The inauguration ceremony of Muhammad Siddique Magoon Memorial Information Processing Center was held at the UMT campus on November 05, 2009. The guests of honor included Tanweer Ahmed Magoon, Muhammad Naeem Ahmed Magoon and Muhammad Musaddiq Magoon, Directors of Siddique Leather Works (Pvt) Ltd. Relations between the Magoon Family and the ILM community span nearly two decades. The Late Muhammad Siddique Magoon was a huge benefactor of ILM and the Information Processing Center of the University has been named after him in recognition of this generous patronage. Part of the Shafi Group, Siddique Leather Works is one of the leading manufacturers of leather products and winners of export trophy in Pakistan.

The ceremony was attended by Dr Sarwar Azhar, Dean SBE, Dr Muhammad Hussain Bhatti, Dean SST, Dr Abdul Hameed, Associate Dean SSSH, Mr Sulman Saeed, Registrar UMT, Prof Muhammad Aslam, CEO The Knowledge School, Zahid Waraich, Director ILM College and a large number of UMT faculty and staff members. A G Ghaffari, Director Events, Forums and Publishing and Head, Office of Communications and Media (OCM) anchored the proceedings.

Addressing on the occasion, Dr Hasan Sohaib Murad acknowledged the contributions of the Magoon family towards building the UMT campus. Recalling the days when construction of the UMT campus was delayed due to scarcity of funds, Dr Hasan said that the ILM team was pushed into construction by the generous contribution of the Magoon family. He said that it was fortunate that members of the Magoon family were enlightened enough to patronize educational institutions. He added that dominance of Western civilization was largely due to patronage of universities by the well-to-do.

Abid H K Shirwani, Director External Affairs UMT, threw light on the long association of the Magoon family with ILM and said that Tanveer Magoon had met the MBA class of ILM back in 1993 and urged them to work with their own hands. He said that the ILM team was indebted to the Magoon Family for providing the seed money amounting to Rs 2 crore for construction of the campus. He said that the Magoon family was instrumental in organizing the Pakistan Business Conference in 1995 that was attended by 400 traders and businessmen from 23 Islamic countries and led to the setting up of the International Business Forum (IBF).

Representing the family, Tanveer Magoon expressed his wishes for the progress of UMT. He said that the real resources in the world were human resources and appreciated the efforts of the faculty members for imparting education to the next generation of leaders and decision makers. Naeem Ahmed Magoon spoke briefly about the family tradition of donating to educational institutions. Muhammad Musaddiq Magoon informed everyone that the Sales Division of Siddique Leather Works employed UMT graduates who had joined the group over ten years ago and were still working with them. The inauguration ceremony concluded by a collective prayer, led by Tanveer Magoon.