GQ Group of Companies
| Formation | 1981 |
|---|---|
| Headquarters | Dhaka, Bangladesh |
Region served | Bangladesh |
Official language | Bengali |
| Website | www |
GQ Group of Companies (Bengali: জিকিউ গ্রুপ অব কোম্পানিজ) is a Bangladeshi diversified conglomerate based in Dhaka. Salma Huq is the chairperson and Abu Hasan Khan is the managing director of the Group.[1]
History
[edit]GQ Group of Companies was established in 1981 by Qazi Saleemul Huq and Salma Huq as a manufacturer of ball pens under the Econo brand.[2][3]
GQ Ball Pen was listed on the Dhaka Stock Exchange in 1986.[4]
GQ Group of Companies founded GQ Foods Limited in 1992, selling chips under Krispy Curl and krispy brand.[5]
GQ Industries Limited was founded in 1994 as a manufacturer of woven sacks.[6] Maladesh International (Private) Limited was founded in 1994 as a joint collaboration with a Malaysian company to produce King brand coils.[7] Qazi Saleemul was elected to parliament in 1994 from Magura-2 in a controversial by-election as a Bangladesh Nationalist Party candidate.[8]
GQBPIL founded in 1996 specializes in the manufacture of recyclable and biodegradable plastic products.[9]
Saleemul was re-elected to parliament in 2001 from Magura-2.[8][10] He retired from Bangladesh Nationalist Party in 2016 and is an accused in the Zia Charitable Trust corruption case.[8]
On 21 April 2017, a GQ Ballpen and Plastic Limited factory in Savar burned down in an electric fire.[11]
In November 2018, the sponsor directors of GQ BAll pen own 41.88 percent of its shares.[4] In 2018 the company suffered major declines in the stock market.[4]
In February 2020, Bangladesh Securities and Exchange Commission formed a two member investigation team to look into the sudden rise in price of GQ Ball Pen shares on the Dhaka Stock Exchange.[12] The share price of the companies continued to rise into 2021 and becoming a top gainer on the Dhaka Stock Exchange.[13] Share prices declined in June 2021.[14]
Businesses
[edit]- GQ Ball Pen Industries Limited[15]
- GQ Foods Limited[5]
- GQ Industries Limited[6]
- GQBPIL[9]
- GQ Enterprise Limited[16]
- Maladesh International (Private) Limited[7]
- GQ Enterprise Limited[17]
- GQ Marketing Limited[18]
References
[edit]- ^ "Board of Directors - GQ Group - Leading group of companies in Bangladesh". GQ Group. Retrieved 2021-07-10.
- ^ "About Us - GQ Group - Leading industrial group in Bangladesh". GQ Group. Retrieved 10 July 2021.
- ^ "RisingStars". www.thedailystar.net. Retrieved 2021-07-10.
- ^ a b c Habib, Ahsan (2018-11-18). "Stocks slide piles huge losses on GQ Ball Pen". The Daily Star. Retrieved 2021-07-10.
- ^ a b "GQ Foods Ltd. (GQFL)". GQ Group. Retrieved 2021-07-10.
- ^ a b "GQ Industries Limited - Leading PP Oven sacks producer". GQ Group. Retrieved 2021-07-10.
- ^ a b "Maladesh International - Leading a mosquito coil from GQ Group". GQ Group. Retrieved 2021-07-10.
- ^ a b c "Businessman, ex-MP Kamal leaves BNP protesting 'shady figures' in key posts". bdnews24.com. Retrieved 2021-07-10.
- ^ a b "GQ group - Plastic industry limited - Group of companies in Bangladesh". GQ Group. Retrieved 2021-07-10.
- ^ Seraj, Hossain; Magura (2007-09-25). "Party men demand punishment of ex-BNP MP in Magura". The Daily Star. Retrieved 2021-07-10.
- ^ "Plastic, RMG factories gutted". The Daily Star. 2017-04-21. Retrieved 2021-07-10.
- ^ "Regulator fines NRB Equity Tk 10 lakh for breach of rules". The Daily Star. 2020-09-18. Retrieved 2021-07-10.
- ^ "Low performers in top gainers' list". The Daily Star. 2021-03-01. Retrieved 2021-07-10.
- ^ "Stocks bounce back". The Daily Star. 2021-06-08. Retrieved 2021-07-10.
- ^ "GQ Group of companies - Ball Pen Industries Limited - Econo ball pen". GQ Group. Retrieved 2021-07-10.
- ^ "GQ Enterprise Limited - Transportation service in Bangladesh". GQ Group. Retrieved 2021-07-10.
- ^ "GQ Enterprise Limited - Transportation service in Bangladesh". GQ Group. Retrieved 2021-07-10.
- ^ "GQ Marketing". GQ Group. Retrieved 2021-07-10.
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