Mostafa–Hakim Group

Bangladeshi diversified conglomerate From Wikipedia, the free encyclopedia

Mostafa–Hakim Group (Bengali: মোস্তফা-হাকিম গ্রুপ) is a Bangladeshi diversified conglomerate based in Chittagong.[1] Abu Taher is the chairman and M. Manjur Alam, former mayor of Chittagong,[2] is the managing director of the group.[3][4]

Native name
মোস্তফা হাকিম গ্রুপ
Company typePrivate
IndustrySteel
Textile Mills
Real Estate
Cement
Brick
Ship breaking
Shipping
Fisheries
Oxygen
Founded1984; 42 years ago (1984)
Quick facts Native name, Company type ...
Mostafa-Hakim Group
Native name
মোস্তফা হাকিম গ্রুপ
Company typePrivate
IndustrySteel
Textile Mills
Real Estate
Cement
Brick
Ship breaking
Shipping
Fisheries
Oxygen
Founded1984; 42 years ago (1984)
FounderAbdul Hakim
Headquarters218, D.T Road Dewanhat, ,
Area served
Bangladesh
Key people
Number of employees
5,000 (2021)
ParentMostafa Hakim Family
Websitemostafahakim.com
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History

Mostafa–Hakim Group started as a construction company in the 1960s by Abdul Hakim.[5][6] In 1984, the sons of Abdul Hakim expanded the business through diversification.[6] Alhaj Hosne Ara Manjur Welfare Trust is a charity operated by the group.[7]

Mostafa-Hakim real estate started in 2006.[8] It has two rod factories in Sitakunda Upazila and Karnaphuli Upazila.[9]

From 2010 to 2015, the managing director of Mostafa–Hakim Group, Mohammad Manjur Alam, served as the mayor of Chittagong.[6] He is the executive director of the Mostafa Hakim Welfare Foundation and director of Standard Bank Limited.[10][11] His nephew, Didarul Alam, is an Awami League member for parliament from Chittagong-4 and director of the Mostafa–Hakim Group.[6][12]

During the COVID-19 pandemic in Bangladesh they supplied oxygen to hospitals for free.[13] It launched Golden Ispat in March 2021 which was built with a 10 billion taka budget including a seven billion taka loan from United Commercial Bank.[14] HM Steel and Industry Limited began operations on 6 March 2021 in Chittagong.[12] In May 2022, Mostafa–Hakim Group launched HM Oxygen Limited with a capacity to produce 12 thousand cubic meters of oxygen per day.[3]

Taher Group

The Construction unit of the Mostafa–Hakim Group is known as the Taher Group.[15] It established the Mostafa Hakim Welfare Foundation which owns a number of educational institutions including Uttar Kattoli Alhaz Mostafa Hakim University College.[15]

Businesses

  • Golden LPG Limited[16]
  • Golden Ispat Limited[16]
  • HM Steel and Industry Limited[16][17]
  • Mostafa-Hakim bricks[16]
  • Golden Iron Works Limited[16]
  • Taher & Co[16]
  • Golden Oxygen Limited[16]
  • HM Oxygen Limited[18]
  • M/S. Golden Bricks Works Limited[16]
  • Alhaj Mostafa-Hakim Cement Industries Limited[16]
  • Alhaj Mostafa-Hakim Trading Corporation[16]
  • Alhaj Mostafa Hakim Housing & Real Estate Limited[16]
  • Eagle Star Textile Mills Limited[16]
  • M/S. Golden Steel Alloy Works Limited[16]
  • T. R. Trading[19]
  • Ruslan Corporation[20]
  • Mostafa-Hakim Shipping Lines Limited[21]
  • Golden Auto Worksshop Limited[22]
  • T. R. Fishing Limited[23]
  • T. R. Shipbreaking Limited[23]

References

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