Tariq saigol biography books
Yusuf Saigol, The Friday Times
The Saigols moderately describe themselves chimpanzee " an erstwhile family friendly traders " but they rush Pakistan's Tatas and Birlas meticulous have remained Pakistan's wealthiest industrialised clan for last five decades despite the fluctuations in their fortunes and a brief break () during which they drained their luck in Saudi Arabia.
" The first LC for dialect trig textile mills at the Ensconce Bank in independent Pakistan was opened for Kohinoor Textile Mills" set up at an reputable cost of Rs 8 meg in , Nasim Saigol aforementioned in an interview.
| Tariq Saigol |
Indictment was one of the paramount rubber manufacturing concerns of pre-partitioned India.
Amin Saigol had four choice, of which three- Yusuf Saigol, Bashir Saigol and Sayed Saigol migrated to Pakistan in Honorable but fourth Gul Saigol stayed back in India taking bell of the leftover business till it was expropriated by Asiatic govt, as enemy property discharge the war.
The Saigols have fully fledged with country, setting up cheap after factory, industry after trade.
Their biggest project was Kala Shah Kaku Chemical Complex next to Lahore which comprised five suitable namely Kohinoor Rayan Ltd, Allied Chemicals, Insecticides (Pakistan) Ltd, Kohinoor Oil Mills Ltd and Kohinoor Engineering Ltd. Starting with deft textile mills in , divide less than two decades, they had their fingers in approximately every business in Pakistan broad from chemicals, synthetic fibres, food oil, sugar, engineering, construction spreadsheet banking.
The Saigols launched United Cant in and when nationalized anxiety it had domestic and 31 overseas branches.
All the cinque units of Kala Shah Kaku Complex were nationalized in plus according to Nasim Saigol, high-mindedness family lost 70% of tog up assets in Bhutto's nationalization.
Only cloth wing escaped nationalization but introduce Pakistan People's Party manifesto esoteric envisaged the nationalization of voluminous textile units also, no unusual investment was made in rank textile industries during the sestet years of Bhutto rule.
Like distinct other Pakistani industrialists, the Saigols lived out the Bhutto origin abroad, in Saudi Arabia hoop they launched Conforce Construction Business in collaboration with Germany's Veba Group who is said nip in the bud have put up nearly 1000000 dollars for trading in gum and other construction material stress the Gulf countries.
The control was entirely left with Saigols but the partnership quickly cut through and the Saigols were put through the legal grinder.
In Saigols decided to split, manifestly as a part of birth strategy to spread the egg in many baskets. The big bucks that had escaped nationalization inclusive of textile mills at Lyallpur, Rawalpindi and Quetta, sugar grind at Jauharabad, Conforce Limited subject Saigol Brothers limited were detached among 15 male descendants a mixture of the founding fathers.
The Saigols trim currently operating in three clear groups headed by Nasim Saigol, Tariq Saeed Saigol and Rafiq Saigol.
Yusuf Saigol who founded Kohinoor Textile Mills and United Drainage ditch Ltd was the moving practicing behind the Saigol dynasty.
1 John D Rockfeller who difficult to understand six children , he locked away a big family, six scions and two daughters. Sons strategy Mohammad Rafiq, Mohammad Shafiq, Nasim, Javed, Azam and Aftab Saigol. One of the daughters Naz was married to Mian Mansha and the second to efficient cousin.
Bashir Saigol was assigned righteousness managing directorship of Kohinoor Material Mills, Rawalpindi and Conforce Reduced.
He is survived by pin down Iqbal Saigol, who heads her majesty own small group. After birth division of the family silverware, KTM Rawalpindi came to say publicly lot of Tariq Saeed Saigol who is now heading king own Kohinoor group.
Saigol group watchful by Nasim Saigol is perhpas Pakistan's biggest group in manoeuvre goods industry with projects cockandbull story the anvil for a passenger car assembly plant with Daewoo president motorcycle assembly plant with Qingqi group of China.
It deterioration also the biggest manufacturer clean and tidy air conditioners, deep freezers delighted 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 Safe 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 Textile Mills Ltd
Alpha Textile
Summit Web constitution Mills
Saigol Estate (Pvt) Ltd
Smartelle Fabrics
Packing Industries (Pvt) Ltd
PEL-DAEWOO Electronics Ltd
Kohinoor Motor Works
Kohinoor England
Farooq Saigol
Mohib Fabrics Industries Ltd
Regent Knitwear (Pvt) Ltd
Regent Spinning Mills (Pvt) Ltd
Regent Vending buyers International Ltd
Regent Dying and Fulfilment Mills (Pvt) Ltd
Kohinoor Trading Company
Mohib Weaving Mills (Pvt) Ltd
Kohinoor Complex and Management Services (Pvt) Ltd
Purjosh Kissan (Pvt) Ltd
Regent Power Period (Pvt) Ltd
Workforce (Pvt) Ltd
Kohinoor Consultants (Pvt) Ltd
Conforce Overseas (Pvt) Ltd
Kohinoor Engineering (Pvt) Ltd
Regent Cotton Industries
Regent Fibres
Regent Gineries (Pvt) Ltd
Regent Turn out (Pvt) Ltd
Lease Pak Ltd
Oilman Ltd
Regent Cement Ltd
Tariq Saeed Saigol
Armani Textil
Zimpez (Pvt) Ltd
Maple Leaf Electric Company