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In 2003, Sapphire made an equity investment of Rs300 million in the unlisted associated company, Sapphire Finishing Mills Limited. [5] In 2009, Sapphire invested 980,000 Danish krone in Beirholms Sapphire A/S, a company registered in Denmark. [6] In 2014, the retail division of the company, Sapphire Retail, was founded by Nabeel Abdullah. [7]
In 2003, Sapphire made an equity investment of Rs300 million in the unlisted associated company, Sapphire Finishing Mills Limited. [5] In 2009, Sapphire invested 980,000 Danish krone in Beirholms Sapphire A/S, a company registered in Denmark. [6] In 2014, the retail division of the company, Sapphire Retail, was founded by Nabeel Abdullah. [7]
The group also had investments in East Pakistan prior to the independence of Bangladesh, including Nishat Jute Mills, Qadiryah Textile Mills, Telgin Cotton Mills, and Chemical Industries of Pakistan. [6] Nishat Jute Mills was acquired by the group from the Pakistan Industrial Development Corporation in East Pakistan. [7]
Nishat Mills Limited was founded in 1951 by Mian Muhammad Yahya, Mian Hameed, Mian Rafiq, and Mian Ayub. [5] The name "Nishat" was pre-assigned to the textile license they acquired and was not chosen by the founders. [5] In 1995, Raza Textiles merged with its sister company, Umer Fabrics, which was later merged into Nishat Mills in 2004. [6]
Textiles. The state is one of the largest producer of textile yarns and finished garments, accounting for more than 70% of the national output. The department is responsible for the management of entire textile supply chain including facilitating resources including materials, land and labour, textile machinery, education and research and promotion. [13]
Automobiles, cement, chemicals, commodities, financials, food, power, technology, textiles P A Nishat Mills Limited: Basic materials Textile products Lahore: 1951 Textile manufacturer, subsidiary of Nishat Group: P A National Transmission & Dispatch Company: Industrials Industrial suppliers Lahore: 1998
Tariq Saigol, the eldest brother, is head of Kohinoor-Maple group, which owns the Kohinoor textile mills and Maple-Leaf Cement. [5] 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. [6]
Gul Ahmed Textile Mills Limited (Urdu pronunciation: [ɡʊl ɑːˈɦ.məd] gull ah-MED) is a Pakistani textile company which manufactures and sells clothing through a chain of retail outlets under the name 'Ideas by Gul Ahmed'.