Sikder Group
Sikder Group is a family-owned Bangladeshi business conglomerate. Zainul Haque Sikder founded the group in the early 1950s, and was its chairman at his death in 2021.[1] His sons, Rick Haque Sikder and Ron Haque Sikder, are directors of the Sikder Group.[2]
Sikder Group started as a textile and garment manufacturing company.[3] PowerPac Holdings, a sister concern of the Sikder group, got a contract to build a powerplant from Power Development Board in August 2011.[4] Its subsidiary PowerPac Ports Limited was given the government contract to operate two jetties in the Port of Mongla in 2016.[5] The same year PowerPac got approval from Bangladesh Economic Zones Authority to operate Mongla Economic Zone in Bagerhat.[6]
Subsidiaries
- Sikder Apparel[3]
- Sikder Creation[3]
- Sikder Fashion Wear[3]
- Sikder Apparel Hosiery[3]
- Sikder Classic Dyeing & Knitting[3]
- Sikder Computerized Label[3]
- Sikder Accessories[3]
- Sikder Salt Industries[3]
- Sikder Insurance Company Limited[7]
- Sikder Real Estate Ltd.
- PowerPac Holdings Ltd.
- PowerPac Ports[5]
- PowerPac Economic Zone (Pvt.) Ltd.[7]
- PowerPac Petroleum Limited[7]
- PowerPac Steel Mills Limited[7]
- R&R Holdings[8][9]
- R&R Aviation[10]
- Zainul Haque Sikder Women's Medical College[11]
- Multiplex Holdings Ltd.[citation needed]
- Bangladesh Post (publication)[1]
- Ajker Bangladesh Post (Bangla News portal)[citation needed]
- Bangabandhu Tri Tower (Iconic Tower of Bangladesh)[citation needed]
Financial information
At the end of 2016, the company's liabilities included about 2,000 crore Bangladeshi taka ($253M as of 2016) spread among three banks.[12]
See also
References
- ^ a b "Industrialist Zainul Haque Sikder dies". New Age. 10 February 2021.
- ^ "Zaki wins Sikder Group Independence Day Cup Golf Tournament". The New Nation. UNB. 26 March 2017. Archived from the original on 28 March 2021.
- ^ a b c d e f g h i "About Us". sikdergroup.com. Sikder Group of Companies Ltd. Archived from the original on 30 December 2017. Retrieved 17 December 2017.
- ^ "PDB signs deals for three power plants". The Daily Star. 26 August 2011. Retrieved 17 December 2017.
- ^ a b "Sikder Group to partner govt in bringing Mongla Port up to speed". Prothom Alo. Retrieved 17 December 2017.
- ^ "PowerPac to get licence for Mongla Economic Zone". The Daily Star. 24 February 2016. Retrieved 17 December 2017.
- ^ a b c d Muntasir, Belal (14 October 2019). "5 firms of Sikder Group get land in Mongla Economic Zone". Dhaka Tribune.
- ^ "Marriott hotel construction in Bandarban against laws". The Daily Star. 17 November 2020.
- ^ "UN experts call for halt to contentious tourism resort in Bangladesh". Office of the High Commissioner for Human Rights. United Nations. 9 February 2021.
- ^ Abdullah, Mamun (29 May 2020). "The dramatic escape by Sikder brothers". Dhaka Tribune.
- ^ "Females' dorm remains unused for lack of gas, water". The Daily Star. 24 July 2010. Retrieved 17 December 2017.
- ^ Rahman, Sajjadur (2016-12-23). "Bank directors are good borrowers". The Daily Star. Retrieved 2020-06-29.