Associated Companies

Associated Companies

Indus Motor Company (IMC) is a joint venture between the House of Habib , Toyota Motor Corporation Japan (TMC) , and Toyota Tsusho Corporation Japan (TTC) for assembling, progressive manufacturing and marketing of Toyota vehicles in Pakistan since July 01, 1990. IMC is engaged in sole distributorship of Toyota and Daihatsu Motor Company Ltd. vehicles in Pakistan through its dealership network.

The company was incorporated in Pakistan as a public limited company in December 1989 and started commercial production in May 1993. The shares of company are quoted on the stock exchanges of Pakistan. Toyota Motor Corporation and Toyota Tsusho Corporation have 25 % stake in the company equity. The majority shareholder is the House of Habib.

IMC’s production facilities are located at Port Bin Qasim Industrial Zone near Karachi in an area measuring over 105 acres.

Indus Motor company’s plant is the only manufacturing site in the world where both Toyota and Daihatsu brands are being manufactured.

Heavy investment was made to build its production facilities based on state of art technologies. To ensure highest level of productivity world-renowned Toyota Production Systems are implemented.

IMC’s Product line includes 6 variants of the newly introduced Toyota Corolla, Toyota Hilux Single Cabin 4×2 and 4 versions of Daihatsu Cuore. We also have a wide range of imported vehicles.

Web site : http://www.toyota-indus.com/

Agriauto Industries Limited is a public limited company incorporated in 1981 and quoted on the stock exchange. The company is one of the leading automotive components manufacturers in the private sector and the first company in Pakistan to acquire TS16949 certification.

Technical Collaborations with leading international companies have added to the company’s technical versatility. The product range covers both original equipment manufacturers (OEM) and after market.

Quality control is maintained at all stages of manufacturing. The company follows international standards i.e. B.S.S., S.A.E, ASTM, JIS, ISO & TS-16949, as the basis of quality control program. Agriauto’s production lines are backed by well-equipped standard room and have persistently sought to consolidate technological and product excellence. Agriauto is a part of the prestigious House of Habib Group.

Web site : http://www.agriauto.com.pk/

Thal Limited started its journey in 1966. A public listed entity, TL is listed on the Karachi and Lahore Stock Exchanges.

Operating under the umbrella of the prestigious House of Habib Group, Thal Limited derives its strength both from its parent group as well as its values and cherishes its own diversity. The House of Habib does not need any introduction employing over 10,000 people, HOH is an established and mature corporate player providing an array of products to people. From automobiles to audio media, building materials to banking and computers to chemicals, HOH has its imprints across a variety of sectors. Managing a network of public (listed on the Pakistan Stock Exchanges) and private companies, HOH has equity and technical collaborations with Japanese, European and American companies, like Toyota, Denso, Koito, Gabriel etc.; giving it a distinct edge on competition. Apart from this, the Group has a decentralized organizational structure and has a progressive and dynamic philosophy.

Thal Limited is a diversified national conglomerate engaged in the manufacture of Engineering products (Karachi), Jute products (Muzaffargarh), Laminate sheets (Hub) and Paper sacks (Hub & Gadoon).

The five businesses are engaged in the manufacturing of quality products serving a variety of segments. The Engineering segment is engaged in the manufacturing of automotive parts such as car air-conditioners, radiators and wiring systems while the Building Material and Allied product segment overlooks the Jute, Papersack and Laminate operations. Apart from these key operational areas, Thal Limited’s subsidiaries include renowned entities like Makro-Habib Pakistan Limited, Pakistan Industrial Aids (Private) Ltd and Noble Computer Services (Pvt) Limited.

Web site : http://www.thallimited.com/

Habib Metropolitan Bank was incorporated in Pakistan as a Public Listed Company in 1992 under the name, Metropolitan Bank Limited. The Bank commenced, duly licensed, full scheduled commercial-banking operations in October 1992.

Metropolitan Bank, from October 1992 to September 2006, remained a highly rated bank and, vide it’s nationwide 51-branch on-line network, established as a distinguished provider of trade finance services.

On October 26, 2006 Habib Bank A G Zurich`s Pakistan Operations merged into Metropolitan Bank Limited and the merged entity was named Habib Metropolitan Bank Limited (HMB). Demonstrating a strong commitment to Pakistan economy, HBZ is the principal shareholder of HMB.

HMB operates in all major cities of the country. The Bank ranks within Top 10 in Pakistan with a strong vision to be the most respected Financial Institution. HMB has its primary focus on retail banking and trade finance and also offers highly innovative E-Banking solutions and Consumer Banking to its customers. The Bank’s Islamic Banking Division is fully capable of catering to customers seeking Shariah compliant products.

The HBZ Group is heir to a rich tradition of banking and commerce dating back to more than 160 years. The group’s flagship and HMB’s principal, HBZ (incorporated 1967) enjoys International ranking of 687 in terms of capital. With Headquarters in Switzerland, the HBZ Group also operates in Hong Kong, Singapore, United Arab Emirates, Kenya, South Africa, United Kingdom and North America.

The Pakistan Credit Rating Agency (PACRA) has allotted both long-term and short-term ratings of Habib Metropolitan Bank Limited at “AA+” (Double A plus) and “A1+” (A one plus), respectively. These ratings, being the highest amongst the local sector Private Banks, denote a very low expectation of credit risk emanating from a very strong capacity for timely payment of financial commitments.

