Business History / Company Profile

Founder: 1932 - 2002

1932 : After the first world war, our forefather joined Royal Army and worked as a technical signal core engineer and got many distinguishes.

Hafiz Sb

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.

Second Generation: 1972 – 2019
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1972 : 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 Lahore, Pakistan. 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.

 

Third Generation: 1995

 ENTERING THE ERA OF TECHNOLOGY

1995 : 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.

 

Malik Riaz

STEPS TOWARDS MORE SUCCESS

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.

FOCUS ON THE FUTURE

Global Specialist Trader Private Limited 2022:

Global Specialist Trader (GST) is started as a private Limited Company. All sister concern companies have been a member of the Lahore Chamber of Commerce & Industry for the past 25 years and have been in business for more than 72 years. GST focuses on importing, exporting, and supplying all kinds of medical instruments and equipment, along with other general products, digital goods, software, and educational services. Our main areas of business are e-commerce, medical equipment, and educational services related to these products. We sell our products and services through our own channels as well as other online platforms and websites. We also provide educational services that relate to what we sell.