Bangladeshi conglomerates
A.K. Khan & Company Ltd.
Company type
Conglomerates Founded 1945; 79 years ago (1945 ) Founder
Abul Kashem Khan Headquarters
Chittagong , Bangladesh Key people
Products Tyre, Agro, Textile, Forestry, ICD/logistics, stock and securities, Telecom & IT, Hotel & hospitality, ICT & logistics,
Total assets 5.3 billion USD Number of employees
7000 Website
www .akkhan .com
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]
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
^
"A.K. Khan & Company Ltd. – AK Khan Company Limited" .
^ Ahmed, Mushir (15 February 2009).
"AK Khan group to invest big fund in infrastructure, tourism, textiles" . Archived from
the original on 21 June 2012.
^
"The Daily Star honours 19 living legends" . The Daily Star . Archived from
the original on 2014-04-13. Retrieved 2020-02-18 .
^
"The importance of research and business plans" . Aquila Style . Archived from
the original on 30 January 2016. Retrieved 14 January 2016 .
^
"Growth hinges on Ctg" . The Daily Star . Retrieved 14 January 2016 .
^
a
b
"AK Khan Company Limited | Contributing to nation's growth since 1945" . akkhan.com . Retrieved 2023-04-30 .
^
"Abul Kasem Khan - an icon of entrepreneurship" . www.dhakatribune.com . 2022-03-29. Retrieved 2023-04-30 .
^
"A. M. Zahiruddin Khan, (1936-2005) | AK Khan Company Limited" . akkhan.com . Retrieved 2023-04-30 .
^
"AKTEL rebrands itself as focus shifts to rural market" . The Daily Star . 2010-03-29. Retrieved 2023-04-30 .
^
"Mr. A. K. Shamsuddin Khan, Director | AK Khan Company Limited" . akkhan.com . Retrieved 2023-04-30 .
^ Hasan, Md (2008-06-17).
"NTT DoCoMo to buy 30pc stake in AKTEL for $350m" . The Daily Star . Retrieved 2023-04-30 .
^ Hasan, Md (2008-05-15).
"Japan's NTT DoCoMo bids for AKTEL stake" . The Daily Star . Retrieved 2023-04-30 .
^ Staff Correspondent; Ctg (2009-11-10).
"Five-star hotel in the making in Ctg" . The Daily Star . Retrieved 2023-04-30 .
^ Ahmed, Gazi Towhid (2014-11-27).
"AK Khan Co to develop special economic zone" . The Daily Star . Retrieved 2023-04-30 .
^
a
b
"Mrs. Zebun Nahar Islam – Former Chairman | AK Khan Company Limited" . akkhan.com . Retrieved 2023-04-30 .
^ Parvez, Sohel.
"Auto, tyre makers to get tax privileges" . The Daily Star . Retrieved 14 January 2016 .
^ Towhid Ahmed, Gazi.
"AK Khan Co to develop special economic zone" . The Daily Star . Retrieved 14 January 2016 .
^
"KAM Majedur joins AK Khan and Company as CEO" . The Daily Star . 2020-10-09. Retrieved 2023-04-30 .
^
"A. M. Ziauddin Khan – Chairman | AK Khan Company Limited" . akkhan.com . Retrieved 2023-04-30 .
^ Chakma, Jagaran (2023-01-25).
"Private economic zones gasping for gas" . The Daily Star . Retrieved 2023-04-30 .
^
a
b
c
d
e
f
g
h
"Board of Directors | AK Khan Company Limited" . akkhan.com . Retrieved 2023-04-30 .
^
"A K Khan WaterHealth (Bangladesh) Ltd. | AK Khan Company Limited" . akkhan.com . Retrieved 2023-04-30 .
^
":: WELCOME TO CEAT ::" . www.ceatbd.com . Retrieved 2023-04-30 .
^
"A.K. Khan Penfabric Company Ltd. | AK Khan Company Limited" . akkhan.com . Retrieved 2023-04-30 .
^
"M.Y. & Union (BD) Limited | AK Khan Company Limited" . akkhan.com . Retrieved 2023-04-30 .
^
"Coats Bangladesh Ltd. | AK Khan Company Limited" . akkhan.com . Retrieved 2023-04-30 .
^
"Mohammad Al Kashem appointed Managing Director of Coats Bangladesh" . The Business Standard . 2022-04-23. Retrieved 2023-04-30 .
^
"Bengal Fisheries Ltd. | AK Khan Company Limited" . akkhan.com . Retrieved 2023-04-30 .
^
"AKCeycom Limited | AK Khan Company Limited" . akkhan.com . Retrieved 2023-04-30 .
^
"Andhar Manik Tea State | AK Khan Company Limited" . akkhan.com . Retrieved 2023-04-30 .
^
"A. K. Khan Jute Mill (AKKJM) | AK Khan Company Limited" . akkhan.com . Retrieved 2023-04-30 .
^
"Chittagong Textile Mills Ltd.(CTM) | AK Khan Company Limited" . akkhan.com . Retrieved 2023-04-30 .
^
"A.K. Khan Match Factory | AK Khan Company Limited" . akkhan.com . Retrieved 2023-04-30 .
^
"A.K. Khan Rubber Plantation | AK Khan Company Limited" . akkhan.com . Retrieved 2023-04-30 .
^
"A. K. Khan Plywood Factory | AK Khan Company Limited" . akkhan.com . Retrieved 2023-04-30 .
^
"A. K. Khan & Company Ltd. C&F Division | AK Khan Company Limited" . akkhan.com . Retrieved 2023-04-30 .
^
"A. K. Khan Cold Storage Ltd. | AK Khan Company Limited" . akkhan.com . Retrieved 2023-04-30 .
^
"A. K. Khan Securities Ltd. | AK Khan Company Limited" . akkhan.com . Retrieved 2023-04-30 .
^
"A. K. Khan Telecom Limited | AK Khan Company Limited" . akkhan.com . Retrieved 2023-04-30 .
^
"Insurance cos in Bangladesh need to be innovative: businesses" . New Age | The Most Popular Outspoken English Daily in Bangladesh . Retrieved 2023-04-30 .
^
"Infocom Ltd. | AK Khan Company Limited" . akkhan.com . Retrieved 2023-04-30 .
^
"A K Khan Economic Zone (AKKEZ) | AK Khan Company Limited" . akkhan.com . Retrieved 2023-04-30 .
^
"A.K. Khan Container Terminal (AKKCT) | AK Khan Company Limited" . akkhan.com . Retrieved 2023-04-30 .
^
"AKK Logistics & Distribution Ltd. (AKK-LDL) (Proposed) | AK Khan Company Limited" . akkhan.com . Retrieved 2023-04-30 .
^
"Niketan Hotel & Resort | AK Khan Company Limited" . akkhan.com . Retrieved 2023-04-30 .
^
"AKK Real Estate Ltd. | AK Khan Company Limited" . akkhan.com . Retrieved 2023-04-30 .
^
"A.K. Khan Tower | AK Khan Company Limited" . akkhan.com . Retrieved 2023-04-30 .
External links