CNBC Pakistan interviewed Mr. Javed Saifullah Khan on the Power Lunch program, to discuss the issues facing the Textile Industry in Pakistan.

One of the most closely watched shows in Pakistan´s business circles, Power Lunch highlights areas of investor interest. CEOs and CFOs of listed companies are invited to discuss their company´s performance. In addition analysts specializing in the company or sector under discussion are also invited to call and pose their queries to the senior executives.

Mr. Javed Saifullah Khan, the Chairman of Saif Textile Mills Ltd and Kohat Textile Mills Ltd held an in-depth discussion on the recent performance of the Textile Industry in Pakistan as well as the future outlook of the sector.

During a glittering ceremony held at the Aiwan I Sadr on the occasion of Pakistan Day, President Pervez Musharaf conferred the prestigious Hilal I Imtiaz civilian award upon Kulsum Saifullah Khan, Chairperson – Saifullah Foundation for Sustainable Development and the former Chairperson of the Saif Group for her meritorious and distinguished services to Pakistan in a career spanning the corporate, social and political spectrum.

An active worker and participant in the Pakistan Independence Movement and a Founding Member of the All Pakistan Women’s Association (APWA) since 1947, Kulsum Saifullah Khan served as an Advisor to the Founder of APWA Begum Raana Liaquat Ali Khan till 1951. She also served as the NWFP President of APWA from 1962 – 76.

A founder member of the Sarhad Handicapped Children’s Association, Kulsum Saifullah Khan has also served as the NWFP President of the Craft Council and as a Member of the National Council for Population Planning.

>From 1964 till 1990, Kulsum Saifullah Khan served as the Chairperson – Saif Group of Companies and was a Founder Member of the Women’s Chamber of Commerce & Industry (WCCI), a Founder Member of the Pakistan Association of Women Entrepreneurs and the NWFP President of the Pakistan Federation of Business and Professional Women’s Association.

Kulsum Saifullah Khan has also represented Pakistan as a Delegate at the Annual Session of the United Nations General Assembly, the United Nations International Council on Population and at the World Conference to Review & Appraise the Achievements of the United Nations Decade for Women: Equality, Development & Peace.

As a public representative, Kulsum Saifullah Khan has served as a Member of the Provincial Assembly (NWFP), Member of the Federal Council and as a Member of the National Assembly of Pakistan.

The first woman Federal Minister in Pakistan’s history, Kulsum Saifullah Khan served as the Federal Minister for Population Welfare and Organization & Methods (Management Services Division).  She had previously served as the Minister of State for Commerce.

The Cricket team of the Textile Division of the Saif Group emerged victorious in the Saif Energy Cup for the second consecutive year.

The Textiles team won the trophy after defeating the Saif Energy team in the finals of a limited-over cricket tournament held in Islamabad today.

The Captain of Textile Division team, Mr. Muhammad Amjad, Manager Procurement of Saif Textiles received the trophy on behalf of his victorious team, while his counterpart Mr. Muhammad Tayyab, Senior Executive Finance Saif Energy received the runners-up prize.

A large number of employees of Saif Group from Islamabad, Lahore and Gadoon Amazai watched the matches and enthusiastically supported their respective teams.

A total of four teams representing Saif Energy, Globecomm, Saif Holdings and the Textile Division (Saif Textiles & Kohat Textiles) participated in the tournament. Mr. Jehangir Saifullah Khan, CEO – Saif Energy Limited attended the event. Speaking at the concluding ceremony, Mr. Usman G Khattak, COO – Saif Energy congratulated the winning team and appreciated the display of great teamwork by all the players.

Saif Energy Ltd. achieves ISO 9001:2000 certification for Management of Oil & Gas Exploration and Production activities by Lloyd's Register Quality Assurance Ltd. SEL is Pakistan’s first local private sector company to acheve this certification.

Saif Textile has won the Best Exporter trophy for its excellent performance as an exporter for the year 2005-06. Governor NWFP, Lt General (Retd) Ali Muhammad Jan Orakzai awarded the trophy to Mr. Shiraz William , GM Marketing in a ceremony organized by Sarhad Chamber of Commerce and Industry. Saif Textile has an annual export turnover of approximately 17 million US dollars and its markets mainly include Europe, Middle East and Far East . Saif Textile has received the Export Trophy in the past as well. 

