News

July - Dec 2003 | Vol.4

News

PRESIDENTS MESSAGE
"Excellence is an art won by training and habituation. We do not act rightly because we have virtue or excellence, but rather we have those because we have acted rightly. We are what we repeatedly do. Excellence, then, is not an act but a habit."- Aristotle True to our one time slogan and all-time mantra, "In Search of Excellence While Growing", we have always been obsessed with excellence, sprouted from the conviction to bring world-class products and services into the Nepali society. One of the prime objectives behind the Group's recent foray into the tobacco business is nothing, but to bring the world-class cigarettes to the people. Followed by the launch of Pine Lights, we have introduced Pine Gold into the Kathmandu market during November 2003 and was accepted for its superior quality and flavour. The New Year is going to be more promising as we launched the potato chips into the domestic market with plans for exports, again first of its kind. The Group's foray into the industry marks the entry of the first domestic player to enter the market occupied by both imported products as well as from the unorganized sectors, promising the quality, which will be next to none. Another landmark of the period is the Group's entry into $5 million bio-products markets in association with the UK based Biosys Ltd. The issue also carries a few highlights on our social commitment as well. As a responsible corporate citizen we have always been extending our humble supports from education to healthcare and from art to literature. The agreement with the Kathmandu University instituting scholarships for the engineering graduates and the annual award ceremony by Sri Lunkaran Das - Ganga Devi Chaudhary Academy for Art and Culture have all been accepted as nothing less than responsibilities.
Regards,

IN THIS ISSUE
Presidents Message CG Automobiles Keeping The Country on Move and in Top Gear CG Finco Bags RBB and KBL as its Sub Agents Chaudhary Education Foundation Commitment to the Society Continues Wai Wai Master Nepal The first of its kind Sahitya Kala Academy Awards - 2060 CG Guides Its Executives Into Dianetics After Lights, it is Gold Golden Times Ahead CG Bags the Best Exporters Award for Noodles, Snack Foods and Soft Drinks Launches CG Enters into Bio Products Sector History Revisited Ganga Devi Chaudhary Udyog Gram Moments 1

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Binod K. Chaudhary President & Managing Director

Cover Story

Cover Story

AUTOMOBILES CG AUTOMOBILES
Keeping The Country on Move and in Top Gear
In an era when the voice of the customer is tapped and converted into a deliverable product or service, the region's automobile industry has arrived in the truest sense. With the strong customer base in Nepal and the emergence of several global players in the market, the competition is just about price and the best of service.
Providing technologically vibrant, terrain-friendly, cost-effective, high quality vehicles, the Chaudhary Group scores above others by assuring easily accessible spares and good servicing facilities.

If the very entry of Suzuki Motors, Japan to India (Maruti Udyog Ltd in collaboration with the Government of India) has revolutionized the whole industry in the country, it is the sole dealership of the same brand, which has done the job for the Himalayan Kingdom. Arun Intercontinental Traders (AIT), the holding company of the Group's automobile division was established way back in April 1980 with the exclusive dealership of Suzuki Motors, Japan. Ranging from the sole distribution of power-packed, new generation of cars and pick-up vehicles from Maruti, India and Suzuki, Japan, slim line two-wheelers from TVS Motors, India (formerly TVS Suzuki Motors) trucks, buses, tankers, tippers and troop carriers from Ashok Leyland to Gulf brand of lubricants and Mico Bosch sparkplugs, the Group's automobile division has been actively serving Nepal's growing transportation needs. Providing technologically vibrant, terrain-friendly, costeffective, high quality vehicles, the Chaudhary Group scores above others by assuring easily accessible spares and good servicing facilities. With fully equipped workshops and the assurance of the after sales service facilities, the automobile division has made a mark for itself on the nation's corporate roadmap. With the authorized service centers for both Maruti and Suzuki vehicles, the division also caters to the requirement of genuine spare parts from their parent companies with mobile service facility. As the focus of the new-age customer steadily shifts to the green mode, the Group is continually geared with a host of the latest ecofriendly vehicles released by its partner organizations abroad. Keeping the country on move and in top gear, this division constantly seeks newer avenues for growth in the quest to address the needs of the nation, better. The group intends to enhance its presence in the field of petroleum downstream marketing. Right now Nepal's energy consumption is meager in comparison to its neighbours. But as projected by the analysts, the demand for commercial energy will increase at a rapid rate in the future. Chaudhary Group is also the foremost business and industrial house with expertise in petroleum and allied produsts with adequate infrastructure. ABB Investments Pvt. Ltd., established by Chaudhary Group and its associate has acquired the management share of the Nepal Lube Oil Ltd (promoted by Nepal Oil Corporation - and HMG/Nepal enterprise), under the liberalization policy of HMG/Nepal effective 1991, culminating the privatization of the Nepal Lube Oil Ltd. in 1994.
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Feature Article

