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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]
Interloop Limited; M. Masood Textile Mills; N. ... Sapphire (group) Shakarganj This page was last edited on 26 March 2024, at 11:19 (UTC). ...
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]
These 119 mills were controlled by NTC(HC) Ltd with the help of 9 subsidiary Corporations, with an authorised capital of ₹ 100 million (US$1.2 million) which was raised from time to time and which is now ₹ 50 billion (US$580 million) [3] and the paid up share capital of the corporation is ₹ 30,621.6 million (US$350 million) as on 31 March ...
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.