Saif Energy Ltd. Spuds its first exploratory well in Sari South block

The Government of Pakistan today on Monday, 30th April, 2007, granted an Exploration Licence over Block No. 2769-12 (Khetwaro) to Saif Energy Ltd. Simultaneously, Petroleum Concession Agreement was also executed between the Saif Energy Limited and the Government. In Khetwaro Block, Saif Energy Ltd intends to make an investment of over US$ 15.00 million to undertake 100 line kilometers of 2D seismic survey and drilling of three exploratory wells during the initial term of three years of Phase-I. The Exploration Licence and Petroleum Concession Agreement were signed by Mr. Ahmad Waqar, Secretary Petroleum and Natural Resources on behalf of the President Islamic Republic of Pakistan, Mr. Naeem Malik, Director General Petroleum Concessions and Mr. Jehangir Saifullah Khan Director and Chief Operating Officer of Saif Energy Ltd. Also present on the occasion were Mr. Javed Saifullah Khan , Chairman, Saif Group of Companies and Mr. Ahmed Nawaz Khan, President Saif Energy Ltd.

ISLAMABAD : The Saif Power Ltd (SPL) has signed its power purchase agreement (PPA) with NTDC, for its 225 mw power project to be located at Sahiwal. The PPA document was signed and exchanged between SPL Director Omar Saifullah Khan, and Rana Muhammad Amjad, General Manager, WPO in the presence of other senior officials.  Earlier, in January this year, the gas supply agreement (GSA) was signed between the SPL and the SNGPL, while the implementation agreement had already been initiated with the PPIB. The signing of the PPA concludes the package of agreements ie, IA, PPA and GSA, as per requirements of the 2002 power policy, after which the company will proceed with its financial closure and thereafter the construction of the power complex.  Targeted to start its commercial operations in 2009, the power plant is estimated to be established at a cost of $200 million. The power plant is based on combined cycle/gas turbine technology, and capable of operating on dual fuel, it will use gas as the primary fuel.

Mr. Jehangir Saifullah Khan COO, Saif Energy Ltd. and Mr. LI Yaqiang Country Manager, Great Wall Drilling Company Sign a Contract for Drilling Rig Services for its first exploratory well TM-1 in Sari South Block.

Mr. Jehangir Saifullah Khan (COO Saif Energy Limited) and Mr. George Walker (Country Manager OMV) Exploration GMBH sign the Deeds of Assignment as a joint venture partner in Sari South Block on 21st March, 2007.

Cricket team of Textile Division of Saif Group clinched the coveted Saif Telecom Cup after a massive win over Saif Energy Limited in the finals of a limited-over cricket tournament held in Islamabad today. Captain of Textile Division team, Mr. Sheraz William, GM Marketing of Saif Textile Mills Limited received the trophy on behalf of his victorious team.  Mr. Anwar Saifullah Khan, Co-Chairman and Mr. Osman Saifullah Khan, Chief Executive Officer, Saif Group attended the event. A large number of employees of Saif Group from Islamabad, Lahore and Gadoon Amazai watched the matches and supported their respective teams enthusiastically. The one-day sporting event was organized by Saif Group’s HR Department.  A total of four teams, Saif Energy Limited, Globecomm (Private) Limited, Saif Telecom Limited and Textile Division (Saif Textile Mills Limited/Kohat Textile Mills Limited) participated in the tournament. In the first match, Saif Energy Limited smashed a blistering victory over Saif Telecom Limited. Textile Division trounced Globecomm (Private) Limited to reach the finals. Mr. Muhammad Afzaal of Saif Textile Mills received the Man of the Tournament award for scoring a whopping 62 runs against Globecomm. The Chief Guest congratulated the winning team and appreciated the display of great teamwork by all the players.

