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Dawood Hercules Corporation
Engro Holdings Limited, formerly known as Dawood Hercules Corporation Limited ( ) is a Pakistani holding company headquartered in Karachi. History Engro Holdings was incorporated in 1968 as Dawood Hercules Chemicals Limited, a joint venture between Dawood Group and Hercules Inc., each contributed 40 percent of the equity while 10 percent each was subscribed by the International Finance Corporation and the general public following its initial public offering on the Karachi Stock Exchange. The planning of the project began in 1966 when both the parties requested the World Bank to finance the project. In August 1967, the National Economic Council of Pakistan gave its approval to the project. The fertilizer plant, with a capacity to manufacture 345,000 tons of urea per annum, was constructed in Chichoki Mallian, Sheikhupura, Punjab, at a total cost of $78.2 million; with a loan component of $32 million, provided by the World Bank. In 1997, Dawood Hercules began equity invest ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Bank
The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development. The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start, its first loan was to France in 1947. In its early years, it primarily focused on rebuilding Europe. Over time, it focused on providing loans to developing world countries. In the 1970s, the World Bank re-conceptualized its mission of facilitating development as being oriented around poverty reduction. For the last 30 years, it has included NGOs and environmental groups in its loan portfolio. Its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Largest Companies In Pakistan ...
Following is a list of largest companies in Pakistan: Conglomerates By market capitalization Below is the list of largest companies by market capitalization based on the year-end closing, 31 December 2024: References {{Reflist Pakistan *Largest companies A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specifi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jazz (mobile Network Operator)
Jazz is a music genre that originated in the African-American communities of New Orleans, Louisiana, in the late 19th and early 20th centuries. Its roots are in blues, ragtime, European harmony, African rhythmic rituals, spirituals, hymns, marches, vaudeville song, and dance music. Since the 1920s Jazz Age, it has been recognized as a major form of musical expression in traditional and popular music. Jazz is characterized by swing and blue notes, complex chords, call and response vocals, polyrhythms and improvisation. As jazz spread around the world, it drew on national, regional, and local musical cultures, which gave rise to different styles. New Orleans jazz began in the early 1910s, combining earlier brass band marches, French quadrilles, biguine, ragtime and blues with collective polyphonic improvisation. However, jazz did not begin as a single musical tradition in New Orleans or elsewhere. In the 1930s, arranged dance-oriented swing big bands, Kansa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shahzada Dawood
Shahzada Dawood (; 12 February 1975 – 18 June 2023) was a Pakistani businessman and philanthropist. Dawood, his 19-year-old son, Suleman, and three others were killed inside the submersible ''Titan'' when it imploded on a tourist expedition to view the wreck of the ''Titanic''. Early life Dawood was born on 12 February 1975, in Rawalpindi; he was the eldest son of Hussain Dawood. His sisters were Azmeh Dawood and Sabrina Dawood, the latter known for her philanthropic endeavours. His brother was Abdul Samad Dawood. Their paternal grandfather, Ahmed Dawood, was a prominent Memon industrialist who established the family business, Dawood Group. Dawood received his early education from Aitchison College, Lahore. He pursued further studies, attaining an LLB from Buckingham University and an MSc in global textile marketing from Philadelphia University (now Thomas Jefferson University). Career Dawood was the vice-chairman of the Engro Corporation, and a director of the Daw ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Board Of Directors
A board of directors is a governing body that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germany and Sweden), the workers of a corporation elect a set fraction of the board's members. The board of directors appoints the ch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Avanceon
Avanceon Limited is a Pakistani technology company headquartered in Lahore. Avanceon subsidiaries include Avanceon FZE Dubai, Avanceon Automation & Control W.L.L Qatar, Octopus Digital, and Avanceon Saudi for Energy Co. WLL. History Founded in 1989 in Pakistan by Bakhtiar Wain as Innovative Automation and Engineering Ltd (IAEL), the company's majority stakes was acquired by Engro Corporation which merged it with Advanced Automation Associates (AAA) to eventually rebrand it as Avanceon. Avanceon was converted to a public company in 2008. Engro Corp. divested its shareholding in Avanceon in 2012. In 2014, Avanceon was listed on the Karachi Stock Exchange, following an initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ... at a strike price of PKR 14. Subsid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fatima Fertilizer Company
