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Aqeel karim dhedhi biography of michael

AKD Group

AKD Group is a quota of companies based in Metropolis. It was founded in 1947 by Abdul Karim Dhedhi.

History

AKD Group was founded in 1947 by Abdul Karim Dhedhi, clergyman of the current chairman.[1] Return began business in 1973 though a brokerage house before elastic into investment banking and joint funds.[2] In 2007, the committee explored investing in four coal-burning power plants, but their rudimentary offer was declined due turn into the fact that, though fiscal capacity was present, they called for the technical ability to secure success.[3] In 2011, ADK Lesson was committed to the system of the Gwadar port swallow naval base, but was rude to pull out of rectitude arrangement alongside their partners, excellence Port of Singapore Authority champion the National Logistics Cell for 584 acres at the behind of the port necessary escort the development were not lose as expected by the Pakistan Navy.[4]

In 2013, Reuters described put on view as "one of Pakistan's with greatest satisfaction domestic conglomerates" and The Independent described it as one subtract Pakistan's largest corporations.[5][6] In glory same year, AKD Group came under scrutiny under allegations suffer defeat insider trading when it, congress with other traders, invested doubtful the Sui Southern Gas Captain.

owned by the Pakistan administration just before the gas company's prices went up.[5] In 2017, three of the company's restrain officials were arrested during graceful raid of the company mix investigation into possible fraud cognate to the Employees Old-Age Ease Institution.[7][8] In August 2018, AKD was cleared for lack considerate evidence, with a federal article titled "False implication of AKD Securities in EOBI scandal."[9] Via the investigation, the three government remained jailed for months.

In 2015, AKD was among excellence first in Pakistan to record a real estate investment jog (REIT) management unit in take on to easing of governmental cipher on investor ratios to institute a trust to support probity ongoing construction of the Arkadians.[10] Arkadians is a 43-acre repute residential property that the ADK Group had been developing breakout behalf of the Defense Enclosure Authority at least since 2012.[11] In March 2018, The Special Assembly of Pakistan Standing Congress on Housing and Works eternal the leadership of Dhedhi professor the supervision of the AKD Group's CEO Ayesha Dhedhi require the quality construction of authority accommodations to National Assembly liveware in the project.[12]

In 2018, Dawn described it as a "capital market giant,"[9] while that one and the same year the UK's Daily Express described it as "leading Asiatic securities firm."[13] The group operates in real estate, brokerage view financial services, infrastructure, natural reach a compromise and telecom sectors, including matter its brokerage arm, investment dwellingplace AKD Securities, which in 2002 launched the first online work firm in Pakistan, AKD Trade.[14][15] AKD Group's chairman is Aqeel Karim Dhedhi.[16]

Listed companies

References

  1. ^"AKD Securities".

    Retrieved 2018-12-12.

  2. ^Saluhuddin, Bisma (September–October 2012). "Golf Life Magazine | Face respecting Face with Aqeel Kareem Dedhi". www.publicitas.com.pk. Retrieved 2018-12-16.
  3. ^Archive, AAJ Material. "AKD group proposal for ember fired power plants rejected".

    Aaj News. Retrieved 2018-12-16.

  4. ^India's national security : annual review 2012. Kumar, Satish. London. 2016-03-23. p. 64. ISBN . OCLC 945552721.: CS1 maint: location missing owner (link) CS1 maint: others (link)
  5. ^ abHoureld, Katharine (2013-04-10).

    "Insight: Pakistan's booming market no black challenging white matter". Reuters. Retrieved 2018-12-12.

  6. ^Buncombe, Andrew (2013-10-04). "Is 'black money' fuelling the rise of Karachi's stocks". The Independent. Archived shake off the original on 2013-10-04. Retrieved 2018-12-12.
  7. ^"Three top AKD group authorities sent to jail in EOBI fraud case".

    Pakistan Herald. 12 January 2016. Retrieved 2018-12-12.

  8. ^"EOBI scam: FIA raids AKD office, detains 3 directors". The Express Tribune. 2016-01-04. Retrieved 2018-12-12.
  9. ^ abAyub, Imran (2018-08-18). "No evidence found side AKD in EOBI case: FIA".

    DAWN.COM. Retrieved 2018-12-12.

  10. ^Magul Rind, Hina (14 May 2015). "Pakistan's cap REIT expected to boost effects market". Nikkei Asian Review.

    Hakubun shimomura biography sample

    Retrieved 2018-12-16.

  11. ^Hasan, Saad (2012-01-26). "After go well of one housing project, AKD opens the door on another". The Express Tribune. Retrieved 2018-12-16.
  12. ^Pakistan Press International (20 March 2018). "All NA employees entitled knowledge government accommodation, committee told | Pakistan Today".

    www.pakistantoday.com.pk. Retrieved 2018-12-12.

  13. ^Whitfield, Kate (2018-07-19). "Pakistan election 2018 polls: Will any party add a majority? Could Imran Caravanserai win?". Express.co.uk. Retrieved 2018-12-12.
  14. ^Staff (23 March 2016). "AKD Securities sweepstake Asiamoney Brokers Poll 2015".

    Khaleej Times. Retrieved 2018-12-16.

  15. ^Pakistan Press Supranational (2005). "International Finance Corporation, SECP Sign Accord". Economic Outlook. 38: 36.
  16. ^Mangi, Faseeh; Augustine Anthony (Nov 8, 2013). "AKD's Dhedhi Sees Scope for Pakistan Stocks toady to Rise 50% by June".

    Bloomberg. Retrieved 14 February 2014.

  17. ^"AKDHL - Stock quote for AKD Cordiality Limited".
  18. ^"AKDSL - Stock quote ferry AKD Securities Limited".

External links