Sustainability is built into the Lakson group's business processes through a well-defined vision, a value system committed to social expenditure and environmental preservation, and a governance structure that engages employees and other stakeholders.
The Lakson group believes in contributing well to the community by serving numerous philanthropic causes. The multitude of social development and environmental initiatives Lakson has nurtured from its earliest days flows from a wellspring of voluntary, as opposed to obligatory, commitment. Lakson group’s Hasan Ali Karabhai Foundation is working to serve less privileged and help others in such initiatives around Pakistan. The Foundation was established to undertake various financial aid programs and charitable contributions.
The Foundation owns and operates a multi-storied office building in the center of Karachi and the entire rental income from this property is being utilized for philanthropic purposes which have served more than 300,000 beneficiaries.
The Sponsors of Lakson have been managing 4 publicly listed companies and several private companies (some of which are Joint Ventures with Fortune 500 companies) for over 50 years.
Lakson’s four publicly quoted companies have an aggregate market cap exceeding USD 1 billion.
Lakson has a 100% ownership of Pakistan’s second largest media company that publishes the Daily Express, Express Tribune (in partnership with the International New York Times) and the Express News broadcast channels.
In our successful exit from the tobacco industry, by selling Lakson Tobacco to Philip Morris International, the Sponsors earned the same price per share for their 50.1% controlling stake as minority shareholders earned.
Lakson is one of the most widely respected and diversified business groups operating in the country today.
We have long-standing affiliations with several Global Fortune 500 companies.
The Sponsors of Lakson have a proven history of paying dividends and royalties through the companies they manage.
Lakson does not directly or indirectly own or operate a brokerage firm or bank which we see as a conflict to investor’s interest.