Sui Northern Gas Pipeline Company Limited (SNGPL) and Saif Power Limited signed a Gas Supply Agreement (GSA) today for supply of 38 MMCFD gas to 225MW combined cycle thermal power project located in Sahiwal district. Mr. Rashid Lone, Managing Director, SNGPL and Mr. Javed Saifullah Khan, Chairman Saif Group signed the agreement on behalf of their respective companies. SaifPower is a local power company owned by the Saif Group, a leading industrial and services conglomerate. Power Purchase Agreement and Implementation Agreement have already been initialed and the project is expected to start commercial operations in early 2009. Speaking on the occasion, Mr. Javed Saifullah Khan said that the project is in line with the government’s policies to meet the energy requirements for industrialization and maintaining steady economic growth in the country.

January 09, 2007 – Chairman CDA Kamran Lashari and Chairman Capital Compost (Pvt) Ltd. and former Federal Minister Mr. Anwar Saifullah Khan signed Agreement to set up and operate 1st Compost Fertilizer Plant in Islamabad . Land for the project shall be rented out to the company for a period of 20 years extendable for two terms of same period.  The project site shall be located near village Kuri (adjacent to proposed landfill site of C.D.A) and the Company will import brand new compost plant from Europe for the project. The project shall be completed within 12 months from the date of taking over the possession of land with an approximately cost of Rs 200 million. The project will deal with the Municipal Solid Waste Management and will create employment opportunities for the people.

On the occasion of the 59th Independence Day of Pakistan, the President General Pervez Musharaf conferred the country’s prestigious “Sitara-e-Imtiaz” award upon Javed Saifullah Khan, Chairman of the Saif Group of Companies for his meritorious services to the people of Pakistan. Javed Saifullah Khan has a rich and diversified experience of over 30 years in Textile, Telecommunication, Cement and IT industries. He is a member of various government and social organizations and has represented Pakistan as an official delegate at international forum. The Presidential citation announced that he remained chairman of All Pakistan Textile Mills Association, Central Managing committee for two years and Chairman of the Zonal Committee for seven years: Member Task Force IT & Telecommunication Advisory Board, Ministry of Science and Technology, Member Task Force (Liberalization & Privatization of Pakistan Telecommunication Company Limited, PTCL) Ministry of Science & Technology. At Present, he is Member of the Board of Directors of Pakistan International Airlines Corporation, Member of Board of Directors of Pakistan Mobile communications Ltd (Mobilink), Member of Board of Investment, Govt of Pakistan and Member of PPEPCA.

Saif Energy Limited. Sign a contract with BGP for 2D Seismic Survey in Sari South Block.

The Government of Pakistan grants an Exploration Licence over Block No. 2467-9(Sari South)to Saif Energy Etd. Simultaneously, Petroleum Concession Agreement was also executed between the Saif Energy Limited and the Government.

The Government of Pakistan on Friday, July 15, 2005 granted a petroleum exploration license to Saif Energy Limited over Block 3271-2 (Dhermund) covering an area of 2412.23 square kilometers. Saif Energy Limited is 100 per cent owned by Saif Group. Dhermund Block falls in districts Mianwali, Chakwal and Khushab of Punjab province. A minimum firm investment of $0.9 million and contingent investment of $4 million will be made in the block. During phase-I of the initial term of the license, Saif Energy shall carry out G&G studies, data purchase, processing of vintage seismic data, acquisition and processing of 125 line km 2 D seismic, integration of geological and geophysical evaluation, prospect generation in the first two years and an optional exploration well up to a depth of 2500 meters of Eocene Carbonate objective in the third year. Mr. Amanullah Khan Jadoon, Federal Minister for Petroleum and Natural Resources and Mr. Anwar Saifullah Khan, Co-Chairman Saif Group witnessed the ceremony of the grant of exploration license. The license and the petroleum concession agreement were signed by Mr. Ahmed Nawaz Khan, President & Chief Operating Officer of Saif Energy Limited, Mr. Ahmad Waqar, Secretary Ministry of Petroleum & Natural Resources on behalf of the President of Pakistan, and by Mr. Mohammad Naeem Malik, Director General Petroleum Concessions.

Mr. Ahmad Nawaz Khan (President/COO Saif Energy Limited) and Mr. Gordon Smith (Country Manager Tullow Pakistan Development Limited) signed the Deeds of Assignment for a Joint Venture Partner in Kohat and Bannu West Blocks on 21st June, 2005 in the presence of the Chairman and Directors of the company.