WAKGROUP initiated its journey of success with the launch of its first project in real estate sector by launching Lahore’s first private housing society (currently known as DHA Phase 1) in 1960’s.
The foundation of the group was laid in the LPG segment through the creation of WAK GAS which was incorporated on 10 February, 1984 as a private limited company under the Company’s Ordinance 1984.
WAK GAS acquired its LPG Marketing license on 18 May, 1989 under the liquefied Petroleum (production and distribution) Rules of 1971 from the Ministry of Petroleum and Natural Resources, Government of Pakistan.
The Company started its LPG marketing operations in August, 1989 under the trade name of WAKGAS after it signed its first LPG Sales/Purchase agreement with the Oil and Gas Development Corporation (OGDC) and Pakistan Petroleum Limited (PPL) for the purchase of LPG from the gas field of Adhi.
A flagship of WAK Group renowned as WAKGAS started its LPG marketing operations in August, 1989, WAK GAS is Pakistan’s only ISO-certified LPG concern engaged in buying, filling, marketing and distribution of Liquefied Petroleum Gas.Pakistan’s largest on-ground and mobile storage facility of over 6000MT and 1500 tons respectively, enables WAKGAS to cater to the versatile needs of its diversified customer-base comprising 40 million individuals and entities. WAKGAS’s state-of-the-art ISO-certified cylinder and bowser manufacturing facility is the backbone of its sales and distribution network comprising 5 strategically located filling and storage plants, 2200 branded outlets, 1200 distributors and a cylinder population exceeding 1.3 million, across Pakistan.
WAK Steel came in to existence in April, 1990. WAK Steel is an ISO-certified manufacturing facility at Lahore for manufacturing LPG cylinders, pressure vessels, storage tanks, and LPG bowsers. The facility has the capacity to produce over 250,000 LPG Cylinders of various capacities at the facility each year. All the present Bowsers being used WAK GAS another subsidery of WAK GROUP the Parent company of WAK STEEL have been manufactured in house besides many high pressure tanks and other storage facilities.
Falcon Oil incorporated in March, 1995 and became a Public Limited Company (Non Listed) in May, 1995. As the latest addition to the group, FALCON OIL is setting up a world-class oil refinery at Khyber Pakhtunkhawa (KPK), in collaboration with a Chinese company (GEDI). The timing and the location of this joint venture is very crucial when viewed in the context of CPEC (China Pakistan Economic Corridor), an epoch-making project that is going to be a game changer for the region.With a capacity of over 100 thousand barrels and 20 million metric tons storage facility, Falcon Oil will be a backbone not only of PetroWell’s marketing of POL products, but of the national economy, fuelling growth and prosperity across the length and breadth of Pakistan.
Vital Enterprises laid its foundation in March, 1996. Later on its highly remarkable Project “PAK ARAB HOUSING SCHEME” launched in 2003.Envisioned to provide affordable shelter in a sustainable environment, Pak Arab Housing Society is the essence of WAK Group’s rich experience of real estate development. Commencing with the launch of Lahore’s first private housing society (currently known as DHA Phase 1) in 1960s, the Group has to its credit some landmark projects including Sui Gas Housing Scheme, Canal Park and River Edge.PAHS is primarily designed to suit the housing needs and aspirations of middle and lower income groups who form 90% of the total annual demand of 5 million houses in Pakistan. Low budgets, growing consumerism and media galore have collaborated to unleash a general preference for small houses equipped with 21stcentury amenities.With this in mind WAK Group has utilized its experience and expertise to transform PAHS into a concept gated community supplemented by extensive infrastructure offering a world class lifestyle in a perfectly healthy and secure environment at affordable costs.
Following the successful transfer of almost 100% of plots in phase 1, PAHS has launched phase 2 where development work is already underway.
Global Broadcast (Pvt.) Limited was set up in the year 2002, with a primary aim to enlighten and empower the people of underdeveloped and volatile areas of Pakistan. Currently running an FM station in Dera Ismail Khan to promote cultural and folk music alongside intelligent programming focused on creating awareness among the masses, the effort is focused on helping the people of this area go a step up on the social ladder.
Global Broadcast’s FM channel does not sell airtime, which makes it a nonprofit entity dedicated to promote cultural and social awareness among the masses, to change hearts and minds.
Horizon Construction is one of the Leading Construction Company of Pakistan Started in April, 2006 and it is owned by WAKGROUP of Companies.Pakistan’s economy is undergoing a massive change, which is reflected in improving growth figures, a booming corporate sector, multiplying incomes, swelling consumerism, and improving lifestyles. No wonder, Pakistan’s real estate and construction sectors are not only changing perspectives but showing great prospects.To channelize and fine tune the trends and culture of construction companies, Horizon Construction has been established in April, 2006. Ever since, the company has evolved into one of the leading construction companies of Pakistan. Relying on its integrity, dynamism, and cutting-edge technology, Horizon Construction has the capability to provide a wide range of services from real estate, housing to infrastructure development, precisely as per international standards.
PETROWELL (Pvt.) LIMITED was incorporated on December 15, 2015 as a Private Limited Company under the umbrella of WAK Group. WAK Group is Pakistan’s fastest growing business conglomerate with interests in various sectors ranging from petroleum & natural gas, real estate & construction, fashion & media to consumer electronics. Engaged in marketing and distribution of POL products, PETROWELL (Pvt.) Limited is committed to propel the pace of Pakistan’s journey towards progress and prosperity. Intently focused on quality, environment, timely delivery, infrastructure and customer-care, PETROWELL is proudly local with a global outlook. PETROWELL has a team of dedicated and highly qualified professionals who are always geared to walk some extra miles to spread some smiles.
IVY Prints has been creating bridal & luxury pret for the last 8 years.IVY Prints has been flaunting its prêt and unstitched arrays of bridal, luxury, formal and semiformal designs for the last 8 years. IVY’s Flora range with its definitely distinctive western look is the ultimate showstopper. IVY’s flagship outlet on M.M. Alam Road, 2 years ago, has strengthened the brand’s market presence, bringing it closer to its customers.IVY has shared the limelight with leading local and international brands at premium local and international fashion events. IVY Prints launched its first lawn collection last year, which was very well received, followed by successful Eid and Winter Collections. Other collections are in the pipeline.
WAK Group’s latest initiative in consumer electronics sector, WAK TECH is driven to capitalize on Pakistan’s consumer electronic market worth $1.5 billion. With gradual improvement in power generation and a rising PPP, the sector is expected to grow to $2-4 billions in the near future.
Going forward, WAK TECH is setting up a state-of-the-art manufacturing facility for assembling a complete array of Samsung’s innovative products. The said facility will be functional by mid 2018.