Feature Article

CG Finco

Bags RBB, KBL and SCBPC as its Sub Agents

The entry of CG Finco into the money transfer business (a total of Rs 75 billion is being remitted annually in Nepal), which is laid on a very strong management philosophy of creating value both for the customer and for the
Another salient feature and innovative step of the whole set up is taking the business to the nook and corners of the country, which has been earlier restricted within the Valley. To effectively execute the same, the Group has entered into an agreement with Rashtriya Banijya Bank, one of the oldest banks in the country with the maximum number of branches, Kumari Bank Limited and Standard Chartered Bank and bagged them as the sub agents for CG Finco. The agreement was signed between Mr. Nirvana Chaudhary, CEO CG Finco and Mr. Bruce F. Henderson, CEO Rastriya Banijya Bank at RBB Office in Kathmandu on September 17, 2003. As per the agreement, the money transfer business would start from the forty four branches of RBB located all over Nepal with the provision to add to the number in the future. Speaking on the occasion Nirvana Chaudhary said "The motivation behind getting RBB as CG Finco's sub agent is due to the wide network, reliability, public credibility and the efficient management". Earlier CG Finco has bagged Kumari Bank Ltd, a leading private sector bank September 16, 2003 as its sub agent through an agreement on ...... signed between Mr. Nirvana Chaudhary and Mrs. Vidhushi Rana, Manager. Simply CG Finco has entered into an agreement with the leading informational Bank. Standard Chartered Bank through an agreement signed between Mr. Nirvana Chaudhary and Mr. Sujit Mundal the CEO of standard Chartered Bank of Nepal on January 06, 2004 to deliver remittanees through its all their branches in Kathmandu and Pokhara.

nation, coupled with its proven marketing strategies, careful research and intelligent planning is a clear step in revolutionizing the money transfer business of the land locked kingdom.

The visualization of Chaudhary Group to bring in quality and reliable services in the financial sector has led to its banking, foray into commercial banking, insurance, merchant banking and money transfer under its holding company CG Finco. With substantial share in Nabil Bank Ltd., United Finance Ltd., and United Insurance Company (Nepal) Ltd, the Group recently made a quantum leap in the money remittance business with its agreement with Western Union Money Transfer Inc., the world's largest money remittance company and a subsidiary of fortune 500 US based First Data Corporation as its principal agent for the whole of Nepal. Within a short span of five months, CG Finco could take the total number of outlets into 150 with the 24-hour customer service center right at the heart of the Capital for the whole of Nepal. The entry of CG Finco into the money transfer business (a total of Rs 75 billion is being remitted annually in Nepal), which is laid on a very strong management philosophy of creating value both for the customer and for the nation, coupled with its proven marketing strategies, careful research and intelligent planning is a clear step in revolutionizing the money transfer business of the land locked kingdom. With millions of Nepalese spread across mainly the Middle East and South East Asia, all the NRNs (Non Resident Nepali) will find a welcome in how they send the money to their dear ones at home, who largely depended on Bank DD and other illegal measures like hundi.

