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HRC Group

Bangladeshi industrial conglomerate (e. 1991) From Wikipedia, the free encyclopedia

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HRC Group is a Bangladeshi industrial conglomerate.[4][5] The industries under this conglomerate include media, agriproducts, tea, real estate, finance, and shipping.[6][7]

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Latest update

Sayeed Hossain Chowdhury passed away on July 15th 2025, his three sons Halif Raees Chowdhury, Hameem Raees Chowdhury and Haziq Raees Chowdhury now run HRC group.

History

The group was established on 14 March 1991 as a Shipping Agency for Chittagong and Mongla ports by entrepreneur Sayeed Hossain Chowdhury.[1] Since then it has expanded to more than 20 subsidiaries.

On 10 December 1998, two security guards of the group were killed during the robbery at the HRC Group headquarters in Karwan Bazar, Dhaka.[8]

In July 2008, the chairperson of the group, Sayeed Hossain Chowdhury, was arrested by joint forces on charges of money laundering and tax evasion.[9] He received bail on 28 August 2008.[10]

In July 2020, Sayeed Hossain Chowdhury, the Chairperson of the HRC Group, was removed from his position as Chairperson of One Bank Limited by Bangladesh Bank due to the subsidiaries of HRC Group defaulting on loans from various banks.[11]

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List of companies

Shipping and Logistics

  • HRC Shipping Limited[12]
  • HRC Freight Limited[13]
  • HRC Travels Limited
  • Travel Wise Limited[14]
  • Arkan Express Limited[15]

Media

Real Estate

  • HRC Properties Ltd.[18]
  • Hamid Properties Limited[19]

Agro-products

  • HRC Dairies Limited
  • HRC Agrocom[20]
  • HRC Land Limited (Clevedon Tea Estate and Dildarpur Tea Estate)[21]
  • HRC Products Limited producing Clevedon, Clone, and Premier branded tea.[22]

Manufacturing

  • HRC Lighting Limited[23]
  • HRC Lamps Limited[24]

IT

  • Information Services Network Limited which was the first Bangladeshi Private ISP as Bangla.net[25]

Finance

See also

References

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