ON
“Company Profile of Rahimafrooz Bangladesh Ltd”.
Submitted to:
Chowdhury Sifat Kamal Course Instructor of Introduction to Business Department of Business Studies
Prepared by:
Fuad Mohammad Shah - UG01-22-09-007
Kawsar Ahmed - UG01-24-10-023
Md. Emdadul Hasan Santo - UG01-24-10-001
Bachelor of Business Administration Batch – 24, Section – A
STATE UNIVERSITY OF BANGLADESH
Date of Submission: 20th April , 2011
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“Company Profile of Rahimafrooz Bangladesh Ltd.”
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Founder
Late A.C.Abdur Rahim (1915-1982)
Rahimafrooz Bangladesh Limited
01. Background
Rahimafrooz Bangladesh Limited was established in 1950A.D. as a trading company. Late A.C. Abdur Rahim was the proprietor in this time. From 1954 it was established as a limited company. In the new environment he had to start afresh. He had little capital. His main assets were self-confidence and a strong faith in the Almighty, which carried him through all the difficulties with a remarkable triumph. He finally established a small proprietary trading company named Rahimafrooz & Co, in Chittagong in 1950 which was later incorporated on 15th April 1954, which is now Rahimafrooz (Bangladesh) Ltd. Rahimafrooz expanded rapidly into various trading items. Within 5 years, Mr. Rahim was able to enter into a joint venture with Lucas (UK) to set up a modern automotive battery factory. He acquired the principal company Lucas Service Ltd in 1980 which is now known as Rahimafrooz Batteries Ltd. Apart from business, he engaged himself in benevolent activities. All through his life he was respected for his values and caring attitude. After a few years he left that job and ventured into a small partnership business. During early 1940s, he got active in commercial trading of scarce items and gained valuable experience. In 1947, he decided to move to Chittagong to live in an environment of religious freedom.