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Saif Power
Saif Group ( ) is a group of companies headquartered in Islamabad. It operates in electric power, power, health care, textiles, real estate, and Telecommunications service provider, telecommunications. It is majority owned by Saifullah Khan family. History Saif Group brought the first GSM phone service to Pakistan in 1994 in a venture with Motorola, named as Mobilink but the Saif Group sold its stakes in 2007. Subsidiaries Listed Saif Textile Mills Saif Textile Mills Limited, with installed capacity of 88,476 spindles is located at Gadoon Amazai in the Swabi district, Khyber Pakhtunkhwa, Saif Textile Mills is a public traded company which is headquartered in Rawalpindi and majority owned by Saif Group. Kohat Textile Mills Kohat Textile Mills with installed capacity of 44,400 spindles is located in Kohat.
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Corporate Group
A corporate group, company group or business group, also formally known as a group of companies, is a collection of parent and subsidiary corporations that function as a single economic entity through a common source of control. These types of groups are often managed by an account manager. The concept of a group is frequently used in tax law and accounting and (less frequently) company law to attribute the rights and duties of one member of the group to another or the whole. If the corporations are engaged in entirely different businesses, the group is called a conglomerate. The forming of corporate groups usually involves consolidation via mergers and acquisitions, although the group concept focuses on the instances in which the merged and acquired corporate entities remain in existence rather than the instances in which they are dissolved by the parent. The group may be owned by a holding company which may have no actual operations. Black Bear Development, conceptualized ...
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