Mostafa–Hakim Group

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

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]

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

  1. ↑ "Selfless contribution of Mostafa Hakim Group". The Business Standard. 2020-07-27. Retrieved 2023-01-04.
  2. ↑ Chakraborty, Pranabesh (2015-03-31). "Nasir earns more than Manjur". The Daily Star. Retrieved 2023-01-04.
  3. 1 2 "Mostafa Hakim Group to produce 12,000 cubic metres of oxygen daily". The Business Standard. 2022-05-23. Retrieved 2023-01-04.
  4. ↑ "Ex-Ctg mayor Manzur stands beside flood victims - Countryside". The Daily Observer. Retrieved 2023-01-04.
  5. ↑ "About". mostafahakim.com. Retrieved 4 January 2023.
  6. 1 2 3 4 "Serving through business, politics, social work for four decades". businesspostbd.com. Retrieved 2023-01-04.
  7. ↑ "Mostafa Hakim Group to offer treatment to poor families". bangladeshpost.net. Retrieved 2023-01-04.
  8. ↑ Dey, Arun Bikash; Chittagong (2011-05-25). "The changing landscape of Chittagong". The Daily Star. Retrieved 2023-01-04.
  9. ↑ Milad, Masud; Karmokar, Shuvongkor. "Industries face four different crises". Prothom Alo. Retrieved 2023-01-04.
  10. ↑ "Annual sports, cultural function held at MHU College". The Asian Age. Bangladesh. Retrieved 2023-01-04.
  11. ↑ "Standard Bank Ltd". standardbankbd.com. Retrieved 2023-01-04.
  12. 1 2 "HM Steel in Ctg begins production activities". New Age. Retrieved 2023-01-04.
  13. ↑ "Corporate Ctg reaches out with oxygen". The Business Standard. 2021-05-06. Retrieved 2023-01-04.
  14. ↑ Barua, Dwaipayan; Ctg (2021-03-07). "Mostafa-Hakim Group expands steel production capacity". The Daily Star. Retrieved 2023-01-04.
  15. 1 2 "Welcome To Taher Group of Companies". tahergroup.net. Retrieved 2023-01-04.
  16. 1 2 3 4 5 6 7 8 9 10 11 12 13 "concern". mostafahakim.com. Retrieved 4 January 2023.
  17. ↑ "Mostafa Hakim Group observes Victory Day". The Business Standard. 2020-12-17. Retrieved 2023-01-04.
  18. ↑ "HM Oxygen starts journey in port city". The New Nation. Retrieved 2023-01-04.
  19. ↑ "T. R. Trading". tahergroup.net. Retrieved 2023-01-04.
  20. ↑ "Ruslan Corporation". tahergroup.net. Retrieved 2023-01-04.
  21. ↑ "Mostafa-Hakim Shipping Lines Limited". tahergroup.net. Retrieved 2023-01-04.
  22. ↑ "Golden Auto Worksshop Limited". tahergroup.net. Retrieved 2023-01-04.
  23. 1 2 "Welcome To Taher Group of Companies". Taher Group. Retrieved 2023-01-04.
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