Feature Article

News

CHAUDHARY EDUCATION FOUNDATION

Commitment to the Society Continues

When one does an act of goodness for others with the purest of intentions, one lets its essence trickle out of oneself creating a stream with an endless source. But as a corporate house, more than once we have been compelled to experience that whatever we give back to the society is not out of generosity, but out of true obligation and the seed of the same is as both old and new as the beanstalk itself. Our recent understanding with the Kathmandu University has given us one more opportunity to enrich our social commitment by which the Chaudhary Group has agreed to pay full scholarship "It is our special duty, that if anyone needs our help, we should give him such help to the utmost of our power."- Cicero for one student for the whole four years B Tech Program. Every alternative Year, one more eligible candidate will be selected for the scholarship for the full term of four years as well. The scholarship will be directly administered by the Chaudhary Education Foundation, which monitors the Group's initiatives in the development of higher education in the country. A selection committee was constituted consisting of Prof. Dinesh P. Chapagain, Dean, School of Engineering, Prof. Pushpa Raj Adhikari, Dean, School of Science, Mr. Mukunda Prasad Upadhyay, Chief, Management Services Division, (all Kathmandu University) and Mr. Elvin Gloriappan, Asst. Manager - HRD, Chaudhary Group who selected Mr. Bishal Pandey S/o Mr. Bhishma Pandey, of Jhapa District as the CEF Scholar and will receive the scholarship for his entire education. Mr. Bishal Pandey is first year B Tech student specializing in Computer Engineering. The selection was a dispassionate one with due consideration of both educational and economical backgrounds. The Chaudhary Education Foundation will also ensure that the CEF scholar finds a job in one of the concerns of the Chaudhary Group, provided the candidate successfully completes the course and ready to work. And we only repeat to our scholar what Herbert Spencer said long back, "A great aim of education is not knowledge but action". 6

WAI WAI MASTER NEPAL NEPAL

The first of its kind

On the evening of 23rd November 2003, the entire Kathmandu Valley witnessed a different show of its kind. The event was Master Nepal Talent Show - 2003. The venue was RNA Hall. The organizers were the maverick Kathmandu Jaycees. The master sponsor was the Chaudhary Group. And the result was a strong sense of expectation among the entire audience of more than thirteen hundreds compelling them to think that these masters can change the destiny of the nation. First of its kind, dubbed as the "Wai Wai Master Nepal talent Show - 2003" was conducted with an objective of wholistic development of the budding promises between the age group of 9 and 11 and it really brought out the hidden talents among the boys. The show, which had a participation of twenty cute boys from ten different schools, saw Master Akash Dhungel of Learning Realm International School walking away with the crown and Master Shashreek Shrestha of Daffodil Public School and Master Adnan Sami of Arariko Boarding School were adjudged as the first and second runner-ups respectively. Apart from the introduction round, the entire show had four rounds; the musicals, fashion sequences, question-answer rounds and written answer rounds. The other award winners were: Master Punctuality - Abighya Rajkarnikar; Master Friendship - Adnan Shami; Master Discipline - Akash Dhungel; Master Photogenic - Sashreek Shrestha and Master Best Dressed - Ashish Regmi. 7

CentreSpread Photo Feature

CentreSpread Photo Feature

SAHITYA SAHITYA KALA ACADEMY AWARDS - 2060 AWARDS

On the occasion, the Patron of both the Foundation and Academy Shri Lunkaran Das Chaudhary felicitated the above dignitaries. Mr. Binod Kumar Chaudhary, Chairman of the Chaudhary Foundation, shed light on the past activities of the Foundation and the Academy, in the field of Art, Culture, Education and Literature and reiterated his commitment for the continuous support in the future as well. The Chairman of the Academy, Mr. Basant K. Chaudhary while welcoming the auspicious gathering, expressed his profound gratitude on being able to honor the outstanding personalities. Likewise, on the occasion of completion of 50th year of writing Nepali novels, two of the veteran novelists, Dr. Dhruba Chandra Gautam and Mr. Dhushwan Sayami were felicitated by the Academy. The letters of honor to both the novelists were presented by the chief guest to the function, Hon'ble Mr. Sarvendranath Shukla, Minister of Culture, Tourism and
The Chaudhary Group has always been in the forefront of the Nepali society in promoting culture, music, art and literature indigenous to the Himalayan Kingdom. Shree Lunkaran Das - Ganga Devi Chaudhary Academy for Art and Culture was instituted with the above aim and had been relentlessly carrying the noble endeavor and feeling gratified in honoring the eminent personalities of our country.

