Wikipedia

Lakson Group

TheLakson Group(Urdu:لیکسن گروپ) is agroup of companiesheadquartered inKarachi,Sindh.[1][2][3]

Lakson Group
Company typeCorporate group
Founded1954;70 years ago(1954)
FounderSultan Ali Lakhani
Iqbal Ali Lakhani
HeadquartersKarachi,Sindh,Pakistan
Area served
Pakistan
Key people
Iqbal Ali Lakhani (chairman)
Websitelakson.pk

History

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It was founded in 1954 and is owned by the Lakhani family.[1]

Subsidiaries

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Listed

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  • Century Insurance Company Limited, general insurance business[4]
  • Century Paper and Board Mills Limited, producer of packaging boards[5]
  • Colgate-Palmolive Pakistan,manufacture and sale of detergents, personal care, and other related products in Pakistan[1]
  • Merit Packaging Limited, active in printing and packaging[6][7]

Unlisted

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  • Century Publications, incorporated in 1998, publishes Urdu and Sindhi daily newspapersExpressandDaily Sindh Express
  • Cybernet,internet, and data communication network service provider[8]
    • StormFiber, Internet, and television service provider[9][10]
  • Sybrid,business process outsourcing[11]
    • Ice Animations, VFX, and animation[12][13]
  • NayaPay, digital wallet and payment system.[14][15]
  • Lakson Investments Limited, independent asset manager
  • McDonald's Pakistan[1]
  • AjinomotoLakson Pakistan, produces seasonings, cooking oils, TV dinners, sweeteners, amino acids, and pharmaceuticals
  • Princeton Travels (Private) Limited, anIATAaccredited travel agency and an active member of International travel forums like ASTA, PATA, UFTAA & TAAP
  • Fly Jinnah,a joint venture between Lakson Group andAir Arabia.It adopts thelow costmodel similar to that of Air Arabia.[16]

Former subsidiaries

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See also

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References

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  1. ^abcdCompany Overview of The Lakson Group on bloomberg websiteRetrieved 31 January 2019
  2. ^"Greater than Rs1 billion: The best performing mutual funds".The Express Tribune. 9 April 2016.Retrieved31 January2019.
  3. ^"Company Structure: Lakson Group".lakson.pk.Retrieved31 January2019.
  4. ^"Century Insurance Company - promises peace of mind".Brecorder.18 May 2006.
  5. ^Research, B. R. (15 May 2024)."Century Paper & Board Mills Limited".Brecorder.
  6. ^Shahid, Ariba (2 May 2021)."An activist investor takes Merit Packaging out for a spin".Profit by Pakistan Today.
  7. ^Javed, Haris (14 January 2024)."Merit Packaging is selling off its land and building. Why?".Profit by Pakistan Today.
  8. ^"Pakistan's internet capacity to be increased by 96 Tb/s with new submarine cable system".DAWN.COM.17 April 2019.
  9. ^"StormFiber expands to Multan even as taxes bite".The Express Tribune.11 July 2018.
  10. ^"Quetta added to high-speed internet network".The Express Tribune.23 October 2018.
  11. ^Yousafzai, Wisal (22 March 2021)."Facilitation hub to give fillip to tourism".The Express Tribune.
  12. ^Jawaid, Mohammad Kamran (3 November 2019)."SPOTLIGHT: REANIMATING ANIMATION IN PAKISTAN".DAWN.COM.
  13. ^"PAKISTAN'S Gaming and Animation Industry | Focus - MAG THE WEEKLY".magtheweekly.
  14. ^"State Bank of Pakistan grants EMI License to NayaPay".nayapay.Retrieved12 September2021.
  15. ^"State Bank of Pakistan grants EMI License to NayaPay".DAWN.2 September 2021.Retrieved12 September2021.
  16. ^"'Fly Jinnah': Pakistan's Lakson Group, Air Arabia to start new low-cost airline ".DAWN.COM.3 September 2021.Retrieved13 September2021.
  17. ^Report, Profit (14 November 2020)."After a lucky streak, Clover stumbles in 2020".Profit by Pakistan Today.
  18. ^Research, B. R. (21 June 2023)."Clover Pakistan Limited".Brecorder.
  19. ^Khan, Aamir Shafaat (31 December 2003)."Tetley tea to hit market in first quarter of '04".DAWN.COM.
  20. ^Khan, Aamir Shafaat (14 May 2003)."Tata to start operations in Pakistan from Oct: Joint venture in tea making".DAWN.COM.
  21. ^"Welcome to Tetley".26 May 2007. Archived fromthe originalon 26 May 2007.
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