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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 (Urdu: لیکسن گروپ) is a group of companies headquartered in Karachi, Sindh.[1][2][3] The assets of Lakson Group exceed USD 1 Billion with 15+ companies in Pakistan, via its subsidiaries it provides direct employment to around 17,000+ persons.[4]

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[5]
  • Century Paper and Board Mills Limited, producer of packaging boards[6]
  • 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[7][8]

Unlisted

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  • Century Publications, incorporated in 1998, publishes Urdu and Sindhi daily newspapers Express and Daily Sindh Express
  • Cybernet, internet, and data communication network service provider[9]
    • StormFiber, Internet, and television service provider[10][11]
  • Sybrid, business process outsourcing[12]
    • Ice Animations, VFX, and animation[13][14]
  • NayaPay, digital wallet and payment system.[15][16]
  • Lakson Investments Limited, independent asset manager[17]
  • 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.[18]

Former subsidiaries

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See also

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References

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