For the last ten years, the Academy has been honouring the eminent personalities with "Itihas Siromani Baburam Acharya Sodh Samman" in the field of research, "Narayan Gopal Sangeet Samman" in Music field and "Sarasvati Samman" in Literature.

Aviation. Professor Mohan Raj Sharma and Dr. Govinda Raj Battarai spoke on the award winning personalities and their contribution towards their respective fields.

The Academy was established during 2051 (1994) and is being managed by the Chaudhary Foundation. For the last ten years, the Academy has been honouring the eminent personalities with "Itihas Siromani Baburam Acharya Sodh Samman" in the field of Research, "Narayan Gopal Sangeet Samman" in Music and "Sarasvati Samman" in Literature. The annual function for the year 2060 took place at the Russian Cultural Centre in 8

Kathmandu on Kartik 23, 2060 (November 09, 2003). This year's "Itihas Siromani Baburam Acharya Sodh Samman" was awarded to the veteran and renowned historian Mr. Satya Mohan Joshi, "Narayan Gopal Sangeet Samman" to Mr. Sambadev Sapkota for his significant contribution in the field of Classical Instrumental music and "Saraswati Samman" to Mr. Modanath Shastri for his magnificent and outstanding works in the promotion of Nepali literature. 9

News

News

CG guides its executives into Dianetics

The modern science of mental health and self improvement

AFTER LIGHTS, IT IS GOLD LIGHTS,

Golden Times Ahead

Modern day executive trainings have graduated from the traditional trinity of knowledge, skill and attitude to embrace a broader perspective aimed at wholistic development ensuring wholesome life both at the work and home fronts giving a new meaning to what success means in the organization - from a great career to a great life with due weightage for the family life than never before. Realizing this fact, we have been emphasizing more such trainings in the recent past with a clear aim to improve the performance and productivity of our executives. And the decision to conduct both the "Self Management Leadership Workshop" and "Dianetics" was well received. The Self Management Development Workshop, which lasted for eight days between November 18th and 25th was held at CGLC in association with the Brahma Kumari Rajyoga Centre. Mr. Vijay Raj Sigdel, the chief resource person has led entire team in managing one's own thoughts, feelings and behaviour. Similarly, "Dianetics", a proven 'science of mental health for self-improvement', developed and propagated Ron Hubbard was first conducted at the CG Learning Centre at Chaudhary Food Complex, Kathmandu between 24th and 25th of November and a total of thirteen executives participated both from the HO and Fudco. The experience and benefits were unique and to put it in the words of the participants themselves "it is an adventure, an exploration into the human mind". As a second step the training was held at the CGLC at Chaudhary Udyog Gram and a total of 20 executives from the various regional offices and from the industrial village participated from the workshop, which was held from 18th December to 19th December. During both the occasions, Mr. Raju Chhetri and Mr. Bhoj Raj from the Hubbard Dianetics Foundation, Nepal were the key delivery persons. The crux of the two days' workshop was to equip the participants with more self-confidence, to improve one's personality, achieve success in life, to attain happiness and peacefulness, to obtain both physical and mental soundness and most importantly to improve relationships in the family and work.