Web site : https://www.habibmetro.com

Habib is committed to its time honored tradition of serving the Nation by extending a wide range of insurance products offering maximum protection, backed up by matchless service with prompt claim settlement as its utmost priority. With high quality service to all its customers, the Company will also strive to continue to give its shareholders a consistent return on their investment.

In addition to the Fire, Marine, Motor, Engineering and Miscellaneous insurance products, the Company is actively exploring possibilities of new products and markets.

Website: http://www.habibinsurance.net

Habib-Metro Pakistan (Private) Ltd is a joint venture between House of Habib and Metro AG Germany, responsible for managing real estate of multiple Metro Cash & Carry stores across the country accompanied by other prominent businesses all under one roof.

Website : http://habibmetro.pk/

Habib University Foundation (H.U.F.) is a not-for-profit organization which supports educational initiatives, research and innovation. H.U.F. was established in October 2007 by the House of Habib, a leading industrial group in Pakistan, with a long tradition in philanthropy.

Website: http://huf.org.pk

ThalNova Power Thar (Private) Limited

In 2016, House of Habib and Gani & Tayub entered a joint venture agreement to form ThalNova Power Thar Private Limited through their group companies. This was followed by the signing of a shareholder agreement between Thal Limited (House of Habib), Novatex (a subsidiary of Gani & Tayub) and Hub Power Holdings Limited (HUBCO) in 2018. The project’s EPC contractors China Machinery & Engineering Corporation (CMEC) and DESCON are also minority shareholders.

The mandate of this newly formed entity is to develop a 330 MW coal fired power plant in Thar. The plant will be fuelled by coal extracted from Thar Block II by the Sindh Engro Coal Mining Company.

The Thal Nova power plant will utilize 1.9 million tons of coal to generate 2236 GWh per annum. Thal Nova will be the second coal fired power plant to be set up in Tharparker district of Sindh, Pakistan and aims reduce the country’s dependence on imported fuel mix and provide a cheaper source of electricity to the nation.

Ground Floor, G&T Tower,
18 Beaumont Road Civil-Lines-10
Karachi-Pakistan
Telephone: +92-21-35659559
Fax: :+92-21-35659552

Makro Habib Pakistan Limited

Makro Habib Pakistan Limited (MHPL) was incorporated in 2005 as a public limited company. MHPL is a wholly owned subsidiary of Thal Limited. The principal objective of the Company is to operate a chain of wholesale / retail cash and carry stores.

https://makrohabib.com

Habib Farms (Private) Limited

Habib Farms (Pvt.) Limited was incorporated in Pakistan on April 5, 2010 as a private limited company, under the companies Ordinance 1984. The company established to carry on or undertake the business of agricultural farming. The registered office of the Company is situated at 2nd Floor, Siddique Sons Tower, Plot No. 3, Block 7/8, J.C.H.S. Shahrah-e-Faisal, Karachi. The company is currently evaluating the option to utilize its resources for the purpose of agricultural farming. Till such time, the company has temporarily rented out its land and building in order to meet expenses.

Sindh Engro Coal Mining Company Limited

In October of 2010, the Government of Pakistan approved a number of projects to provide incentives for the development of local coal and encourage mining and power projects in the region. These initiatives lead to the creation of Sindh Engro Coal Mining Company – a Joint Venture Agreement (JVA) between Government of Sindh (GoS), Engro Energy Limited and its Partners namely; Thal Limited (House of Habib), Habib Bank Limited (HBL), Hub Power Company (HUBCO) and China Machinery Engineering Corporation (CMEC).

SECMC was created with the vision to develop a technically and commercially viable Coal Mining Project in Thar Block – II and to bring energy security to Pakistan. The total reserves of block II are sufficient to support 5000MW of energy for 50 years; enough to pull the country out of the energy crisis. The total allocated area of 95.5km2 has been leased to SECMC for 30 years, further extendable to another 30 years for extraction of coal.

The approximate project cost for the 3.8 Mt/annum coal mine is expected to be USD 845 Million with a construction timeframe of 42 months. SECMC made history by unearthing the first coal seam from Thar Block II in June 2018 – five months ahead of the schedule. SECMC is one of the largest private investments under CPEC, and is also one of the only investments which is 95% owned by Pakistanis.

House of Habib

House of Habib plays a pivotal role in shaping the economics of Pakistan through its portfolio of businesses in the Automotive, Auto Parts, Building Materials, Energy, Packaging and Real Estate sectors. We add value to over 15 Million lives each day by creating sustainable solutions in key areas with investments that are impacting both stakeholders and the community at large.

Web site : https://hoh.net/

Indus Lands Private Limited

Indus Land (Private) Limited (the Company) was incorporated in Pakistan under the repealed Companies Ordinance, 1984

as a private limited company on 22 July 2013. The Company is engaged in the business of agriculture farming. The Company has entered into agriculture cultivation agreements with Agriculture Produce Cultivators (APCs).

for undertaking crop cultivation and they will be entitle to a fee based on the profit or loss earned on the agricultural activity by the Company.

The registered office of the Company situated at 2nd floor, HOH Building, J.C.H. Society, Shahrah-e-Faisal, Karachi.

Agricultural land is situated in Latifabad District, Hyderabad for cultivation.