A K Khan & Company

A K Khan & Co. Ltd. is a Bangladeshi conglomerate 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

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]

External links