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In 2004, Maple Leaf Cement initiated a process conversion project, transitioning a wet process plant with a clinker capacity of 600 tons per day (tpd) for grey cement to a dry process plant with a clinker capacity of 500 tpd for white cement. [8] The project was completed, and commercial production commenced on April 1, 2006. [8]
Tariq Saigol, the eldest brother, is head of Kohinoor-Maple group, which owns the Kohinoor textile mills and Maple-Leaf Cement. [5] He is known to be openly critical of the Pakistani government's lack of interest in the textile sector. Nasim Saigol heads PEL and Kohinoor industries. [6]
DG Cement was established in 1986 by state-owned company, State Cement Corporation of Pakistan in Dera Ghazi Khan. [6] The plant was supplied by Ube Industries of Japan. [6] In 1992, DG Cement was acquired for PKR 1,799 million ($73.5 million) by Saigol Group under the privatization scheme of the Government of Pakistan.
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In May 2014, Canada Bread was purchased from Maple Leaf Foods by Mexican-based bakery organization, Grupo Bimbo. Less than a year later, in February 2015, Canada Bread acquired the bakery division of Saputo Inc. , Vachon Bakery (which had purchased Stuart in 1979), for CAD$120 million. [ 3 ]
KMI 30 Index is a stock market index on the Pakistan Stock Exchange in Pakistan of thirty companies that have been screened for Islamic Shariah criteria. The index was introduced in 2009 [1] and the base period for this Islamic index is 30 June 2008.