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Saigol Group

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The Saigol Group is a Pakistani conglomerate company which is based in Lahore, Pakistan. The company was founded by Amin Saigol in 1930s with a small shop that eventually developed into the Kohinoor Rubber Works.[1][2]

The group is managed by three Saigol brothers: Tariq, Nasim and Taufeeq.[3] Also part of the family is sister Naz Saigol, now married to Mian Muhammad Mansha Yaha.

In 1948, the Saigols migrated from Calcutta and initiated their business in Faisalabad, the textile city of Pakistan, under the banner of Kohinoor Industries Limited.

Tariq Saigol, the eldest brother, is head of Kohinoor-Maple group, which owns the Kohinoor textile mills and Maple-Leaf Cement.[4] He is known to be openly critical of the Pakistani government's lack of interest in the textile sector. Nasim Saigol heads PEL and Kohinoor industries.[5] Rafiq, the youngest brother, takes care of the group's other business interests. Bashir Saigol was assigned the managing directorship of Kohinoor Textile Mills, Rawalpindi and Conforce Limited. He is survived by son Iqbal Saigol, who heads his own small group. After the division of the family silver, KTM Rawalpindi came to the lot of Tariq Saeed Saigol who is now heading his own Kohinoor group.

Companies

The group currently owns following companies:[6]

  • Kohinoor Textile Mills, Faisalabad
  • United Chemicals Limited, Kala Shah Kaku
  • Kohinoor Engineering Limited, Kala Shah Kaku
  • Kohinoor Ghee Mills Limited, Kala Shah Kaku
  • Kohinoor Ginning Factory, Multan
  • Kohinoor Sugar Mills, Liaquatabad
  • Rachna Textile Mills, Gujar Khan
  • Saigol Computers
  • Pak Elektron (PEL)
  • Faisalabad Grammar School
  • Kohinoor Energy
  • Azam Textile Mills Limited, Lahore
  • Saritow Textile Mills Limited, Lahore
  • Kohinoor Motor Works, joint-venture with Qingqi Rickshaws
  • The Four Seasons Private Limited
  • Maple Leaf Cement

References

  1. ^ Jamal, Nasir (11 November 2013). "Rebuilding on ruins of nationalisation".
  2. ^ "The richy rich ones of poorly poor nation": http://dailymailnews.com/dmsp0204/dm001.html.
  3. ^ "Group profile". Archived from the original on 2010-02-06. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  4. ^ "Executive Profile". Bloomberg.com. Retrieved 14 February 2017.
  5. ^ "Executive Profile". bloomberg.com. Retrieved 14 February 2017.
  6. ^ http://pel.com.pk/index.php/group-profile/