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Saigol Group
The Saigol Group, also known as Kohinoor Group, is a Pakistani conglomerate company which is based in Lahore, Pakistan. The company was founded by Amin Saigol in the 1930s with a small shop that eventually developed into the Kohinoor Rubber Works. Historical background The Saigol family were originally farmers from a small town called Khotian, Chakwal District, Punjab, Pakistan. Khotian town was later named Saigolabad after this family. Sayeed Saigol moved to Calcutta in the 1930s and opened a shoe store. He opened a rubber shoe factory, and was a supplier of rubber shoes and raincoats to the Allied Forces during World War II. Saigol, anticipating the division and independence of British India, moved his assets to Lahore in the early 1940s. After the independence of Pakistan in 1947, with the help of his younger brothers Yousuf and Bashir, he set up their first textile spinning mill in Lyallpur (now called Faisalabad) in 1949. Later the family expanded its textile business to ...
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Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premium to the ...
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Zulfikar Ali Bhutto
Zulfikar (or Zulfiqar) Ali Bhutto ( ur, , sd, ذوالفقار علي ڀٽو; 5 January 1928 – 4 April 1979), also known as Quaid-e-Awam ("the People's Leader"), was a Pakistani barrister, politician and statesman who served as the fourth President from 1971 to 1973, and later as the ninth Prime Minister of Pakistan from 1973 to 1977. Bhutto is an icon of leadership for his efforts to preserve and lead the nation after the Bangladesh Liberation War. His government drafted the Constitution of Pakistan in 1973, which is the current constitution of the country. He was the founder of the Pakistan People's Party (PPP) and served as its chairman until his execution. Bhutto's execution in 1979, till this day is widely recognised as a judicial murder ordered by then dictator General Zia-ul-Haq. His daughter, Benazir Bhutto later led the PPP and became the 11th and 13th Prime Minister of Pakistan; his grandson, Bilawal Bhutto Zardari is the current chairman of PPP and is serving a ...
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Conglomerate Companies Of Pakistan
Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** Conglomerate (record label), a hip hop label founded by Busta Rhymes * The Conglomerate (Australian group), a jazz quartet See also * Conglomerate Ridge, in the Ellsworth Mountains, Antarctica * ConGlomeration (convention) ConGlomeration was an annual multigenre convention held in or around Louisville, Kentucky between 2001 and 2019. ConGlomeration was an all-volunteer non-profit organization which, as part of its convention programming, conducted charitable acti ...
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Saigol Group
The Saigol Group, also known as Kohinoor Group, is a Pakistani conglomerate company which is based in Lahore, Pakistan. The company was founded by Amin Saigol in the 1930s with a small shop that eventually developed into the Kohinoor Rubber Works. Historical background The Saigol family were originally farmers from a small town called Khotian, Chakwal District, Punjab, Pakistan. Khotian town was later named Saigolabad after this family. Sayeed Saigol moved to Calcutta in the 1930s and opened a shoe store. He opened a rubber shoe factory, and was a supplier of rubber shoes and raincoats to the Allied Forces during World War II. Saigol, anticipating the division and independence of British India, moved his assets to Lahore in the early 1940s. After the independence of Pakistan in 1947, with the help of his younger brothers Yousuf and Bashir, he set up their first textile spinning mill in Lyallpur (now called Faisalabad) in 1949. Later the family expanded its textile business to ...
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Azam Saigol
Azam Saigol (17 November 1951 – 24 January 2018) was a Pakistani businessperson and politician. He held executive positions at Kohinoor Industries, Saritow Spinning Mills, Pak Elektron, and Azam Textile Mills. He was on the Pakistan International Airlines board from 2013 to 2016, before serving as chairman in 2016. Early life and education Saigol was born on 17 November 1951 to Mian Yousuf Saigol, who founded Saigol Group. He was educated at the Aitchison College, Lahore and Government College University, Lahore. For further education, he went to England and studied at the University of Oxford and completed a Bachelor's in economics. Career He held executive positions at Kohinoor Industries, Saritow Spinning Mills, Pak Elektron, and Azam Textile Mills. He was on the Pakistan International Airlines board from 2013 to 2016, before serving as chairman in 2016. He resigned in December 2016 citing personal reasons. Press noted that a week prior, a Pakistan International Airlines ...
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Ittehad Chemicals
Ittehad Chemicals Limited () is a publicly listed chemical manufacturing company in Pakistan and the company stock is publicly traded on the Pakistan Stock Exchange. History The company was commissioned in 1964 as United Chemicals by Saigol Group and started production with an initial installed capacity of 60 metric ton/day of caustic soda and 54 metric tons/day of chlorine. Rising demand facilitated the first expansion, carried out in 1969, which increased capacity to 90 metric tons/day of caustic soda and 81 metric tons/day of chlorine. In 1972, Prime Minister Zulfiqar Ali Bhutto began a Nationalisation in Pakistan plan to take over privately-run companies. United Chemicals was nationalized by the Pakistani Government, renamed Ittehad Chemicals, and put under the control of the Federal Chemical and Ceramics Corporation Limited (FPCCL). Another company, Insecticide Pakistan Limited., was nationalized and renamed Ittehad Pesticides Limited in 1973. Later, the two companies wer ...
