in Pakistan with their name-sake market leaders in
India,,Jinnah Hospital Lahore). The sitting Federation President Riaz Tata heads the Naveena Exports
22. The Alam Group
This establishment comprising three leather and two textile units is led by
former President Karachi Chamber Shahzada Alam,
23. The Guard Group
The 87-year old Malik Shafi, decorated with Pakistan’s highest civil award, The Guard Group deals in automotive parts, filters, brake fluids and other vital accessories of motor
24. The Ejaz Group
This establishment owns country’s largest knitwear-cum-dyeing facility at
Lahore. More than half a dozen textile units
25. The Tabani Family
The Tabanis are also deemed as one of the biggest groups associated with
manufacturing, trade, export and import business. They are one of the few
Pakistani industrialists holding massive stakes in Central Asian Republics.
Sunday, April 6, 2008
Friday, February 8, 2008
Dewan Motors
Dewan Farooque Motors Limited has one of the most advanced automobile assembly plants of South Asia. Located at
Dewan Motors
Dewan City, Sujawal, Thatta, with a total project cost of Rs. 1.8 billion, the plant is built on an area of 42,000 square meters. Selection of the site reflects the commitment of Dewan Group towards building of a prosperous Pakistan and its contribution to national wealth. The project has provided direct employment to over 700 personnel. The plant is the first automobile manufacturing unit in Pakistan to be independently invested by 100% Pakistani investors. The annual capacity of the plant is 10,000 units on a single shift basis. The groundbreaking ceremony for the plant was held in June 1999, and the first Kia Classic rolled-out in a record time of six months. Today the modern state-of-the-art plant is rolling-out cars every day. This is the first and only automobile assembly plant in Pakistan with state of art robotic equipment. Dewan Farooque Motors Limited has technical collaboration and license agreements with the following Korean companies:
Hyundai Motor Company – December 25th 1998
Kia Motors Corporation – July 27th 1999
Wednesday, June 20, 2007
Dewan Group differences widen
KARACHI: The family disputes in the Dewan Group have been intensified to the extent of filing cases against each other.
According to reliable sources, after increase in the tussle for rights in Dewan Group of Companies, reports have been received about separate occupation of offices and companies by the members of the family.
On the other hand, it is learnt, some very influential persons holding private and government posts have been using their influence for a patch-up in the family. It is further learnt that after widening of differences between the family, financial institutions have started examining the Group matters. The differences have also led to rumours and caused tongues to wag in the stock market.
Financially Dewan Group is a very big group. The Group has a vast business in textile and sugar sectors. It has a big name in the fibre sector. Recently the group has started a business of a chain store in the name of D Mart. Moreover, the group has recently gained a foothold in the oil and gas sector.
It is said that the differences in the group intensified after the death of an elderly woman of the family. Besides brothers, the group matters are also in the hands of cousins. That is why the differences have spread among cousins along with brothers. According to the sources, as a very influential person of the country has relationship with the family, government officers are making hectic efforts to resolve the differences.
According to reliable sources, after increase in the tussle for rights in Dewan Group of Companies, reports have been received about separate occupation of offices and companies by the members of the family.
On the other hand, it is learnt, some very influential persons holding private and government posts have been using their influence for a patch-up in the family. It is further learnt that after widening of differences between the family, financial institutions have started examining the Group matters. The differences have also led to rumours and caused tongues to wag in the stock market.
Financially Dewan Group is a very big group. The Group has a vast business in textile and sugar sectors. It has a big name in the fibre sector. Recently the group has started a business of a chain store in the name of D Mart. Moreover, the group has recently gained a foothold in the oil and gas sector.
It is said that the differences in the group intensified after the death of an elderly woman of the family. Besides brothers, the group matters are also in the hands of cousins. That is why the differences have spread among cousins along with brothers. According to the sources, as a very influential person of the country has relationship with the family, government officers are making hectic efforts to resolve the differences.
Thursday, November 23, 2006
Rolls Royce opens showroom in Pakistan
LAHORE: Rolls Royce Motor Cars on Wednesday opened Pakistan’s first showroom in the Punjab capital and announced to establish its outlets also in Karachi and Islamabad.
