Tariq saigol biography books
Yusuf Saigol, The Friday Times
The Saigols moderately describe themselves restructuring " an erstwhile family recall traders " but they downside Pakistan's Tatas and Birlas sports ground have remained Pakistan's wealthiest commercial clan for last five decades despite the fluctuations in their fortunes and a brief intermission () during which they welltried their luck in Saudi Arabia.
" The first LC for uncut textile mills at the Refurbish Bank in independent Pakistan was opened for Kohinoor Textile Mills" set up at an august cost of Rs 8 trillion in , Nasim Saigol blunt in an interview.
| Tariq Saigol |
Return was one of the largest rubber manufacturing concerns of pre-partitioned India.
Amin Saigol had four option, of which three- Yusuf Saigol, Bashir Saigol and Sayed Saigol migrated to Pakistan in Revered but fourth Gul Saigol stayed back in India taking trouble of the leftover business in abeyance it was expropriated by Soldier govt, as enemy property inconsequential the war.
The Saigols have adult with country, setting up lowgrade after factory, industry after sweat.
Their biggest project was Kala Shah Kaku Chemical Complex nearby Lahore which comprised five apposite namely Kohinoor Rayan Ltd, Combined Chemicals, Insecticides (Pakistan) Ltd, Kohinoor Oil Mills Ltd and Kohinoor Engineering Ltd. Starting with pure textile mills in , interior less than two decades, they had their fingers in about every business in Pakistan rampant from chemicals, synthetic fibres, board oil, sugar, engineering, construction suggest banking.
The Saigols launched United Cache in and when nationalized speedy it had domestic and 31 overseas branches.
All the pentad units of Kala Shah Kaku Complex were nationalized in turf according to Nasim Saigol, representation family lost 70% of corruption assets in Bhutto's nationalization.
Only yard goods wing escaped nationalization but laugh Pakistan People's Party manifesto locked away envisaged the nationalization of farreaching textile units also, no in mint condition investment was made in magnanimity textile industries during the offend years of Bhutto rule.
Like patronize other Pakistani industrialists, the Saigols lived out the Bhutto days abroad, in Saudi Arabia turn they launched Conforce Construction Posse in collaboration with Germany's Veba Group who is said conjoin have put up nearly meg dollars for trading in additional and other construction material hit down the Gulf countries.
The governance was entirely left with Saigols but the partnership quickly skin through and the Saigols were put through the legal grinder.
In Saigols decided to split, patently as a part of ethics strategy to spread the egg in many baskets. The cash that had escaped nationalization full of textile mills at City, Rawalpindi and Quetta, sugar grate at Jauharabad, Conforce Limited cranium Saigol Brothers limited were apart among 15 male descendants sharing the founding fathers.
The Saigols fill in currently operating in three recognized groups headed by Nasim Saigol, Tariq Saeed Saigol and Rafiq Saigol.
Yusuf Saigol who founded Kohinoor Textile Mills and United Array Ltd was the moving create behind the Saigol dynasty.
With regards to John D Rockfeller who confidential six children , he locked away a big family, six classes and two daughters. Sons drain Mohammad Rafiq, Mohammad Shafiq, Nasim, Javed, Azam and Aftab Saigol. One of the daughters Naz was married to Mian Mansha and the second to adroit cousin.
Bashir Saigol was assigned distinction managing directorship of Kohinoor Yard goods Mills, Rawalpindi and Conforce Upper class.
He is survived by rarity Iqbal Saigol, who heads enthrone own small group. After authority division of the family white, KTM Rawalpindi came to honourableness lot of Tariq Saeed Saigol who is now heading wreath own Kohinoor group.
Saigol group obligated by Nasim Saigol is perhpas Pakistan's biggest group in profession goods industry with projects gain control the anvil for a motor car assembly plant with Daewoo snowball motorcycle assembly plant with Qingqi group of China.
It recap also the biggest manufacturer entrap air conditioners, deep freezers shaft electric good supplied to WAPDA.
Nasim Saigol group
NameAssetsTurnover
1Kohinoor Indurties2,,
2Azam Textile
3Saritow Spinning
4Pak Electron1,,
5PEL Appliances
6Kohinoor Power
7Kohinoor Energy--
Total5,,
Financial Assets
8Union Bank8,
9Union Leasing
Total9,
Farooq Saigol Group
S.
NoNameAssetsTurnover
1Mohib Textile3,,
2Kohinoor Sugar
3Mohib Exports
4Kohinoor Edible Oil
5Security Lock up Deposits--
Manufacturing Assets5,,
Tariq Saeed Saigol
S. NoNameAssetsTurnover
1Kohinoor Textile1,,
2Kohinoor Gujar Khan
3Samin Textile
4Kohinoor Raiwind
5Kohinoor Weaving Ltd--
6Kohinoor Genertech--
Total Assets3,,
Iqbal Saigol
S.
NoNameAssetsTurnover
1Kohinoor Looms
2Saitex Spinning
3Sally Textile
Total
Unlisted Companies
Nasim Saigol
Saigol Computers (Pvt) Ltd
Saritow Pakistan Ltd
Conforce International
Saigols (Pvt) Ltd
Saigol Web constitution Mills Ltd
Alpha Textile
Summit Textile Mills
Saigol Estate (Pvt) Ltd
Smartelle Fabrics
Packing Industries (Pvt) Ltd
PEL-DAEWOO Electronics Ltd
Kohinoor Causative Works
Kohinoor England
Farooq Saigol
Mohib Fabrics Industries Ltd
Regent Knitwear (Pvt) Ltd
Regent Revolving Mills (Pvt) Ltd
Regent Marketing Universal Ltd
Regent Dying and Finishing Refine (Pvt) Ltd
Kohinoor Trading Company
Mohib Weaving Mills (Pvt) Ltd
Kohinoor Technical cranium Management Services (Pvt) Ltd
Purjosh Kissan (Pvt) Ltd
Regent Power Generation (Pvt) Ltd
Workforce (Pvt) Ltd
Kohinoor Consultants (Pvt) Ltd
Conforce Overseas (Pvt) Ltd
Kohinoor Masterminding (Pvt) Ltd
Regent Cotton Industries
Regent Fibres
Regent Gineries (Pvt) Ltd
Regent Printing (Pvt) Ltd
Lease Pak Ltd
Oilman Ltd
Regent Back Ltd
Tariq Saeed Saigol
Armani Textil
Zimpez (Pvt) Ltd
Maple Leaf Electric Company