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Foreword Chairman

The foundation of the Atlas Group was laid in 1962 with the establishment of Shirazi Investments (Pvt) Limited with a capital of half a million rupees and three men doing business in trading shares and real estate. Today Atlas is a diversified group dealing in engineering, financial services and trading. It consists of eight public limited companies out of which six are quoted on the Stock Exchanges in Pakistan, and six private limited companies. Atlas shareholder equity now stands over 25 Billion Rupees; assets have increased to over 60 Billion Rupees; personnel strength is over 7000 and annual sales have crossed 60 Billion rupees. The group paid taxes of Rs. 15 Billion over 2% of the total government revenues.

 

 
Yusuf H. Shirazi
Founder & Chairman
Atlas Group of Companies
The group has enduring partnerships with some leading Japanese and European companies in response to the development and growth of national market, the global opening of international trade and free movement of capital.

The Atlas Group has not only introduced modern technologies in Pakistan but also promoted corporate governance in harmony with country's cultural environment. Thus providing a sense of participation at every level - form the grass roots to the top. To cope-up with the growing needs of the group, permanent cells have been established for the Human Resource Development as well as System & technologies Cell to introduce the state of the art IT facilities in the Group. The Remuneration Committee is headed by the director from outside the Group and Audit Committee chaired by the non-executive directors in each of the Group Companies.

Realizing its social responsibilities as a corporate citizen, the group has been playing a role in promoting centers of professional education, contributing to health facilities, helping law enforcement agencies and playing its role in improving the quality of life with the commitment that what has come from the society should be shared with the society. Atlas Foundation has been established in order to focus on community's growth particularly through health care and education.

The growth of the Atlas Group is the result of its focus on good Corporate Governance .

The group aims to strive for excellence in the areas of endeavors, to make each company in the group highly profitable, a provider of high quality goods and services, an attractive organization to work for, and a reliable business partner and associate.


YUSUF H. SHIRAZI

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