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GLOBAL PARTNERS
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One of the best ways for a business to leverage
its products and increase growth is through association. Our business alliances help us manage our business
more effectively, as well as helping us and our partners develop and diversify our interests. Customers also
benefit from the increased knowledge base, as we transform our market awareness and shared technology into
innovative and cost effective solutions for customers.
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Subsidiaries
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Associates
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| DIC Pakistan Ltd. |
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Established in 1994, a joint venture between Packages Limited (55%) and Dainippon Ink and Chemicals Asia Pacific Singapore Pte. Limited (45%). Dainippon Inks and Chemicals is one of the largest printing ink manufacturing groups worldwide. Gross sales for 2011 were Rs. 2,288 million. Number of employees: 159. Non-listed public limited Company. .
Website: www.dic.com.pk
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| Packages Lanka Pvt. Ltd. |
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Packages Lanka (Pvt) Limited is based near Colombo, Sri Lanka. It is a joint venture between Packages Limited and Printcare (Ceylon) Limited of Sri Lanka. This project was set up in 1998 for the manufacture of flexible packaging material. Packages Limited owns 79% of this company. Packages Lanka (Private) Limited has an annual capacity of producing 90 million meters flexible packaging. Packages Lanka Private Limited had sales of Sri Lankan Rs. 1,399 million in the year 2011. The number of employees of the company is 150. Private Limited Company.
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| IGI Insurance Ltd. |
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The Insurance company of the Group, IGIIL, was established in 1953. It had a gross premium of Rs. 1,747 million in the year 2011. IGIIL holds a very important position in the Group having investments in all Group Companies. Net worth at realizable value is over Rs.18 billion. Number of employees are 113. IGIIL acquired the insurance business of Pakistan branch of Royal & SunAlliance Insurance Plc in year 2004. IGIIL is global network partner of Royal & SunAlliance Insurance Plc. It is a Public Limited Company.
Website: www.igiinsurance.com.pk
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Tri-pack Films Ltd. |
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Tri-Pack manufactures Bi-axially Oriented Polypropylene film (BOPP) with an annual capacity of 35,800 Tones. Tri-Pack sales net of sales tax in 2011 were Rs. 10 billion. The number of employees of the company is 385. Packages Limited has 33.3% ownership in the company while Mitsubishi Corporation of Japan holds 25% shares. The Company has production facilities in Port Qasim (near Karachi) and Hattar NWFP. It is a Public Limited Company.
Website:
www.tripack.com.pk
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IGl Investment Bank Ltd. |
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Established in 1990, IGI Investment Bank is licensed to carry out all investment finance and leasing operations as a Non-Banking Finance Company. In addition, it also offers corporate finance and advisory equity brokerage, portfolio management and mutual funds advisory services. In 2006, IGI Investment Bank acquired Finex Securities Limited, a brokerage house in Karachi, and has established IGI Funds Limited, an Asset Management Company. The Packages Group owns 49% of the equity. In the year 2010-2011, the Bank had gross revenue of Rs. 919 million. The number of employees is 52. It is a Public Limited Company. .
Website:
www.igiinvestmentbank.com.pk
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