Dewan Motors has been appointed as an exclusive representative of the motorcar company in the country. Farooq Mustafa, President and Chief Operating Officer of Dewan Motors told this while briefing newsmen at a local hotel. Frank Tiemann, Manager, Corporate Communications, Europe and Middle East, Rolls Royce Motor Cars, Axel Obermuller, Managing Director Europe and Middle East Rolls Royce Motor Cars, Dewan Yousaf Farooqui, Chief Executive Officer of Dewan Motors were also present on the occasion. While briefing about his company, Farooq Mustafa said Dewan Farooque Motors, the first company of Dewan Group-Automotive Operations, opened its doors for business in April 1999 and in short span of seven years, they have grown to seven companies. APP
Dewan Motors has been appointed as an exclusive representative of the motorcar company in the country. Farooq Mustafa, President and Chief Operating Officer of Dewan Motors told this while briefing newsmen at a local hotel. Frank Tiemann, Manager, Corporate Communications, Europe and Middle East, Rolls Royce Motor Cars, Axel Obermuller, Managing Director Europe and Middle East Rolls Royce Motor Cars, Dewan Yousaf Farooqui, Chief Executive Officer of Dewan Motors were also present on the occasion. While briefing about his company, Farooq Mustafa said Dewan Farooque Motors, the first company of Dewan Group-Automotive Operations, opened its doors for business in April 1999 and in short span of seven years, they have grown to seven companies. APP
Wednesday, December 22, 2004
Rafique Lakhani
Senior Vice President Mr. Rafique Lakhani has over 19 years of experience in financial management and controllership. Prior to joining Abraaj, from 1995 to 2005, he was Chief Financial Officer of the Cupola Group, a regionally focused operating group based in Dubai with diverse business interests in consumer, retail, information and engineering sectors in the Middle East and South Asia. At Cupola, he was responsible for group financial planning and control, treasury and risk management, tax planning, banking relationships, accounting and financial reporting. He also participated in the due diligence and financing of various acquisition and subsequent divestment transactions. Mr. Lakhani was Financial Controller for the Dewan Group in Karachi, Pakistan. Prior to joining Dewan, he was associated with Al Batha Group, Sharjah, U.A.E. as Finance Manager for their Group Treasury. He is a fellow member of the Institute of Chartered Accountants of Pakistan.
Friday, April 16, 2004
AHSL brokers deal between Dewan, Allied
KARACHI: Dewan Group has taken over Allied Groups’ stake in Allied Motors Ltd, and a deal to this effect between Dewan Mushtaq Group and Allied Group was brokered by Arif Habib Securities Ltd (AHSL), said a press release issued by the AHSL here Thursday. The company used to be called Allied Tractors Ltd and assembled tractors of the Ford brand. During the 1990s, the company had a dispute with Ford and the plant has been closed for the number of years. The equity of Allied Motors Ltd is negative and the book value per share after taking into account revaluation of assets in below Rs 4. Dewan Group bought 4,753,259 shares (53 percent) at a rate of Rs 1 and in addition has agreed to take on the responsibility for the discharge of the liabilities of the company, the release said. “The deal was finalised after talks with a number of parties, as it was felt that the interests of the minority shareholders would best be looked after by Dewan Group,” it added. —Staff Report
Friday, April 26, 2002
BMW to be assembled in Pakistan after 2006
KARACHI: Dewan Motors (Pvt) Ltd (DMPL), which began importing various models of BMW cars from Munich, Germany earlier this month and will formally launch in a few days time plans to begin local assembly of BMWs after 2006, a company source has said.
“At present we are importing all the models of BMW cars and are also providing all servicing facilities, including spare parts,” the source said. The launching will take place simultaneously in Karachi, Lahore and Islamabad.
He said that although the cars have not been officially launched yet, a demand for them has been seen in Karachi, Lahore and Islamabad.
“We are taking orders for all the latest models from the customers, and a number of vehicles have already been booked,” said the official. However, he refused to give the exact number of the vehicles booked so far.
He also said that the company is hiring well-experienced staff to look after the BMW vehicles in Pakistan, but refused to give the exact investment figure. An advertisement in the weekend newspapers from the group called for applications for ten positions.
Earlier, Redco group imported BMW cars till 1999, but after that there was no legal importer of BMW in the country.
