Golden Harvest Group

Golden Harvest Group

Formation	2000
Headquarters	Dhaka, Bangladesh
Region served	Bangladesh
Official language	Bengali
Revenue	US$10.41 million (2020)
Staff	1,142
Website	www.goldenharvestbd.com

Golden Harvest Group (Bengali: গোল্ডেন হারভেস্ট গ্রুপ) is a Bangladeshi diversified conglomerate based in Dhaka.[1] Rajeeb Samdani is the conglomerate’s managing director[2] while Mohius Samad Choudhury is the main director.[3]

History

Golden Harvest InfoTech Limited was established in 2000.[4] It is a software export-oriented company.[5]

Golden Harvest started manufacturing frozen food in 2006.[6]

Golden Harvest founded Taher Ahmed Choudhury Charitable Hospital in 2006 in Bhadeshwar Union, Golapganj Upazila, Sylhet District.[7]

Golden Harvest Developers Limited was established in 2009.[8]

In January 2011, Golden Harvest Agro was given an A grade by the British Retail Consortium.[9]

Golden Harvest Group established Golden Harvest Foods Limited in 2012 to manufacture snacks such as chips and chanachur.[10] It signed an agreement with Nippon Express to launch a joint venture company in Bangladesh.[11] In October 2012, Golden Harvest Agro Industries received permission for their IPO on the Dhaka Stock Exchange.[12]

In 2014, Golden Harvest launched a cold chain network with funding from the United States Agency for International Development (USAID). It also received support from the Cold Chain Bangladesh Alliance.[13]

Golden Harvest is a sponsor of Dhaka Art Summit,[14] of which Rajeeb Samdani is the founder.[15]

In March 2018, Golden Harvest signed an agreement with Jubilant FoodWorks to launch Domino's Pizza in Bangladesh.[16] The first branch was opened in Dhanmondi on 15 March 2019 under a joint venture company called Jubilant Golden Harvest Limited.[17]

During the COVID-19 pandemic in Bangladesh, sales of frozen food increased for Golden Harvest.[6] Frozen Paratha and bread sales increased while frozen snacks such as samosa, sausages and ice cream declined dramatically.[18] The Bangladesh Securities and Exchange Commission scrutinized Golden Harvest Agro Industries' decision to provide 3.79 billion taka loans to its sister concerns without interest.[19]

Businesses

• Golden Harvest Agro Industries Limited[20]
• Golden Harvest InfoTech Limited[4]
• Golden Harvest Ice-Cream Limited (Bloop)[21]
• Golden Harvest Foods Limited[10]
• Golden Harvest Express[22]
• Golden Harvest Dairy Limited[23]
• Fatehpur Estate Limited[24]
• Golden Harvest Developers Limited[8]
• Golden Harvest Commodities Limited[25]
• Nippon Express Bangladesh Limited, a joint venture with Nippon Express.[26]
• Jubilant Golden Harvest Limited, a joint venture with Jubilant FoodWorks.[27]
• Cold Chain Bangladesh Limited,[28] a joint venture with International Finance Corporation.[29]

Charities

• Samdani Art Foundation,[30] founded by Rajeeb Samdani and his wife, Nadia Samdani.[31]
• Bangladesh Human Rights Foundation[32]
• Taher Ahmed Choudhury Charitable Hospital[7]
• JITA Bangladesh[33]

