History

History

1994

Establishment of Arif Habib Securities Limited (Now Arif Habib Corporation Limited)


2001

Establishment of Asset Management Company, Arif Habib Investments (now MCB-Arif Habib Savings and Investments Limited)


2001

Listing of Airf Habib Corporation Limited on Stock Exchange


2004

Acquired Rupali Bank, renamed as Arif Habib Rupali Bank and then Arif Habib Bank


2004

Establishment of Arif Habib Limited by separating brokerage business from Arif Habib Securities Limited


2004

Acquisition of Sukh Chayn Gardens and Thatta Cement


2005

Acquisition of Pakarab Fertilizers Limited


2006

Invested in Fatima Fertilizer Company Limited, which was established as a green field project


2006

Invested in Power Cement Limited


2006

Acquisition of Javedan Cement Limited


2007

Became a joint venture partner in Aisha Steel Mills Limited


2008

Acquired stake in ICPL (Dolmen City)


2009

Establishment of REIT Management Company


2009

Divestment of Arif Habib Bank (now Summit Bank) and Thatta Cement


2011

Acquisition of Sachal Energy Development (Pvt) Ltd (to set up Wind Power)


2011

Merger of Arif Habib Investments and MCB Asset Management


2011

Launch of Naya Nazimabad Housing Project


2012

Establishment of Arif Habib Commodities (Pvt) Ltd


2015

Launch of Dolmen City REIT, South Asia’s first listed REIT


2015

Acquisition of DH Fertilizers


2017

Incorporation of Black Gold Power Limited for 660MW Coal Power Project


2017

Achieved Financial Close for expansion of Aisha Steel and Power Cement (USD 300m)


2019

Achieved COD of Aisha Steel’s expansion


2020

Achieved COD of Power Cement’s expansion



Key Milesstones

One of the leading market share holders in the brokerage industry

Rated “AA-/A-1” with a ‘Stable’ outlook by JCR-VIS Credit Rating Company


Successfully conducted 3 out of 4 transactions under the Privatisation Programme:

Largest ECM transaction in Pakistan & Asian Frontier Markets(USD 1 billion)

First capital market transaction under the Privatisation Programme after a gap of almost 7 years

Largest domestic secondary public offering


Executed Pakistan and South-Asia’s first listed REIT fund-Dolmen City REIT.

Handled highest number of IPOs in Pakistan equity market during 2010, 2011 & 2012

Source: PSX