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Bashundhara Group
Founded in 1987 as East-West Property Development (Pvt) Ltd, Bashundhara Group has grown into one of Bangladesh's largest and most respected business conglomerates. The group initially focused on real estate development, addressing the acute housing needs in Dhaka by providing quality, affordable homes. This initial venture earned the public's trust and established a solid base for the group’s diverse expansion. Guided by its mission, "For the People, For the Country," Bashundhara Group broadened its operations into manufacturing and trading in the early 1990s. The group introduced high-quality cement, paper, and tissue and ventured into the distribution of liquefied petroleum gas (LPG), with all products gaining a reputation for reliability and excellence. In the early 2000s, a significant development for Bashundhara Group was the public listing of Meghna Cement Mills Limited on the Dhaka Stock Exchange and Chittagong Stock Exchange. This move not only raised capital for further growth but also solidified its reputation and allowed the public to invest in the company, thus sharing its success. Continuing its legacy in real estate, the group launched Bashundhara City Development Ltd. (BCDL), a major shopping mall and recreational center in Dhaka that exemplifies the group’s capacity to innovate and meet consumer demands by combining shopping and entertainment in one location. The group's foray into the media sector in 2009 marked another strategic expansion with the establishment of East West Media Group Ltd. This entity now oversees several leading publications and media outlets, including the newspapers "Kaler Kantho" and "Bangladesh Pratidin," the "Daily Sun," and the online news portal "banglanews24.com." Additionally, it launched News24, a prominent news channel; T Sports, the first dedicated sports channel in Bangladesh; and Radio Capital, a versatile FM radio station.