See also

• Toma Group
• Impress Group

References

1. "গোল্ডেন হারভেস্ট গ্রুপের ডিজিটালাইজেশনের যাত্রায় গ্রামীণফোন". banglanews24.com (in Bengali). 2 December 2020. Retrieved 2021-05-23.
2. "Golden Harvest to go for expansion". The Daily Star. 2010-11-14. Retrieved 2021-05-23.
3. "4th Dhaka Art Summit to begin on February 2". Dhaka Tribune. 2018-01-11. Retrieved 2021-05-23.
4. "Golden Harvest InfoTech Ltd. – Golden Harvest". www.goldenharvestbd.com. Retrieved 2021-05-23.
5. "Golden Harvest stepping into e-commerce ring". Dhaka Tribune. 2021-03-09. Retrieved 2021-05-23.
6. "Frozen food industry emerges as a bright spot amid pandemic gloom". The Daily Star. 2020-11-08. Retrieved 2021-05-23.
7. "Taher Ahmed Choudhury Charitable Hospital (TACCH) – Golden Harvest". www.goldenharvestbd.com. Retrieved 2021-05-23.
8. "Golden Harvest Developers Limited – Golden Harvest". www.goldenharvestbd.com. Retrieved 2021-05-23.
9. "Golden Harvest gets top grade". The Daily Star. 2011-01-19. Retrieved 2021-05-23.
10. "Golden Harvest Foods Ltd. – Golden Harvest". www.goldenharvestbd.com. Retrieved 2021-05-23.
11. "Nippon Express sets foot in Bangladesh". The Daily Star. 2012-04-19. Retrieved 2021-05-23.
12. "Four IPOs get SEC's green light". The Daily Star. 2012-10-11. Retrieved 2021-05-23.
13. "Golden Harvest launches cold chain network". Dhaka Tribune. 2014-09-19. Retrieved 2021-05-23.
14. "Dhaka Art Summit begins February 7". The Daily Star. 2014-02-05. Retrieved 2021-05-23.
15. "Bangladeshi Rajeeb Samdani appointed founding member". The Daily Star. 2012-11-04. Retrieved 2021-05-23.
16. "Domino's Pizza to set foot in Bangladesh soon". The Daily Star. 2018-03-07. Retrieved 2021-05-23.
17. "Domino's Pizza Now in Bangladesh". The Daily Star. 2019-03-26. Retrieved 2021-05-23.
18. "Raging coronavirus kills appetite for Golden Harvest's frozen food items". Dhaka Tribune. 2020-11-19. Retrieved 2021-05-23.
19. "It's Golden Harvest and Square Pharma's turn to face BSEC's music". Dhaka Tribune. 2020-11-29. Retrieved 2021-05-23.
20. "Golden Harvest Agro Industries Ltd. – Golden Harvest". www.goldenharvestbd.com. Retrieved 2021-05-23.
21. "Golden Harvest Ice Cream Ltd. – Golden Harvest". www.goldenharvestbd.com. Retrieved 2021-05-23.
22. "Golden Harvest Express – Golden Harvest". www.goldenharvestbd.com. Retrieved 2021-05-23.
23. "Golden Harvest Dairy Ltd. – Golden Harvest". www.goldenharvestbd.com. Retrieved 2021-05-23.
24. "Fatehpur Estate Ltd. – Golden Harvest". www.goldenharvestbd.com. Retrieved 2021-05-23.
25. "Golden Harvest". www.goldenharvestbd.com. Retrieved 2021-05-23.
26. "Nippon Express Bangladesh Ltd. – Golden Harvest". www.goldenharvestbd.com. Retrieved 2021-05-23.
27. "Jubilant Golden Harvest Limited – Golden Harvest". www.goldenharvestbd.com. Retrieved 2021-05-23.
28. "Cold Chain Bangladesh Limited (CCBL) – Golden Harvest". www.goldenharvestbd.com. Retrieved 2021-05-23.
29. "Golden Harvest stocks jump on news of JV with IFC". The Daily Star. 2019-09-27. Retrieved 2021-05-23.
30. "Samdani Art Foundation – Golden Harvest". www.goldenharvestbd.com. Retrieved 2021-05-23.
31. "Massive art centre being built in Sylhet". Dhaka Tribune. 2017-05-18. Retrieved 2021-05-23.
32. "Bangladesh Human Rights Foundation (BHRF) – Golden Harvest". www.goldenharvestbd.com. Retrieved 2021-05-23.
33. "Golden Harvest – JITA – Golden Harvest". www.goldenharvestbd.com. Retrieved 2021-05-23.