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In 2022, it was one of five Bangladeshi groups that imported more than one billion dollar worth of raw materials; the others were Abul Khair Group, Bashundhara Group, BSRM, and Meghna Group of Industries. [35] In January 2023, S. Alam Group owned Islami Bank Bangladesh Ltd received 80 billion taka in emergency funds from Bangladesh Bank. [36]
Shahabuddin Alam is the managing director of S.A. Group of Industries. [1] The company has a workforce of 2,500 by 2022. SA Group of Industries has been operating 17 factories since 1988 with 8 master products under two brands Goalini and Muskan.
Mohammed Saiful Alam, chairman of S. Alam Group of Industries, was the chairman of First Security Islami Bank Limited. [2] The bank experienced a cash crunch in 2022 after proving large unsecured loans.
S A Sajeeb Group: Conglomerates - Dhaka: 1982 Food & beverage, basic materials, construction, oil & gas, industrial transportation, real estate P A SA TV: Consumer services Broadcasting & Entertainment Dhaka: 2013 Satellite TV channel P A Samakal: Consumer services Publishing Dhaka: 2005 Newspaper P A S. Alam Group of Industries: Conglomerates ...
Nexus Television (Bengali: নেক্সাস টেলিভিশন) is a Bangladeshi Bengali-language satellite and cable infotainment television channel owned by S. Alam Group of Industries. It was launched on 30 July 2021 as the country's first non-fiction infotainment television channel.
In February 2016, the Bangladesh Power Development Board signed an agreement to begin purchasing electricity from a consortium of two companies—the Bangladesh-based S. Alam Group of Industries and the China-based Shandong Electric Power Construction Corporation III—in November 2019 (when the consortium's planned coal plant would be operational). [4]
S Alam also has substantial offshore assets, including a billion dollars worth of real estate in Singapore. [109] Its portfolio in Singapore includes the city-state's Hilton Garden Inn Serangoon hotel. [110] The S Alam Group enjoys close ties with the ruling Awami League party in Bangladesh. The group has been subjected to intense media scrutiny.
Asian Group of Industries [2] SA TV: ... S. Alam Group of Industries: Non-fiction television channel [13] Business-related. Name Native name Launched Owner