The Dewan group entered the automobile area in December 1998. “Based on the experienced gained by managing assembling, marketing, selling and after-sales support of automobiles operations, the management of Dewan group set out to capture the luxurious BMW car segments, said the source.
According to unofficial figures, at present 600 to 700 BMW vehicles are plying on the country’s roads, as the vehicle is one of the expensive cars in the world.
“The main objective of the Dewan group is to bring all the latest models of BMW including 5-series, 7-series and others,” said the company official. “The group is also importing whole diagnostic equipments and software to diagnose the on-board problems on computers in the vehicles and other servicing facilities including fixing and others.”
Dewan Motors will open two showrooms for BMW in Karachi and Lahore, while it already has a showroom in Islamabad, the source said. He added that no dealer of any showroom would be involved in the selling of these vehicles in the country, as the country has decided to market the vehicles itself.
According to him, the prices of the different BMW models would range between Rs 4 million and Rs 15 million. “Of course the Pakistani people have the purchasing power to buy such luxury cars, and there is a demand of such vehicles here,” he said.
He said the company’s main focus is on the BMW models, adding that according to the survey done by the company, the demand of MINI is very low. “Some 20 to 30 year old MINI vehicles are plying on the roads of the country, but the people are not interested in importing new models of this vehicle,” he said. However, he added that the company would still import the latest models of MINI to market them here.
According to BMW, electrical and electronic systems are the key driving force behind some 90 percent of all the BMW groups’ innovations, and these technologies represent something of a “digital revolution” within the automotive industry and vehicle development.
http://www.dailytimes.com.pk/default...-10-2003_pg5_4
Great news for Pakistan. I hope Dewan group carried out its research before launching this mega project. BMW doesnt like failures!
I also hope that the government concentrates on raising the income level of the people so that more people can afford these magnificent cars.
“At present we are importing all the models of BMW cars and are also providing all servicing facilities, including spare parts,” the source said. The launching will take place simultaneously in Karachi, Lahore and Islamabad.
He said that although the cars have not been officially launched yet, a demand for them has been seen in Karachi, Lahore and Islamabad.
“We are taking orders for all the latest models from the customers, and a number of vehicles have already been booked,” said the official. However, he refused to give the exact number of the vehicles booked so far.
He also said that the company is hiring well-experienced staff to look after the BMW vehicles in Pakistan, but refused to give the exact investment figure. An advertisement in the weekend newspapers from the group called for applications for ten positions.
Earlier, Redco group imported BMW cars till 1999, but after that there was no legal importer of BMW in the country.
The Dewan group entered the automobile area in December 1998. “Based on the experienced gained by managing assembling, marketing, selling and after-sales support of automobiles operations, the management of Dewan group set out to capture the luxurious BMW car segments, said the source.
According to unofficial figures, at present 600 to 700 BMW vehicles are plying on the country’s roads, as the vehicle is one of the expensive cars in the world.
“The main objective of the Dewan group is to bring all the latest models of BMW including 5-series, 7-series and others,” said the company official. “The group is also importing whole diagnostic equipments and software to diagnose the on-board problems on computers in the vehicles and other servicing facilities including fixing and others.”
Dewan Motors will open two showrooms for BMW in Karachi and Lahore, while it already has a showroom in Islamabad, the source said. He added that no dealer of any showroom would be involved in the selling of these vehicles in the country, as the country has decided to market the vehicles itself.
According to him, the prices of the different BMW models would range between Rs 4 million and Rs 15 million. “Of course the Pakistani people have the purchasing power to buy such luxury cars, and there is a demand of such vehicles here,” he said.
He said the company’s main focus is on the BMW models, adding that according to the survey done by the company, the demand of MINI is very low. “Some 20 to 30 year old MINI vehicles are plying on the roads of the country, but the people are not interested in importing new models of this vehicle,” he said. However, he added that the company would still import the latest models of MINI to market them here.
According to BMW, electrical and electronic systems are the key driving force behind some 90 percent of all the BMW groups’ innovations, and these technologies represent something of a “digital revolution” within the automotive industry and vehicle development.
http://www.dailytimes.com.pk/default...-10-2003_pg5_4
Great news for Pakistan. I hope Dewan group carried out its research before launching this mega project. BMW doesnt like failures!
I also hope that the government concentrates on raising the income level of the people so that more people can afford these magnificent cars.
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