M.M. Group of Companies is one of the fastest growing professionally managed Organisations founded in 1986 by Mr. Mahmood Baqi Moulvi.
Since 1986 the company’s activities have diversified and progressed over a range of industries such as grains (rice and wheat), oil seeds and meals (Canola, Soybean, Sunflower), Palm Oil and its fractions, trading of coal, shipping and cargo handling services (stevedoring), poultry (layers, broilers and fresh meat) as well as being a stock brokerage house offering clients to trade shares in the Karachi Stock Exchange and trade commodities such a as Gold and Silver on the Pakistan Mercantile Exchange.
Prior to diversifying into the manufacturing sector, the group’s main commercial activity was concentrated in the shipping industry; which included ownership of two vessels, M.V. Prime-I & M.V. Marine Trader which it subsequently demolished at its own Ship Breaking Yard in Gadani.
The group’s shipping companies include Marine Pride Shipping & Trading Corporation (Pvt.) Ltd., M.M. Marine Services (Pvt.) Ltd., Asia Trade & Transport (Pvt.) Ltd., M.M. Services, and Pride Ship Breakers.
These companies were involved in Agency Work, Ship Owning, Ship Management – including technical and commercial - Brokerage, Container Handling, Stevedoring, Chartering and Ship Breaking. All Private Limited companies are ISO 9001 – 2008 compliant.
These companies are members of Pakistan Ship Agents Association, Chamber of Commerce, Pakistan Stevedores Conference, Karachi Dock Labour Board, and General Agents for ECO Shipping companies. These companies have successfully performed contracts of Affreightment with State Enterprises such as Pakistan Steel, Ministry of Food and Agriculture as well as Pak-Arab Fertilizer Corporation.
In addition, the shipping segment of the group performs COA/Spot fixtures with renowned Foreign Owners/Operators from the world over.
The group has its own Ship Breaking Yard at Gadani, Balochistan which it continues to use to demolish demo vessels after purchasing them from the international market.
The Cargo handling company M.M. Services (Pvt.) Ltd. owns and continues to use various handling equipment including Grabs of various capacities, Hoppers, Bagging Plants, Evacuators and Lifters to perform Stevedoring operations.
M.M. COMMODITIES
M.M. Commodities (Pvt.) Ltd. established in 2002 and that is the trading arm of M. M. Group importing/exporting wheat and coal alongside the export of rice. The company has cemented major success in Rice Export. M.M. Commodities is three times recipient of Export Trophies for the year 2003-04, 2004-05 and 2005-06 from the Federation of Pakistan Chamber of Commerce & Industry (FPCCI) . M.M Commodities received the Rice Export Association of Pakistan (REAP) Trophy for the 2002-03 and the Achievers of Industrial Excellence Trophies in 2006 by Ceylon Chamber of Commerce to S.A.A.R.C countries. The Company achieved the Best Exporter Gold Medal of the year 2009 from the Karachi Chambers of Commerce & Industry (K.C.C.I) .
M.M. Commodities has its own Storage Parks consisting of several warehouses located in the various Industrial Zones of Port Qasim – primarily on main Port Qasim Road - which are used to store various commodities such as Wheat, Sugar, Rice, Canola and other commodities.
Due to their prime location and capacity of 600,000 Square Feet, the group sometimes rents these warehouses to the Government and other third parties to assist them in maintaining supply.
M. M. SECURITIES (PVT) LTD.
M. M. Securities (Pvt) Ltd. is an ISO 9001:2008 Certified brokerage house and corporate member of the Karachi Stock Exchange Limited. It was incorporated in 2009 and acquired corporate membership of the Karachi Stock Exchange in the same year.
M.M. Securities (Pvt.) Ltd. continues to strengthen its position as one of the leading brokerage house of Karachi Stock Exchange (K.S.E) by going beyond traditional levels of service to facilitate its clients in all services including high quality research, timely settlement and all kinds of financial transitions including equity and commodity, hedging and arbitrage, online trading, portfolio advisory, wealth management and research.
