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Lakson Group

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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.com.pk

The Lakson Group (Template:Lang-ur) is a group of companies headquartered in Karachi, Sindh.[1][2][3]

History

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

Subsidaries

Listed

  • 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

  • Express News, Urdu-language TV news channel
  • Express 24/7, English- 24-hours TV news channel (now closed down)
  • Express Entertainment, Urdu-language Entertainment channel
  • The Daily Express, Urdu daily in Pakistan
  • The Express Tribune, English-language newspaper
  • Century Publications, incorporated in 1998, publishes Urdu and Sindhi daily newspapers Express and Daily Sindh Express
  • Cybernet, internet, and data communication network service provider
    • StormFiber, Internet, and television service provider
  • Sybrid Private Limited, business process outsourcing
  • Lakson Business Solutions Limited, IT provider
  • Ice Animations, VFX, and animation
  • NayaPay, digital wallet and payment system.[8][9]
  • Lakson Investments Limited, independent asset manager
  • McDonald's Pakistan[1]
  • Ajinomoto Lakson Pakistan, produces seasonings, cooking oils, TV dinners, sweeteners, amino acids, and pharmaceuticals
  • Princeton Travels (Private) Limited, an IATA accredited travel agency and an active member of International travel forums like ASTA, PATA, UFTAA & TAAP
  • Fly Jinnah, a joint venture between Lakson Group and Air Arabia. It adopts the low cost model similar to that of Air Arabia.[10]

Former subsidaries

See also

References

  1. ^ a b c d Company Overview of The Lakson Group on bloomberg.com website Retrieved 31 January 2019
  2. ^ "Greater than Rs1 billion: The best performing mutual funds". The Express Tribune. 9 April 2016. Retrieved 31 January 2019.
  3. ^ "Company Structure: Lakson Group". lakson.com.pk. Retrieved 31 January 2019.
  4. ^ https://www.brecorder.com/news/3279360
  5. ^ https://www.brecorder.com/news/40303531
  6. ^ https://profit.pakistantoday.com.pk/2021/05/02/an-activist-investor-takes-merit-packaging-out-for-a-spin/
  7. ^ https://profit.pakistantoday.com.pk/2024/01/14/merit-packaging-is-selling-off-its-land-and-building-why/
  8. ^ "State Bank of Pakistan grants EMI License to NayaPay". www.nayapay.com. Retrieved 12 September 2021.
  9. ^ "State Bank of Pakistan grants EMI License to NayaPay". DAWN. Retrieved 12 September 2021.
  10. ^ "'Fly Jinnah': Pakistan's Lakson Group, Air Arabia to start new low-cost airline". DAWN.COM. 3 September 2021. Retrieved 13 September 2021.
  11. ^ https://profit.pakistantoday.com.pk/2020/11/14/after-a-lucky-streak-clover-stumbles-in-2020/
  12. ^ https://www.brecorder.com/news/40249009
  13. ^ https://www.dawn.com/news/131674/tetley-tea-to-hit-market-in-first-quarter-of-04
  14. ^ https://www.dawn.com/news/101754/tata-to-start-operations-in-pakistan-from-oct-joint-venture-in-tea-making
  15. ^ https://web.archive.org/web/20070526112108/http://www.tetleyclover.com/flash.html
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