Institute of Business

Administration
Assignment on

Topic: Profile, story & achievements of an iconic Entrepreneur.

Submitted by: Submitted to:

Group : 13 Prof. Dr. Md. Shariful Islam

Members :
Sharmin Akter Shetu
ID: 1613285111
Kaniz Fatema
ID: 1613285109
Joynob Aktar
ID: 1613285103

Date of Submission: 21st July, 2019

University of Rajshahi
 Abdul Kadir Molla
Founder Chairman & Managing Director
THERMAX Group Ltd.

Name: Abdul Kadir Molla.

Father's Name: Late Abdul Mazid Molla.
Mother's Name: Late Mrs. Nurjahan Begum.
Present Address: Paranta Bela, 150/4, Bilashdi, DC Road, P.O: Narsingdi Govt College, P.S:
Narshingdi Sadar, Dist: Narsingdi
Permanent Address: Village: Panchkandi, P.O: Chulabazar, P.S: Monohardi, District: Narsingdi
Place of birth: Panchkandi, Monohordi, Narsingdi
Date of birth: 08 August 1961
Nationality: Bangladeshi.
Educational Qualification: Master of Business Administrator.
Technical/Other Qualification: Diploma in Marin Engineering.
Professional Qualification: Dynamic leadership in Industrial Management and Sufficient
Practical Experience in early implementation of export-oriented Textile industry.
 Business Areas

THERMAX Group Ltd.

Concerns :
➢ Thermax Textile Mills Ltd.
➢ Thermax Spinning Ltd.
➢ Thermax Melange Spinning Mills Ltd.
➢ Thermax Knit Yarn Ltd.
➢ Thermax Yarn Dyeing Ltd.
➢ Thermax Yarn Dyeing Fabrics Ltd.
➢ Thermax Woven Dying Ltd.
➢ Thermax Check Fabrics Ltd.
➢ Sister Denim Composite Ltd.
➢ Indigo Spinning Ltd.
➢ Adury Apparels Ltd.
➢ Adury Knit Composite Ltd.
➢ Adury Fashion & Print Ltd.
➢ Thermax Color Cotton Ltd.
 Social contribution

Foundation
Abdul Kadir Molla has established Mazid Molla Foundation after the name of his father late
Abdul Mazid Molla to organize his charity works.
This Foundation finances directly:
PanchKandi Degree College at Monohordi
Abdul Kadir Molla City College at Velanagar, Narshingdi
NKM High School and Homes, Narshingdi
Abdul Kadir Molla International School, Baghdi, Narshingdi.
The foundation also finances to build mosques, students’ residences, school buildings, college
buildings, academic and administrative buildings of universities, madrasas complex etc.

Education
He helps different schools, colleges, madrasas, universities and institutes to make their own
campuses, laboratories, dormitories, students’ halls, academic buildings in Narshingdi and
around the country.
❖ He has built an academic building at Jahangir Nagar University.
❖ He is committed to make accommodation for 1000 students of Jagannath
University.
❖ He also donates money for educational institutions to open FDR at banks to meet
running expenses from the profits.
❖ More than 300 schools at Narshingdi has already come under that benefits.

Religious Affairs
He has also financed so far to build more than 100 modern Mosques at Narshingdi & around the
country. He has built several Madrasa Complexes and Orphanages at Narshingdi.
Charity
Abdul Kadir Molla helps the needy and homeless people, especially the widows with children to
build houses. He also donates money to widows with children as capital to start small business.
He donates sewing machines and cows to widows to have earning to meet the family expenses.

Achievements :

i) Recipient of NBR Award Highest Tax-Payers in the country 2015-2016.

ii) Recipient of NBR Award Highest Tax-Payers in the country 2012-2013.
iii) Recognized by the National Board of Revenue (NBR) as one of the highest Tax Payers of the
Dhaka City Corporation in 2014-2015.
iv) Recognized by the National Board of Revenue (NBR) as one of the highest Tax Payers of the
Dhaka City Corporation in 2013-2014.
v) Recipient of Award of TAX LORD Family in 2015-2016.
vi) Recipient of CIP (Export) 2014 status by the Government of the Peoples Republic of
Bangladesh.
vii) Recipient of CIP (Export) 2013 status by the Government of the Peoples Republic of
Bangladesh.
viii) Recipient of CIP (Export) 2012 status by the Government of the Peoples Republic of
Bangladesh.

Photos
 Interview Part

In 1974 when he was in class eight, his father died. His father was a day laborer who worked on
another people’s land. Among three brothers and one sister he was elder one. He lost his father
Abdul Mazid Molla untreated. Due to extreme poverty, his father did not get any medical
attention and died at an early age. The family shattered under pressure of extreme poverty after
his father’s death. The headmaster of the school once called Kadir Molla back to school and
provided a lodging in a family on condition that he would teach the younger children of the
family. He arranged some private tuitions for Abdul Kadir Molla to meet expense of educational
materials and other living expenses. The owner of his lodging had a small business of cloths.
Kadir molla helped him in his business. As he was unable to collect the money for the form fill
up for the Dakhil test, he couldn’t attend the final exam. So, he decided to leave the school and
go to Dhaka and run the rikshaw. Then he got on the bus to Dhaka but because of no money he
was dropped from the bus. There he met some workers then he joined them in the work. This
was the first earning of his life. Again, he left for Dhaka with this money. But accidently he got
on another train and he came down to madangonj. He spent the night at the station. The next
morning, he went to a shop and took a newspaper and find an advertisement of marine
technology. There he saw that the admitted student will get 10 tk per month. It was a three years
technical course. He was admitted there. After the completion of two years there, he was called
for a ship yard job in Singapore.

He returned to the country after working for 5 years. After returning home, he took a job in Titas
Gas Company. There he worked for 8 to 9 years as well as doing a small business. During his 9
years of his career, he was transferred 11 times, because he was not associated with any politics.
Finally, he left the job and concentrated on business.

At the beginning of the business some people give him motivation. From APEX Group they
were Dr. Zahur, Harun and Ikbal Hassan Tuku. They advised him to start a textile business. They
assured to help him to market his product. In 1996 he first applied for bank loan to Agrani Bank
but failed. Finally, he got loan from Sonali bank. Since he was a new entrepreneur and he had
technical knowledge so Sonali Bank’s director Ibrahim Khalid gave him loan. He started his first
textile business with this loan. Mr Zahur of APEX Group managed him buyer.
According to him the buyer preferred three things –
1. Quality full product
2. On time shipment
3. Commitment.

His advice for the new entrepreneurs :

According to him if any person has these qualities he can start a business with a little money.
The qualities are :
❖ Honesty
❖ Hard work
❖ Patience
❖ Courage
❖ Targeted goal
❖ Tenacity
He added that the new entrepreneur should start the business by analyzing the upcoming business
and the environmental trends of the next ten years.