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Radio Buraq Private Limited

Radio Buraq (Private) Limited was set up in October 2005 and registered with Securities and Exchange Commission of Pakistan’s Islamabad registry office. Khalid Khan Mohmand and Asif Ali, two partners in the company with equal shares, established Radio Buraq (Private) Limited to seek official permission for operating, establishing, promoting, facilitating, conducting business related to the information technology, satellite communication, telecommunication, radio broadcasting and satellite/terrestrial TV station. However, ownership changed hands and current owner of the company is Ms. Sara Siddiqi, daughter of owner of Samaa TV, Mr. Zafarul Hameed Siddiqi. Radio Buraq Private Limited operates the Samaa FM radio station.

Key facts

Business Form

Private

Legal Form

Limited Liability Company

Business Sectors

Radio Broadcasting

Ownership

Individual Owner

Sara Siddiqi

Ms Sara Siddiqi a Master’s degree holder in international broadcast journalism, she was appointed vice chairwoman of Samaa TV by her father, the founder and chairman of Samaa TV, Zafar Siddiqui in 2016. But this was not before she worked as a presenter and producer on Samaa TV and a string of stints with broadcasters such as BBC, Channel 4, CCTV and ITN. She has experience in broadcast journalism, documentary making, media research and online journalism. She also runs www.cutacut.com, a digital media platform set up by and for the Desi Millenial and aims to “cut through the clutter of content and bring […] stories that really matter”. It covers culture, entertainment, politics, gender and money and profiles ordinary people with extraordinary stories, influencers, celebrities and trend setters. It has a stated mission to “disrupt the industry, to challenge boundaries, create a dialogue about issues that have been brushed away and to make a social impact by giving a voice to the people, the issues and the causes that have been overlooked for far too long”. She was given control of FM107.4 after her father took over a company, registered with Securities and Exchange Commission of Pakistan.

99.9%

Syed Rizwan Saud

Syed Rizwan Saud holds 0.01% share in the company which owns the station. He is the Group Chief Financial Officer at Jaag and Samaa TV.

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Media Outlets
Other Media Outlets

Other Online Outlets

https://www.samaafm.com/

Facts

Media Business

Radio Broadcasting

Radio Buraq (Private) Limited

TV Broadcasting

Jaag Broadcasting System Private Limited (family owned)

General Information

Founding Year

2005

Affiliated Interests Founder

Khalid Khan Mohmand

is co-founder of the company. No known affiliated interests were found on the founder.

Employees

Missing Data

Contact

13th Floor, Techcity Corporate Towers, I. I. Chundrigar Road, Karachi.

Telephone: +92(0)21-111872622

Website: www.samaafm.com/default.aspx

Tax/ ID Number

CUIN: 0052779

Financial Information

Revenue (Financial Data/ Optional)

USD 0.26 Million / PKR 26.575 Million (2013-14)

Operating Profit (in Mill. $)

USD 0.51 Million / PKR 52.91 Million (2013-14)

Advertising (in % of total funding)

Missing Data

Management

Executive Board

Missing Data

Further Information

Data Publicly Available

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

2 ♥

Meta Data

An information request was sent to the station on 8 February 2019 through a courier company as well as by email. The station did not respond to the request. A reminder was couriered on 15 February 2019 and emailed on 18 February 2019. Naveed Siddiqi told in response to reminder that “The details pertaining to Jaag Broadcasting systems have already been sent to MOM”. However, MOM Pakistan team obtained certified copies of documents of the company which owns FM 104 from Securities and Exchange Commission of Pakistan through a paid request. These documents show that the current owner with over 98 percent shares is the daughter of the owner of Samaa TV.

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