Business History / Company Profile

Co-Founder: 1930 - 1945

After the first world war, our forefather joined Royal Army and worked as a technical signal core engineer and got many distinguishes.

1945 : After the Second World War, he left Royal Army, and before partition, an army man, Hafiz Ghulam Ahmad started the work in electronics. He started from Radio Sets. Due to his efforts and honesty, he became a Chairman of ICL (Ikhlaq Corporation Limited) group of companies having 200 employees. The assembling target is in millions in a year towards public address system, professional sound system and various other electronic products.

Ikhlaq Corporation: 1952 – 2002: Ikhlaq Corporation started in 1952 as a manufacturer and Importer of Public Address System and Electronic Consumer Products. The company operates its own showrooms on Hall Road Lahore and maintains a dealer network throughout Pakistan. We serve as suppliers, distributors, and installers of electronic products, both local and foreign-made, and are registered with many government departments, NGOs, and private sectors, etc.

First Generation: 1971 – 1988

Malik Ikhlaq Ahmad, after completing his higher education, joined his father and made extensive tours to Europe, USA, Japan, Middle East, and Far East. He established personal contacts with buyers and sellers, significantly enhancing business and sales volume. In 1988, the company won the ASIA AWARD and the AMERICA AWARD for Quality, for being one of the best manufacturers of consumer electronic products in Pakistan. The company enjoyed its reputation due to its professionalism and excellent quality production.
Golden Gulf Establishment: 1989 – 2019: 
The company was restructured, and in 1989, Ikhlaq Incorporation and Golden Gulf Establishment were established as importers, exporters, distributors, and contractors for electronics and electromedical equipment. Golden Gulf Establishment is located at 9-A-1, Peco Road, Township, Lahore, Pakistan. The company has been a member of the Lahore Chamber of Commerce & Industry for the past 25 years, and its sister concern companies have been in business for more than 72 years. The owner (CEO) of Golden Gulf Establishment also served as an Executive Member of the Lahore Chamber and Chairman of LCCI’s Standing Committee on Electromedical & Scientific Equipment.
2nd Generation: 1995
STEPS TOWARDS SUCCESS
Sons of Malik Ikhlaq Ahmad joined his father’s business and successfully expanded it. We are the exclusive sole distributor of internationally renowned companies from the USA, Europe, Japan, China, and others, conducting business in both private and public sector hospitals without any complaints. The company has a good reputation for providing a full range of medical equipment and accessories with reliable after-sale service and maintenance through a fully equipped state-of-the-art repairing lab. The establishment has qualified, experienced staff and offices throughout Pakistan in major cities.

2014

Mr. Malik Riaz Ahmad, the elder son of the Cheif Executive Officer, expanded the export business and participated as an exhibitor in different national and international exhibitions.
Global Specialist Trader Private Limited 2022: 
A sister concern company Global Specialist Trader (GST) is started as a Private Limited company that specializes in imports, exports, and supplies all kinds of medical instruments and equipment, as well as other general products, digital products, software, and educational services. Our main commodities are e-commerce, medical equipment & instruments, and related educational services. We market and sell our products and services both through our own channels and through other freelance market platforms and websites. Additionally, we offer educational services related to our products and services.