Arif Habib Corporation Limited, also known as the Arif Habib Group, ( ) is a Pakistani business conglomerate headquartered in Karachi, Pakistan. The corporation was founded by Pakistani businessman Arif Habib Muhammad Arif Habib ( ; b. 1953) is a Pakistani stock trader who founded the Arif Habib Group. He also serves as member of Boards of Governors of Karachi School of Business and Leadership (KSBL). Early life Habib was born to a Memon family in K .... History Arif Habib Group started its operations as a pure capital markets firm in 1970 and was engaged in brokerage business since its inception. In 1994, it incorporated itself as the Arif Habib Securities. In 2006, Arif Habib acquired Rupali Bank and renamed it as Arif Habib Bank. In 2007, Arif Habib was considered a fairly large financial services conglomerate in Pakistan. It owned one large asset management company, a big investment bank, a securities brokerage firm and a retail bank. During the 2008 worldwide financia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hub Power Company
The Hub Power Company Limited, colloquially known as HUBCO, is a Pakistani power company based in Karachi, Sindh. It was the first independent power producer (IPP) established in Pakistan, and before the termination of its energy agreement in October 2024, it was the largest IPP in the country. HUBCO is listed on the Pakistan Stock Exchange. History 1991–1998: Initial years Hub Power Company (Hubco) was founded in 1991. The project was funded by $770 million in loan agreements and $325 million in equity from international investors. The major investors included National Power with 20.4 percent shareholding, Xenel with 14.5 percent, and Entergy with a 10 percent holding. Hubco also raised $175 million through the issuance of global depository receipts (GDRs) on the Luxembourg Stock Exchange, which peaked at $13.25 upon introduction to the market on 5 October, with each GDR consisting of 25 shares. Local investors were allocated approximately 69 million shares valued a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dawn (newspaper)
''Dawn'' is a Pakistani English language, English-language newspaper that was launched in British Raj, British India by Muhammad Ali Jinnah in 1941. It is the largest English newspaper in Pakistan, and is widely considered the country's newspaper of record. ''Dawn'' is the flagship publication of the Dawn Media Group, which also owns local radio station ''CityFM89'' as well as the marketing and media magazine ''Aurora''. Muhammad Ali Jinnah, Pakistan's founding father, launched the newspaper in Delhi on 26 October 1941, with the goal of establishing it as a mouthpiece for the All-India Muslim League. The first issue was printed at Latifi Press on 12 October 1942. Based in Karachi, it also maintains offices in Lahore, Peshawar, Quetta and the capital city of Islamabad, in addition to having correspondents abroad. , it has a weekday circulation of over 109,000. The newspaper's current chief editor is Zaffar Abbas. History ''Dawn'' began as a weekly publication, based in New Delh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sui Northern Gas Pipeline Limited
Sui Northern Gas Pipeline Limited () is a Pakistani state-owned gas distribution company based in Lahore. It is listed on the Pakistan Stock Exchange. SNGPL is the largest integrated gas company serving more than 7.22 million consumers in north central Pakistan through an extensive network in Punjab, Khyber Pakhtunkhwa and Azad Jammu & Kashmir. The main transmissions regions of SNGPL are Faisalabad, Lahore, Multan, and Wah. The maximum diameter used in the transmission pipelines is around 42 inches. The company has 16 distribution regions. SNGPL takes gas in 2 ways. The first one is 'System Gas' and the second is 'RLNG'. In the case of System Gas, the gas obtained from local resources is about 750-800 mmcd. While in the case of RLNG (Re-gasified Liquified Natural gas), gas is imported from foreign countries in the form of liquid in a closed container. The Company took over the existing Sui-Multan System with of and of diameter pipelines from Pakistan Industrial Develo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Punjab, Pakistan
Punjab (, ) is a Administrative units of Pakistan, province of Pakistan. With a population of over 127 million, it is the Demographics of Pakistan, most populous province in Pakistan and the List of first-level administrative divisions by population, second most populous subnational polity in the world. Located in the Geography of Pakistan, central-eastern region of the country, it has the #Economy, largest economy, contributing the most to Economy of Pakistan, national GDP in Pakistan. Lahore is the capital and largest city of the province. Other major cities include Faisalabad, Rawalpindi, Gujranwala and Multan. It is bordered by the Pakistani provinces of Khyber Pakhtunkhwa to the north-west, Balochistan, Pakistan, Balochistan to the south-west and Sindh to the south, as well as Islamabad Capital Territory to the north-west and Azad Kashmir to the north. It shares an India-Pakistan border, international border with the Indian states of Rajasthan and Punjab, India, Punjab to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
