A K Khan & Company

A K Khan & Co. Ltd. is one of the oldest Bangladeshi conglomerates headquartered in Chittagong. It was established in 1945 by Abul Kashem Khan during the Second World War.[1][2][3][4][5]

A.K. Khan & Company Ltd.
TypeConglomerates
Founded1945 (1945)
FounderAbul Kashem Khan
HeadquartersChittagong, Bangladesh
Key people
ProductsTyre, Agro, Textile, Forestry, ICD/logistics, stock and securities, Telecom & IT, Hotel & hospitality, ICT & logistics,
Number of employees
7000
Websitewww.akkhan.com

History

A K Khan & Company established in 1945 by Abul Kashem Khan in Chittagong, which became the main port of East Pakistan after the Partition of India.[6] Khan was the Minister of Industries in the government of Pakistan from 1958 to 1962.[7] In the 1950s, Khan expanded into jute, insurance, textile, tannery, heavy industries, shipping, irrigation, and plywood.[6]

After the death of Khan in 1991, A. M. Zahiruddin Khan took over the management of A K Khan & Company.[8] In 1997, A K Khan and company launched AKTEL, a joint venture telecommunication service with Telekom Malaysia.[9]

Zahiruddin died in 2005 and was succeeded by A. K. Shamsuddin Khan.[10]

In June 2008, A K Khan & Company sold its 30 percent stake in AKTEL to NTT Docomo of Japan for 350 million USD.[11][12] The company announced the start of construction of a hotel in Chittagong in November 2009.[13]

In November 2014, A K Khan and Company received permission to build a economic zone in Narsingdi District.[14]

A. K. Shamsuddin Khan retired as chairman of A K Khan & Company retired in 2015 and was replaced by Zebun Nahar Islam.[15]

A K Khan & Company announced it will establish a tire plant under joint collaboration with Indian company CEAT in January 2016.[16] The company is also building a private sector Special Economic Zone in Narsingdi.[17]

In October 2020, KAM Majedur was appointed Chief executive officer of A K Khan & Company.[18]

A. M. Ziauddin Khan succeeded Zebun Nahar Islam as chairman of the group in 2023.[15][19] A K Khan Economic Zone in 2023 was awaiting a gas connection from Titas Gas to begin operation.[20]

Board of directors
Name Position Reference
A. M. Ziauddin Khan Chairman [21]
Abul Kasem Khan Vice-Chairman [21]
K A M Majedur Rahman Chief executive officer [21]
A. K. Shamsuddin Khan Director [21]
Yasmine Khan Kabir Director [21]
Sadruddin Khan Director [21]
Mikhail Idris Islam Director [21]
Mujtaba Ali Khan Director [21]

Subsidiaries
  • A K Khan WaterHealth (Bangladesh) Limited[22]
  • CEAT A K Khan Limited[23]
  • AK Khan Penfabric Company Limited[24]
  • M.Y. & Union (BD) Limited[25]
  • Coats Bangladesh Limited[26] (joint venture with Coats Group)[27]
  • Bengal Fisheries Limited[28]
  • Akceycom Limited[29]
  • Andhar Manik Tea State[30]
  • A. K. Khan Jute Mill[31]
  • Chittagong Textile Mills Limited[32]
  • A.K. Khan Match Factory[33]
  • A.K. Khan Rubber Plantation[34]
  • A. K. Khan Plywood Factory[35]
  • A. K. Khan & Company Limited Clearance and Forwarding Division[36]
  • A. K. Khan Cold Storage Limited[37]
  • A. K. Khan Securities Limited[38]
  • A. K. Khan Telecom Limited[39][40]
  • Infocom Limited[41]
  • A K Khan Economic Zone[42]
  • A.K. Khan Container Terminal[43]
  • AKK Logistics & Distribution Limited[44]
  • Niketan Hotel and Resort, Chittagong[45]
  • AKK Real Estate Limited[46]
  • A.K. Khan Tower[47]

