president of cg on forbes & hurun rich list will also help tourism industry in nepal to a large...

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PRESIDENT OF CG ON FORBES & HURUN RICH LIST INSIDE Yes... Nepal has the potential to develop as International Cricket Spot Nepal's industrialist makes Hurun rich list 1 Meeting with Former Malaysian Prime Minister Dr. Mahathir bin Mohamad Mr. Chaudhary meeting with the member of graduate school of stanford Business 3 4 2 Birthday 5 Brain Teasers 6 A fter debuting on the Forbes billionaire ranks last year, Binod Chaudhary who built most of his fortune overseas, remains Nepal's only billionaire. His conglomerate, the Cinnovation/CG Group's assets include a controlling stake in Nepal's Nabil Bank, a fast growing foods business best known for instant noodle brand Wai Wai and a string of hotels in Asia and more recently, in Africa where in a joint venture with Uganda's Mukwano group he's building hotels in Uganda, Rwanda and Burundi. Last year, CG diversified into telecom when it bought out ST Telecom, a rural telecom operator. Chaudhary, who never went to college, joined the family's textile trading business four decades ago and went on to expand his inheritance overseas. His three sons work with him; the eldest Nirvaan oversees interests in Nepal while Rahul and Varun are stationed abroad. Source: forbes.com

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Page 1: President of Cg on forbes & hurun riCh list will also help Tourism Industry in Nepal to a large extent. Cricket Academy with world class infra and Coach will help boosting cricketing

President of Cg on forbes & hurun riCh list

INSIDE

Yes... Nepal has the potential to develop as International Cricket Spot

Nepal's industrialist makes Hurun rich list1

Meeting with Former Malaysian Prime Minister Dr. Mahathir bin Mohamad

Mr. Chaudhary meeting with the member of graduate school of stanford Business

3

4

2

Birthday5

Brain Teasers6

After debuting on the Forbes billionaire ranks last year, Binod Chaudhary who

built most of his fortune overseas, remains Nepal's only billionaire. His conglomerate, the Cinnovation/CG Group's assets include a controlling stake in Nepal's Nabil Bank, a fast growing foods business best known for instant noodle brand Wai Wai and a string of hotels in Asia and more recently, in Africa where in a joint venture with Uganda's Mukwano group he's building hotels in Uganda, Rwanda and Burundi.

Last year, CG diversified into telecom when it bought out ST Telecom, a rural telecom operator. Chaudhary, who never went to college, joined the family's textile trading business four decades ago and went on to expand his inheritance overseas. His three sons work with him; the eldest Nirvaan oversees interests in Nepal while Rahul and Varun are stationed abroad.

Source: forbes.com

Page 2: President of Cg on forbes & hurun riCh list will also help Tourism Industry in Nepal to a large extent. Cricket Academy with world class infra and Coach will help boosting cricketing

Cricket Academy with world class infra and Coach will help boosting cricketing

standard of Nepal.

1 2

What inspired the idea of building a cricket stadium?

CG has been a major supporter of bringing Cricket up for the last 10 years.

We were the first corporate in Nepal to partner with Cricket Association of Nepal and support all teams across and tournaments since then. Please find attached a powerpoint of CG's role in Cricket. With the recent performance and de-velopment of cricket in Nepal, it is natural, when we see that the govt is not moving up to the speed of creating the right infrastructure for CG to again come up and extend hand to the govt to help build the infrastructure for helping crick-et grow and stadium is a basic necessity.

Our vision is to do a sports city which will have not only stadium but other training ground/ staying facilities etc in PPP model with govt.

An "international standard sta-dium" as you say will cost you millions of dollars-with serious

money involved you are definitely not doing thus just as a social re-sponsibility! do you think Cricket in nepal has the potential to give back such massive amounts?

Yes . Nepal has the potential to develop as Inter-national Cricketing Spot like Sharjahan / Dubai of 80s. It will also help Tourism Industry in Nepal to a large extent.

Cricket Academy with world class infra and Coach will help boosting cricketing standard of Nepal.

Will you still build a cricket venue if government is not ready to part-ner with you?

There was a similar case for cleaning the place where people are cremated in Pashupati and we took it as challenge and helped give it a shape. Private sector would have only limited role and resources in such investments which ideally need to be planned by the govt. We will wait

for govt to invite us to discuss various options.

Why did Cg end the sponsorship with Women's Cricket?

We are still proud sponsor of under 19 Women's Cricket.

Can we expect something else from Cg beside the stadium?

We have been and are committed in supporting youth based activities like Cricket and have been fulfilling our responsibilities.

Why is Cg not part of nepal Pre-mier league?

CG cannot do and be everywhere. We have de-cided that CG is known for national teams and tournaments and cannot chose one team and promote it.

