This is an automatically generated PDF version of the online resource pakistan.mom-rsf.org/en/ retrieved on 2020/10/31 at 16:51
Reporters Without Borders (RSF) & Freedom Network - all rights reserved, published under Creative Commons Attribution-NoDerivatives 4.0 International License.
Freedom Network LOGO
Reporters without borders

The Lakhani Family

The Lakhani Family

The patriarch of Lakhani Family, Hassanali Karabhai, migrated to Karachi from Gondia, a town in what is now India’s Maharashtra state, in the wake of the Indian subcontinent’s partition in 1947. He set up a business in his adopted city in 1954 and developed a diverse portfolio – including both manufacturing and trade – over the next two decades. By the 1980s, his Lakson Group had become one of the largest business houses in Pakistan.

Today, Lakson Group is owned and run by Hassanali Karabhai’s four sons – Sultan Ali Lakhani, Amin Muhammad Lakhani, Zulfiqar Ali Lakhani and Iqbal Lakhani – and his many grandchildren. It consists of a highly diverse group of companies. Its businesses include agriculture-based industry, call centers, non-durables consumer goods, fast food, financial services, media, paper and board, printing and packaging, information technology, power generation, drug manufacturing and travel. The group also wholly owns Express Media Group that, in turn, owns and runs Express News television, Urdu language daily Express, English language daily Express Tribune and three major news websites – www.express.com.pk, www.express.pk and www.tribune.com.pk – beside some other media outlets.

Lakson Group’s assets exceed one billion US dollars and, according to its own website, it has international presence in the United Arab Emirates and the United States via its subsidiaries. It also once owned a major tobacco and cigarette manufacturing business that it solad to Philip Morris International in 2007 for 340 million US dollars.

The members of Lakhani Family have overlapping ownerships in various businesses of Lakson Group but have divided their management rather neatly. So, while Sultan Ali Lakhani and his son Bilal Ali Lakhani run Express Media Group almost exclusively, other parts of the group are run by other members of their family.

Lakhani Family is also closely linked to other parts of Pakistan’s business elite. For instances, Danish Ali Lakhani, who is a nephew of Sultan Ali Lakhani, is married to Nazafreen Saigol who is the deputy chief executive of Dawn Media Group and whose father Azam Saigol was a part of Saigol Group, an old and large business house which has its headquarters in Lahore and has a highly diverse and successful business portfolio.

Media Companies / Groups
Media Outlets
Facts

Business

Information technology and communication

Cybernet

Financial services

Century Insurance Company Limited

Investment management

Siza Private Limited

Construction

Siza Services Private Limited

Paper and Packaging

Century Paper and Board Mills

Fast moving consumer goods

Colgate-Palmolive Company Pakistan

Food and agriculture

Ajinomoto Lakson Pakistan Private Limited

Healthcare

Siza International Private Limited

Travel

Princeton Travels Private Limited

Power Generation

Lakson Wind Power Generation Private Limited

Publishing

Century Publications Private Limited

Publishing and printing

Matrix Press Private Limited

Publishing and broadcasting

Express publications Private Limited

Television broadcasting

Television Media Network Private Limited

Family & Friends

Affiliated Interests Family Members Friends

Danish Ali Lakhani

a nephew of Sultan Ali Lakhani and runs Cybernet, a part of Lakson Group of Companies, that provides Internet, cable television and phone services under the brand name Stormfiber.

Further Information

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

2 ♥

Meta Data

The group was sent information request, via the media outlets it owns, on 15 January 2019 through a courier company as well as by email. It did not respond even after a reminder was couriered on 1st February 2019 and emailed on 4 February 2019. No verifiable information is available online about the family’s financial status and the ownership structure of its companies.

  • Project by
    Logo Freedom Network
  •  
    Reporters without borders
  • Funded by
    BMZ