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]
Textile Mills
Real Estate
Cement
Brick
Ship breaking
Shipping
Fisheries
Oxygen
Native name | মোস্তফা হাকিম গ্রুপ |
|---|---|
| Company type | Private |
| Industry | Steel Textile Mills Real Estate Cement Brick Ship breaking Shipping Fisheries Oxygen |
| Founded | 1984 |
| Founder | Abdul Hakim |
| Headquarters | 218, D.T Road Dewanhat, , |
Area served | Bangladesh |
Key people |
|
Number of employees | 5,000 (2021) |
| Parent | Mostafa Hakim Family |
| Website | mostafahakim |
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]