Since 1899 KT &G (Korea Tomorrow and Global) has grown to become the leading tobacco company in Korea. With international cigarette brands in markets all over the world, along with over 50 years of the highest quality Korean flue-cured and burley tobaccos for export, KT&G is always ready to satisfy it's customer's needs. After the successful launching of Pine Lights. Perfect Blends Nepal Pvt. Ltd. a subsidiary of Chaudhary Group feels proud to launch its second brand as PINE GOLD in the internationally famous Pine Series, in the Nepalese market. Renowned throughout the world for its superior quality and competitive price. Korean leaf tobacco has been exporting in the most part of world. Chaudhary Group with a technical tie - up the Korean major, KT&G (Korea Tomorrow & Global) has launched the brand in continuation of their long term plans for developing Nepal as their center for exporting to the South East Asian countries in the near future. A distinct blend appears in the Nepalese horizon, brought to you by a company that was established in 1899. A company whose export sales was 22 billion sticks alone last year, and is the 7th largest manufacturer of cigarettes selling over 101 billion sticks worldwide. Pine Gold has been an undefeated favourite amongst the people around the Middle East & CIS countries and is quickly gaining preference over others in most countries. PINE GOLD is being manufactured at the state of the art production unit at "Ganga Devi Chaudhary Udhyog Gram", Nawalparasi, with a production capacity of 1700 million sticks per annum, with World Class taste which is loved and appreciated all over the world. Available in the international pack of 20 sticks in the King Size segment and priced at 49 per pack. Through the Group's enormous networking partnerships, PINE GOLD is available in all leading outlets, department stores, restaurants and entertainment centers. 11

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News

Launches

CG Bags the Best Exporters Award for

NOODLES, SNACK NOODLES, SNACK FOODS AND SOFT DRINKS

LAUNCHES LAUNCHES
Wai Wai Tom Yum
Wai Wai Tom Yum has brought a different flavour to the noodles addicted Nepali market, which had been longing for a different taste. Tom Yum is a popular Thai flavour, served and liked all over the world and the soup based noodles with the prawn ingredients was well accepted by those who have been looking for a different flavour and taste. As the first phase the product was launched only in

With a vision to put Nepal into the global map of commerce and trade, the Chaudhary Group had been exporting its food and beverages products to various countries both in South Asia and South East Asia over a decade. "Wai Wai" brand of noodles, which is synonymous with the noodles itself in Nepal is in India over the last ten years and enjoys a market share of 14% with the availability in all the premium outlets across the country.

Kathmandu, Dharan and Pokhara with the teenagers as the target consumers. The product comes in the international pack of 75gms and priced at NRS. 12/-

Pine Gold
After the successful launch of Pine Lights, Perfect Blends Nepal Pvt. Ltd has brought the second one from the internationally famous Pine Series, Pine Gold into the Nepalese market. Pine Gold is renowned for its superior quality and competitive price throughout the world. Available in the international pack of 20 sticks in the King Size segment and priced at 49 per pack, is being launched in the Kathmandu Valley as the first phase.

The larger volumes are generated from North Bengal, Sikkim and North Eastern states of India where we have a market share of 65% and the same goes in the case of Bhutan as well. We have stepped up our drive by introducing new products like Chicken Bhujiya and received good response as well. Plans are underway to spread distribution to cover the whole country in the near future. The exports to the third countries have begun by supplying products to Hong Kong, Malaysia and Qatar and expect to make a breakthrough in Bangladesh and Maldives in the near future with an aim of boosting our export business where we target a growth rate of around 40%, this year from our previous 45crores to 65crores.
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The recent awards for the Best Exporter for the year 2002 - 2003 from the Lalitpur Champer of Commerce and Industry for all the three Group companies - Nepal Thai Foods Pvt. Ltd for Noodles, Kwik Foods Pvt. Ltd for Snacks and Gold Beverages Nepal Pvt. Ltd for the soft drinks - have come as the right recognition for the right time. All our products have met the specifications of the importing countries in terms of quality and the consumers have appreciated the taste and quality of the products along with the packaging. To surpass our own mantra, "Made in Nepal. Served in India", our products are crossing over the Indian subcontinent to appeal to the world palate.

Krunch Alooz
Fast Foods Nepal Pvt. Ltd., the foods division of the Group has entered the fried potato chips market with two flavours under the brand name of Krunch Alooz. The Nepalese fried potato chips market has been so far cascaded with both imported as well from unorganized sectors. Manufactured at the state of the art, fully automatic, brand new plant at Ganga Devi Chaudhary Udyog Gram, the chips come in masala, "Munchy Masala" and cheesy "Cheesy n Onion" flavours. The 35gms pack is priced at NRs. 25/-.

