This is an automatically generated PDF version of the online resource pakistan.mom-gmr.org/en/ retrieved on 2024/04/19 at 01:06
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The Mian Family

The Mian Family comprises a prominent and wealthy business family based in Faisalabad – the third largest city of Pakistan in the Punjab province. The family has multiple business interests including food, steel, energy, education and health, plus a more recent interest in establishing and running a media group called the ’92 Media Group’ which owns the ’92 News’ TV channel and ’92 Roznama’ newspaper. The broader non-media businesses are known as the Madinah Group.

The three Mian brothers include the eldest Mian Muhammad Hanif who is the chairman of 92 News. He is also co-owner of the prominent Madinah Group of industries; Mian Muhammad Rasheed, the CEO of 92 News and co-founder of Madinah Group of industries; and Mian Muhammad

Saleem, also a co-founder of Madinah Group of Companies. The three are also assisted by Mian Usman Saleem, the son of Muhammad Saleem and nephew of Hanif and Rasheed.

Media Companies / Groups
Media Outlets
Facts

Business

Health

Madinah Medical Centre

TV Broadcasting

Glaxy Broadcasting Network Pvt Ltd

Publishing

Glaxy Broadcasting Network Pvt Ltd

Steel

Madina Enterprises Ltd

Food

Madina Sugar Mills Pvt Ltd

Energy

Faisalabad Oil Refinery Pvt Ltd

Education

University of Faisalabad

Family & Friends

Affiliated Interests Family Members Friends

Mr Muhammad Rasheed

the CEO of 92 News channel is the younger brother of Muhammad Hanif. He is the co-founder of the Madinah Group of industries. He did not have experience in media before both creating Glaxy Broadcasting (Pvt) Ltd and launching 92 News TV channel as well as 92 Roznama daily newspaper. He holds 33.01% of the Glaxy Broadcast Network Pvt Ltd company’s shares.

Further Information

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

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Meta Data

The company was sent information request on 15.01.2019 through a courier company as well as by email. The company did not respond even after a reminder was couriered on 01.02.2019 and emailed on 04.02.2019 but the information was not forthcoming. The company does not have online presence. Financial information has been obtained from a report for 2017 submitted by the company to the SECP. The average exchange rate (105) of the Central Bank of Pakistan for the year 2017 was used to covert PKR into USD.

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