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Maple Leaf Cement
Maple Leaf Cement () is a Pakistani building materials company which is owned by United Venture Holdings. It is one of the largest Pakistani cement manufacturer and is based in Lahore, Pakistan. In 1992, Saigol Group acquired the company under the privatization scheme from the Government of Pakistan The Government of Pakistan ( ur, , translit=hakúmat-e pákistán) abbreviated as GoP, is a federal government established by the Constitution of Pakistan as a constituted governing authority of the Administrative units of Pakistan, four provin ... Pakistan. References Saigol Group Cement companies of Pakistan Manufacturing companies established in 1956 Pakistani brands Manufacturing companies based in Lahore Companies listed on the Pakistan Stock Exchange Formerly government-owned companies of Pakistan Pakistani companies established in 1956 {{Pakistan-company-stub ...
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Qingqi
Jinan Qingqi Motorcycle Co., Ltd () is a Chinese manufacturer of mopeds, quadbikes and other small engined & electric motorcycles that was founded in 1956. The company headquarters is located in Jinan, Shandong Province. Qingqi is probably the best known moped brand in modern China and the company is one of the larger manufacturers of small engine motorcycles in the world, but is almost completely unknown outside its domestic market, it is however a large original equipment manufacturer provider to companies such as Cycle Union,Medien verlagKreidler Supermoto 125 DD Review Suzuki and Peugeot.Jinan QingqiCompany history In the case of the latter two companies that has eventually lead to the formation of joint ventures including JQ/Suzuki venture called Plum Qingqi Motors A plum is a fruit of some species in ''Prunus'' subg. ''Prunus'.'' Dried plums are called prunes. History Plums may have been one of the first fruits domesticated by humans. Three of the most abundantly culti ...
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Faisalabad Grammar School
Faisalabad (; Punjabi/ ur, , ; ), formerly known as Lyallpur ( Punjabi, Urdu: لائل پور), named after the founder of the city, but was renamed in 1977 in honour of late King Faisal of Saudi Arabia. It is the 3rd largest city of Pakistan after Karachi and Lahore respectively, and the 2nd largest city of Punjab after Lahore. Faisalabad is one of Pakistan's wealthiest cities, the largest industrial hub and 2nd largest city of wider Punjab region. Historically one of the first planned cities within British India, it has long since developed into a cosmopolitan metropolis. Faisalabad was restructured into city district status; a devolution promulgated by the 2001 local government ordinance (LGO). The total area of Faisalabad District is while the area controlled by the Faisalabad Development Authority (FDA) is . Faisalabad has grown to become a major industrial and distribution centre because of its central location in the region and connecting roads, rails, and air ...
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PEL (Pakistan)
Pak Elektron Limited (PEL) () is a Pakistani engineering corporation which manufactures major home appliances and electrical equipment. PEL operates in two segments - power and appliances. The former includes manufacturing of transformers, grid stations and energy meters among other goods, while the latter division deals in making, assembling and distribution of home appliances like refrigerators and air conditioner. History PEL was founded in 1956 through a technical collaboration with AEG. In 1978, PEL was acquired by Saigol Group and was taken public a decade later. Over the years, PEL has formed alliances with several international giants, including General Electric, Fujitsu, and Hitachi. The company also became the sole distributor of LG Corporation's home appliances in 2009. In 2020, PEL became a distributor of Panasonic products in Pakistan. Appliances Division PEL’s Appliances Division is the flag carrier of the Saigol Group involved in home appliances manufacturing. ...
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Kala Shah Kaku
Kala Shah Kaku (also known as KSK) is a town located in Sheikhupura District, Punjab, Pakistan. It is part of the Ferozewala Tehsil of Sheikhupura District. Kala Shah Kaku is on the M-2 motorway and Grand Trunk Road (GT Road) 19 km west from Lahore. It is the main entry point of Lahore from Peshawar, Rawalpindi, Sialkot, Kharian, Gujrat, Jehlum, Wazirabad and Gujranwala via GT Road. It was earlier famous due to Pakistan State Oil (PSO) depot being located here. This depot was the main source of fuel supply to Lahore, Gujranwala, Sheikhupura and Kasur etc Kala Shah Kaku is an industrial area. Many industries are located here. Famous engineering institution of Pakistan, University of Engineering and Technology, Lahore (UET Lahore) has a campus in this area called University of Engineering and Technology, Kala Shah Kaku Campus (UET KSK Campus) which was established in 2006. Moreover, first ground station of Paksat-1R satellite been established in Kala Shah Kaku which is control ...
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Textile Mill
Textile Manufacturing or Textile Engineering is a major industry. It is largely based on the conversion of fibre into yarn, then yarn into fabric. These are then dyed or printed, fabricated into cloth which is then converted into useful goods such as clothing, household items, upholstery and various industrial products. Different types of fibres are used to produce yarn. Cotton remains the most widely used and common natural fiber making up 90% of all-natural fibers used in the textile industry. People often use cotton clothing and accessories because of comfort, not limited to different weathers. There are many variable processes available at the spinning and fabric-forming stages coupled with the complexities of the finishing and colouration processes to the production of a wide range of products. History Textile manufacturing in the modern era is an evolved form of the art and craft industries. Until the 18th and 19th centuries, the textile industry was a household work. ...
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