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News

History Revisited

INTO CG ENTERS INTO SECTOR BIO PRODUCTS SECTOR

CHAUDHARY UDYOG CHAUDHARY UDYOG GRAM

GANGA DEVI

The Master Plan

The Chosen Land

Construction Begins

Ganga Devi Chaudary Udyog Gram, the first privately owned industrial village was formally inaugurated on 10March 2003. Located at nawalparasi, 150 kms from Katmandu and 24kms from Bharatpur airport, the Ganga Devi Chaudhary Udhyog Gram cover 137 acres of land strategically located on the side of the east- west The Group has never shied away when it came to new investments, especially into those which will have the direct impact on the economic progress of the entire nation and the last being its entry into the $ 5 billion products through the strategic alliance with Biosys Ltd. Biosys, headquartered in the UK is a global player in the bio-products industry with operations in South Africa, Malawi, Mozambique, Romania and Western Himalayas. A Memorandum of Understanding was signed in this regard on November 26 at Kathmandu by Mr. Basant K. Chaudhary, Managing Director on behalf of the Chaudhary Group and Dr. Akash Chopra, founder Chairman, on behalf of Biosys Ltd. The proposed project, which will be launched by 2005, will be starting with essential oil products, aimed to deliver and market worldclass, plant-based, high-value products throughout the world, using the very best science and technologies coupled with the proven international sales and marketing expertise from Biosys. The Chaudhary Biosys Project will generate considerable foreign exchange and thousands of employment opportunities especially in the rural sector. highway. What is novel about the idea is that the village containing all necessary physical infrastructural and logistical support is not only for Chaudhary Group. Other business houses including foreign investors have been extended an invitation to set up their business units in this village, which offers investors a secure, stable, operating environment. In addition there is a ready pool of labour of over 10,000 people with in a radius of 20 kms. The history of Ganda Devi Chaudhary Udyog Gram begins with the acquisition of the first plot of land in 1993. The first phase of the project was implemented with the establishment of Fast foods Nepal Pvt Ltd in June 1995. It was followed by the established of singha Brewery (Nepal) Pvt Ltd (SBN and perfect Blends (Nepal) Pvt Ltd (PBN) in the year 1996 and 1999 respectively. PBN has recently 14 15
Other business houses including foreign investors have been extended an invitation to set up their business units in this village, which offers investors a secure, stable, operating environment. In addition there is a ready pool of labour of over 10,000people within a radius of 20kms.

History Revisited

MOMENTS
WEDDING BELLS
Congratulations to the newly married !!!
Magh 09, 2059 Dec 15, 2003 Mr. Basu Bhandari (Jr. Executive - Production, SBN, CUG) Mr. Pushpa Sapkota (Executive - Production, FFN, CUG) Mr. Asaa Kaji Maharjan (Executive - Accounts, FFN, HO) to Ms. Rama Poudel to Ms. Chuda Subha to Bhawani Maharjan

Verious Units Under Construction

Dec 9, 2003

commissioned a state of the art cigarette manufacturing plant from Korea and started producing and selling high quality cigarettes, Pine lights in technical collaboration with Korea's tobacco giant KT&G Corporation. However, Food and Beverages (F&B) industry is the major thrust area with 22 brands of F&B products being produced in this village . More significant is the plan to set up a dairy processing until that will create a white revolution.

The facilities in the industrial village are supported by a Learning Centre, a Medicare Centre, customized housing facilities, an upcoming CG Kanchi Shankaracharya Temple and a nine hole Golf a Course. The environmental is considerably improved by its agro forestry .Ganga Devi Chaudhary Udyog Gram has grown significantly by including facilities that lead to holistic development instead of merely being a group of factories located within one area.

