Alliance Holdings Limited

Alliance Holdings Limited (AHL) is a Bangladeshi conglomerate company based in Dhaka, Bangladesh. It is active in business areas such as inland container terminals, prefabricated steel building manufacturing, power generation, lubricant blending, and financial services.[1][2]

History

Alliance Holdings Limited was founded in 1998 by Jowher Rizvi as a holding company in Bangladesh.[3][4]

In April 2010, Alliance Holdings announced its plan to offer 35 million shares at Tk 10 each in a public flotation.[1] The capital raised was intended for business expansion and investment in infrastructure sectors such as power, telecom, and shipbuilding.[1]

In 2021, Alliance Holdings and The Social Loan Company (TSLC), a Singapore-based firm, formed a joint venture to launch the digital credit application CASHe in Bangladesh.[5]

Over the years, Alliance Holdings has held a shareholding in companies such as Summit Alliance Port Limited and Global Beverage Company Limited, a franchisee for various soft drinks such as Virgin, Zam Zam, and Shark Energy.[1] It has also held a stake in the Industrial Promotion and Development Company of Bangladesh (IPDC), Bangladesh's first private sector financial institution.[1]

Subsidiaries

• Summit Alliance Port Limited[6][1]
• Ispahani Summit Alliance Terminal Limited[7]
• Oriental Oil Company Limited[8]
• Alliance Oil Limited[9]
• Lankan Alliance Finance Limited[10][11]
• PEB Steel Alliance Limited[12]
• Union Accessories Limited[8]
• Fountain Garments Manufacturing Limited[8]
• CASHe Alliance Limited[13]

See also

• List of companies of Bangladesh
• Summit Alliance Port Limited

External links