[5][3] It was then known as Lakson Tobacco Company as 51 percent of the shareholding was held by Lakhani family.
[5] Premier Tobacco was founded in 1952 by SA Samad as a joint venture with Philip Morris and Rothmans International.
[6][7] In 2015, Philip Morris shut down its plant in Mandra, Rawalpindi District due to rising costs and smuggling of tobacco in Pakistan.
[9] In 2019, Philip Morris closed Kotri plant in order to restructure their finances.
[10] By 1996, Philip Morris had an installed capacity to produce 18.76 billion cigrattes in three factories located in Dadu, Karachi, and Sahiwal.