The Multimode Group was founded by two time Federation of Bangladesh Chamber of Commerce and Industries President, Mr. Abdul Awal Mintoo on September 21, 1981. He is the current CEO of the diversified business conglomerate. Because of the hard work of countless creative and dedicated staff members, the tireless efforts of a world-class support team, and for the undying customer loyalty, the company has become one of the most prominent and experienced industrial conglomerates in present Bangladesh.
Today, Multimode Group has presence in: Agriculture, Automobiles, Chemicals, Entertainment, FMCG, Hospitality, Information Technology, Investments, Real Estate and is continuing its diversification and consolidation in different industries
Mr. Abdul Awal Mintoo and Mr. Simon Groot of the Netherlands started Lal Teer Seed Ltd. in 1995 to produce a small array of seed varieties. Bangladesh, being geographically located at agriculturally fostered basin, still suffers from a large deficit of vegetable prerequisites. Economic and technological constraints continue to play the major determinants in fostering this ongoing problem.
Lal Teer Seed Ltd was founded with the vision to mitigate this specific point. Keeping the need for research in mind and how it can help Bangladeshis understand more about seed yielding and seed variety, Lal Teer Seed Ltd was started. With extensive research and collaboration with local communities across 64 districts of Bangladesh, Lal Teer Seed has become the largest biotechnology and seed Production Company in the country. Recently, Lal Teer has been expanding its operations to open up new markets internationally in South Asia and beyond. As an extension of its seed distribution efforts, in September, 2008 Lal Teer started a joint venture with United Phosphorus Limited, India, and entered into pesticide distribution.