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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]
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. [7] [8] Later, it was transferred to Nishat Group in a swap scheme in which Nishat Group acquired DG Cement and Saigol Group acquired Maple Leaf Cement from Nishat Group. [9] [10]
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]
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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.
Maple Leaf Partners Goshen Global Christopher Burn Inactive 2006–2014 Eastern Advisors Grays Peak Capital Scott Stevens Active 2015–Present Coatue Greyhound Asia Fund Sergej Belozorov Active 2012–Present Quest Management Half Sky Capital Li Ran Active 2016–Present Lone Pine Capital Harbor Spring Capital Amit Doshi Active 2012–Present