NEWLY BORN
Congratulations !!!
December 9 2003 "Sasmit" born to Mr. Yadab Pudasaini (Jr. Executive - Accounts, GBN, HO) & Mrs. Sushma Pudasaini November 25 2003 "Yuv Raj Tiwari" born to Mr. Shiv raj Tiwari (Executive - Commercial, HO) and Mrs. Sunita Tiwari December 25 2003 "To be named" born to Mr. Shiv Kumar Subedi (Sr. Executive - Accounts, ASI) and Mrs. Saru Subedi

Dear Readers,
From this issue the CG News will be every half yearly.

COMMENTS & SUGGESTIONS

Corporate Communication & HR Department

Chaudhary House, Sanepa E-mail: hrd@chaudharygroup.com

The main entrance and SBN Block

This CG News is for internal circulation only.

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FOOD & BEVERAGES Shree Pashupati Biscuits Industries Pvt. Ltd. Shree Mahalaxmi Maida Mills Pvt. Ltd. Kwik Foods Pvt. Ltd. Nepal Thai Foods Pvt. Ltd. Fast Foods (Nepal) Pvt. Ltd. Shree Mahalaxmi Nutrition Foods Pvt. Ltd. Instant Meals Pvt. Ltd. Nirvana Vanaspati Udyog Pvt. Ltd. Gold Beverages (Nepal) Pvt. Ltd. Swet Ganga (Udyog) Pvt. Ltd. AUTOMOBILES Himalayan Intercontinental Pvt. Ltd. Nepal Lube Oil Ltd. Arun Intercontinental Traders Himalayan Enterprises Pvt. Ltd. AIT Pvt. Ltd. Karan Exims Pvt. Ltd. FINANCIAL SERVICES CG Finco United Finance Pvt. Ltd. United Insurance Pvt. Ltd. ABB Investments Pvt. Ltd. Nabil Bank Ltd. Western Union Money Transfer Inc. Surya Investments Pvt. Ltd. INFRASTRUCTURE Physical Infrastructure Rahul Infrastructure Ganga Devi Chaudhary Udyog Gram Ansal Chaudhary Developers Pvt. Ltd. Hospitality Hotel Chitwan Keyman Taj Asia Pvt. Ltd. (A Joint Venture with Indian Hotels Co. Ltd.) Development Infrastructure Power Development (Nepal) Pvt. Ltd. Independent Power Corporation (Nepal) Pvt. Ltd. Social Infrastructure Norvic Escorts International Hospital Chandbagh School CONSUMER DURABLES Sound Equipment and Electrical Appliances Industries Pvt. Ltd. Goldstar Nepal Pvt. Ltd. SPECIALITIES Steels Apollo Steels Industries Pvt. Ltd. Tobacco Perfect Blends (Nepal) Pvt. Ltd. Beer Sungold Brewery (Nepal) Pvt. Ltd. Apparel and Accessories Megha Woolen Mills Pvt. Ltd. Polyfibre Nepal Pvt. Ltd. Packaging Flexible Packaging Pvt. Ltd. Nirvana Can Manufacturing Pvt. Ltd. Trading Impact International Himalayan International Marketing Associates Pvt. Ltd. Shangrila Exports Apollo Intercontinental CITIZEN CHAUDHARY Chaudhary Foundation Shree Lunkaran Das Ganga Devi Chaudhary Academy for Art and Literature Shree Lunkaran Das Ganga Devi Chaudhary Charity Hospital Kanchi Shankara Education & Health Care Centre Ganga Avedana Ashram Chaudhary Education Foundation

CORPORATE OFFICES Chaudhary House Sanepa, Kathmandu, Nepal. Ph: 5525041, 5521994 E-mail: info@chaudharygroup.com Chaudhary Mansion Khichhapokhari, Kathmandu, Nepal. Ph: 4221260, 4250059 E-mail: hoffice@cgco.info.com.np Chaudhary Tower Jhamsikhel, Lalitpur, Kathmandu, Nepal. Ph: 5545892, 5545893, 5545894 E-mail: mdo@chaudharygroup.com w w w. c h a u d h a r y g r o u p . c o m