We believe in overall holistic development of cricket at all levels.

nePAl's industriAlist

mAkes hurun riCh list

Nepal's pioneer industrialist Binod Chaudhary, who was named as Nepal's first billionaire last year, has for the first time featured in the new Hurun Global Rich List 2014, a billionaire list compiled by Hurun Report Inc., a company based in Shanghai, China.On the latest Hurun rich list, unveiled at the end of February, he was ranked the 1,735th with 1 billion U.S. dollars worth of fortune. His main business is in the food and beverage sector.In March 2013, the New York-based Forbes maga-zine placed Chaudhary Group (CG) President Binod Chaudhary in the 1,342nd position in its 2013 Bil-lionaires List.According to the Hurun list, a total of 414 billion-aires have been added in 2013 as compared to the previous year.The list includes 481 American billionaires and 358 billionaires from China.Source: China.org.cn

Page 3: President of Cg on forbes & hurun riCh list will also help Tourism Industry in Nepal to a large extent. Cricket Academy with world class infra and Coach will help boosting cricketing

4

meeting With former mAlAysiAn Prime

minister dr. mAhAthir bin mohAmAd

President of Chaudhary Group Mr. Binod Chaudhary held a meeting with former Malaysian Prime Minister Dr Mahathir bin Mohamad on March 24, 2014 at Hyatt hotel. Also present were Mrs. Sarika Chaudhary, Managing Director of CG Mr. Nirvana Chaudhary and Executive Director of CG Mr. Rahul Chaudhary.

3

Welcome to Cg :in an initiative of Cg|education, a group of around 30 mbA

students from graduate school of stanford business, usA held an interaction program with Chaudhary group President

mr. binod Chaudhary on monday, march 24, 2014 in the head office, Sanepa.

Page 4: President of Cg on forbes & hurun riCh list will also help Tourism Industry in Nepal to a large extent. Cricket Academy with world class infra and Coach will help boosting cricketing

4thRohit ShakyaJunior Executive | Sales

Pradip PudasainiGeneral Manager | Operations

7thSrijana ThapaJunior executive | Sales

Ghanashyam KoiralaAssistant | After Sales Service

12th

5thBala Ram GnawaliAssistant Manager | Sales

Hira Bahadur ShresthaSenior Assistant | Corporate Affair

Krishna Prakash Thapa MagarPeon | General Service

Sanjeev PanditAssistant Manager | Sales

1st

Ujjwal BistaAssistant Manager | HR

Madhav GyawaliAssistant Manager | Sales

Deepak RokaManager | Sales

Raj Kumar Rokka Executive | Purchase

8th 13thSecurity GuardSecurity Guard | General Service

Firoz Ahmed SafrunJunior Executive | Sales

Devaraj KhadkaExecutive | Sales

Bharat Mani AcharyaSenior Executive | Purchase

Suraj K C.Assistant | Purchase

Mohan Lal ShresthaSales Representative | Sales

Dilli Prasad ChaulagaiJunior Executive | Sales

3rd 6thNiraj KarkiAssistant | Account

Binod ThapaTrainee | After Sales Service

Sudan Singh SilwalAssistant Manager | Marketing

Deepak Prasad KurmiAssistant | After Sales Service

Asmita PahadiJunior Assistant | Account

11th 14thChandraman Thapa MagarPeon-II | General Service

Ankur Kumar GoyalAsst. General Manager | Business Development

Kulman PulamiPeon | Purchase

Ramesh ShresthaGeneral Manager | Sales

Suchana DahalTrainee | After Sales Service

B. D. ChaudharyDeputy Manager | Purchase

15thManoj Kumar ThapaSecurity Guard | General Service

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Answers for Brain Teasers (Volume 14, No. 15)a. Nir Shahb. Late Queen Aishworya Rajya Laxmi Shahc. Bajura, Bara

Brain Teasers Winner (Volume 14, No. 15)Mr. Pursottam Prasad Pudasaini, Deputy Manager(Right), CG|Electronics, hands over cash prize of Rs. 1000 to Mr. Ashok Sharma, Junior Executive, CG|Electronics, winner of Brain Teasers contest.

Postal Address Corporate Communications/Public RelationsChaudhary Group, Head Office, Sanepa, Lalitpur P.O.Box: 1073, Kathmandu, Nepal

Tel: 01-5525039, 5525041 (Ext. No 644)

Email us your articles, poems, jokes, photos and feedbacks to [email protected]

Color : GreenFood : Nepali foodMovie : Rajmati, SiluDress : Casual dressSinger : Narayan GopalGadget : Dell laptopsIdeal Person : CG President Binod ChaudharyLike to visit : PokharaUnforgettable moment : When I was chased by a dog and had to run shouting for helpSomething that no one knows about you : I love sleeping and listening songs

Govinda MaharjanAsst. Manager | Corporate Affairs

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Questions10