References
  1. "A.K. Khan & Company Ltd. – AK Khan Company Limited".
  2. Ahmed, Mushir (15 February 2009). "AK Khan group to invest big fund in infrastructure, tourism, textiles". Archived from the original on 21 June 2012.
  3. "The Daily Star honours 19 living legends". The Daily Star. Archived from the original on 2014-04-13. Retrieved 2020-02-18.
  4. "The importance of research and business plans". Aquila Style. Archived from the original on 30 January 2016. Retrieved 14 January 2016.
  5. "Growth hinges on Ctg". The Daily Star. Retrieved 14 January 2016.
  6. "AK Khan Company Limited | Contributing to nation's growth since 1945". akkhan.com. Retrieved 2023-04-30.
  7. "Abul Kasem Khan - an icon of entrepreneurship". www.dhakatribune.com. 2022-03-29. Retrieved 2023-04-30.
  8. "A. M. Zahiruddin Khan, (1936-2005) | AK Khan Company Limited". akkhan.com. Retrieved 2023-04-30.
  9. "AKTEL rebrands itself as focus shifts to rural market". The Daily Star. 2010-03-29. Retrieved 2023-04-30.
  10. "Mr. A. K. Shamsuddin Khan, Director | AK Khan Company Limited". akkhan.com. Retrieved 2023-04-30.
  11. Hasan, Md (2008-06-17). "NTT DoCoMo to buy 30pc stake in AKTEL for $350m". The Daily Star. Retrieved 2023-04-30.
  12. Hasan, Md (2008-05-15). "Japan's NTT DoCoMo bids for AKTEL stake". The Daily Star. Retrieved 2023-04-30.
  13. Staff Correspondent; Ctg (2009-11-10). "Five-star hotel in the making in Ctg". The Daily Star. Retrieved 2023-04-30.
  14. Ahmed, Gazi Towhid (2014-11-27). "AK Khan Co to develop special economic zone". The Daily Star. Retrieved 2023-04-30.
  15. "Mrs. Zebun Nahar Islam – Former Chairman | AK Khan Company Limited". akkhan.com. Retrieved 2023-04-30.
  16. Parvez, Sohel. "Auto, tyre makers to get tax privileges". The Daily Star. Retrieved 14 January 2016.
  17. Towhid Ahmed, Gazi. "AK Khan Co to develop special economic zone". The Daily Star. Retrieved 14 January 2016.
  18. "KAM Majedur joins AK Khan and Company as CEO". The Daily Star. 2020-10-09. Retrieved 2023-04-30.
  19. "A. M. Ziauddin Khan – Chairman | AK Khan Company Limited". akkhan.com. Retrieved 2023-04-30.
  20. Chakma, Jagaran (2023-01-25). "Private economic zones gasping for gas". The Daily Star. Retrieved 2023-04-30.
  21. "Board of Directors | AK Khan Company Limited". akkhan.com. Retrieved 2023-04-30.
  22. "A K Khan WaterHealth (Bangladesh) Ltd. | AK Khan Company Limited". akkhan.com. Retrieved 2023-04-30.
  23. ":: WELCOME TO CEAT ::". www.ceatbd.com. Retrieved 2023-04-30.
  24. "A.K. Khan Penfabric Company Ltd. | AK Khan Company Limited". akkhan.com. Retrieved 2023-04-30.
  25. "M.Y. & Union (BD) Limited | AK Khan Company Limited". akkhan.com. Retrieved 2023-04-30.
  26. "Coats Bangladesh Ltd. | AK Khan Company Limited". akkhan.com. Retrieved 2023-04-30.
  27. "Mohammad Al Kashem appointed Managing Director of Coats Bangladesh". The Business Standard. 2022-04-23. Retrieved 2023-04-30.
  28. "Bengal Fisheries Ltd. | AK Khan Company Limited". akkhan.com. Retrieved 2023-04-30.
  29. "AKCeycom Limited | AK Khan Company Limited". akkhan.com. Retrieved 2023-04-30.
  30. "Andhar Manik Tea State | AK Khan Company Limited". akkhan.com. Retrieved 2023-04-30.
  31. "A. K. Khan Jute Mill (AKKJM) | AK Khan Company Limited". akkhan.com. Retrieved 2023-04-30.
  32. "Chittagong Textile Mills Ltd.(CTM) | AK Khan Company Limited". akkhan.com. Retrieved 2023-04-30.
  33. "A.K. Khan Match Factory | AK Khan Company Limited". akkhan.com. Retrieved 2023-04-30.
  34. "A.K. Khan Rubber Plantation | AK Khan Company Limited". akkhan.com. Retrieved 2023-04-30.
  35. "A. K. Khan Plywood Factory | AK Khan Company Limited". akkhan.com. Retrieved 2023-04-30.
  36. "A. K. Khan & Company Ltd. C&F Division | AK Khan Company Limited". akkhan.com. Retrieved 2023-04-30.
  37. "A. K. Khan Cold Storage Ltd. | AK Khan Company Limited". akkhan.com. Retrieved 2023-04-30.
  38. "A. K. Khan Securities Ltd. | AK Khan Company Limited". akkhan.com. Retrieved 2023-04-30.
  39. "A. K. Khan Telecom Limited | AK Khan Company Limited". akkhan.com. Retrieved 2023-04-30.
  40. "Insurance cos in Bangladesh need to be innovative: businesses". New Age | The Most Popular Outspoken English Daily in Bangladesh. Retrieved 2023-04-30.
  41. "Infocom Ltd. | AK Khan Company Limited". akkhan.com. Retrieved 2023-04-30.
  42. "A K Khan Economic Zone (AKKEZ) | AK Khan Company Limited". akkhan.com. Retrieved 2023-04-30.
  43. "A.K. Khan Container Terminal (AKKCT) | AK Khan Company Limited". akkhan.com. Retrieved 2023-04-30.
  44. "AKK Logistics & Distribution Ltd. (AKK-LDL) (Proposed) | AK Khan Company Limited". akkhan.com. Retrieved 2023-04-30.
  45. "Niketan Hotel & Resort | AK Khan Company Limited". akkhan.com. Retrieved 2023-04-30.
  46. "AKK Real Estate Ltd. | AK Khan Company Limited". akkhan.com. Retrieved 2023-04-30.
  47. "A.K. Khan Tower | AK Khan Company Limited". akkhan.com. Retrieved 2023-04-30.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.