MGH Group explained

MGH Group is a Singapore head-quartered[1] Bangladeshi conglomerate operating in multiple industries and 19 different countries. MGH operates in supply chain solutions, travel & hospitality, food & beverage chain, media & entertainment, express delivery and on-demand transportation.[2] It represents seven shipping lines in Bangladesh.[3]

Anis Ahmed is the founder and global CEO of MGH Group.[4] M. Ghaziul Haque is the chairman of MGH Group.[5]

History

MGH was established in 1992 by Anis Ahmed who named it after his father Mohammed Ghaziul Haque.[6] It began contract logistics by shipping Gillette products for the Bangladeshi market. Thereafter, growing its business by working with companies like P&G, Carrefour, and C&A.[7]

In 1996, MGH partnered with international travel company Travel port to provide distribution, technology, payment solutions for the travel and tourism industry in Bangladesh.[8] It expanded to India in 2005.[9] It hired Impact PR for its public relations.[10]

MGH also acquired a large share in a Bangladeshi private commercial bank named Eastern Bank Limited.[11] M. Ghaziul Haque, chairman of MGH Group, and Anis Ahmed, Group CEO of MGH Group, are directors of Eastern Bank Limited.[12] Ahmed served as the chairman of Eastern Bank Limited from 2000 to 2006 and was re-elected in 2012.[13]

Finlays was partnered by the conglomerate which is now the second largest tea producer in Bangladesh contributing 23% to the country's annual production.[14]

In 2006, Radio Foorti, another subsidiary of MGH Group, first went live in Dhaka. It is now the largest FM Radio Channel in Bangladesh and operates in Dhaka, Chittagong, Rajshahi, Khulna, Barisal, Mymensingh, Cox's Bazar, Bogra and Noakhali.[15] MGH bought the Barista Lavazza coffee chain in Bangladesh through its subsidiary MGH Restaurants Private Limited.[16] It also bought Nando's to Bangladesh.[17] It merged the marketing activities of Procter & Gamble and Gillette.[18]

In 2009, MGH Group provided financial support to repatriate nine Bangladeshi prisoners from Pakistan.[19] It provided financial support to the Autistic Children's Welfare Foundation, Bangladesh.[20]

Managing Director of MGH Group, Anis Ahmed, was appointed the honorary counsel of South Africa to Bangladesh. MGH Group provided financial support to repatriate 20 Bangladeshi prisoners from Tanzania who were detained on their way to South Africa from Uganda.[21] [22] It provided financial support to repatriate a female Bangladeshi worker from Lebanon.[23]

MGH received the India's Greatest Brands 2017-18 organized by PricewaterhouseCoopers and AsiaOne in the logistics, supply chain and warehousing.[24] It provided financial support to repatriate 17 Bangladeshis from Egypt.[25] Omron Healthcare appointed MGH Group its distributor in Bangladesh in 2018.[26] It provided financial backing to Obhai and Obon, ride sharing service.[27] MGH Group's subsidiary, MGH Health, became the local partner of AstraZeneca in March 2019.[28]

During the coronavirus pandemic, MGH Group transported medical supplies to India in conjunction with SpiceJet.[29] "MGH Group, the Global Cargo GSA of SpiceJet, has been actively involved and has supported SpiceJet's freighter flights from Singapore to Chennai and Bengaluru carrying crucial medical supplies while extending full support to the airline's regular cargo operations to Hanoi and Bangkok."- Manufacturing Today.[30] [31]

In July 2022, MGH Group opened the flagship branch of its Peyala Cafe, under MGH Restaurants Private Limited, in Banani 11.[32] It sponsored MGH Monsoon Cup Golf Tournament at Savar Golf Club.[33]

MGH Restaurants Pvt Limited filed a complaint against FoodPanda with the Bangladesh Competition Commission following which FoodPanda was fined one million BDT.[34] It sponsored the CAPA India Aviation Summit in 2024.[35]

Controversy

In February 2020, the Anti-Corruption Commission investigated Anis Ahmed on corruption and money laundering charges.[36] It filed a case against Anis Ahmed for acquiring BDT 1.36 billion illegally and money laundering in December 2022.[37] After the resignation of Prime Minister Sheikh Hasina, the commission stated that it was forced to file the case against Ahmed by Salman F Rahman, advisor to Prime Minister Sheikh Hasina.[38] On 14th October 2024 court approved the withdrawal request from the Anti-Corruption Commission after reviewing the documents of the case, which was filed against Anis Ahmed on 28 December 2022.[39] Anti-Corruption Commission said there was no evidence against him to proceed with this case.[40]

Subsidiaries

Notes and References

  1. News: 2024-06-03 . Indian aviation summit begins tomorrow . 2024-06-13 . The Daily Star . en.
  2. Web site: 2018 . About Us Page . Freight Comparator.
  3. News: Parvez . Sohel . 2012-03-06 . Ctg port turnaround time on the decline . 2024-06-13 . The Daily Star . en.
  4. News: 2022-02-24 . NSU celebrates silver jubilee of its Career and Placement Center (CPC) . 2024-06-13 . The Daily Star . en.
  5. Web site: M. Ghaziul Haque . 2024-06-13 . www.ebl.com.bd.
  6. News: 28 August 2011 . Anis made consul general of South Africa . 2024-06-13 . The Daily Star.
  7. Web site: MCCI Bangladesh Index .
  8. News: 2010-05-20 . Emirates signs content deal with Travelport . 2024-06-13 . The Daily Star . en.
  9. News: MGH Group makes its mark in India, Pakistan . 2024-06-13 . bdnews24.com . en.
  10. News: MGH Group engages Impact for public relations services . 2024-06-13 . bdnews24.com . en.
  11. News: 2020 . Company Profile MGH Group . The Wall Street Journal .
  12. Web site: Anis Ahmed . 2024-06-13 . ebl.com.bd.
  13. News: M Ghaziul Haque was elected as the chairman of Eastern Bank Limited . 2024-06-13 . The Daily Star.
  14. Web site: 2018 . Portfolio MGH Group .
  15. Web site: Shongjog company profile .
  16. News: Rahman . Osama . 2013-07-16 . BARISTA . 2024-06-13 . The Daily Star . en.
  17. News: Parvez . Sohel . 2009-11-22 . Chain restaurants go big . 2024-06-13 . The Daily Star . en.
  18. News: Gillette, P&G start combined operations in Bangladesh . 2024-06-13 . The Daily Star.
  19. News: 2009-04-14 . 7 Bangladeshis return home today after serving 8 yrs in Pak jail . 2024-06-13 . The Daily Star . en.
  20. News: Tasneem . Shuprova . RisingStars . 2024-06-13 . The Daily Star.
  21. News: 2012-09-20 . Bangladeshis held in Tanzanian jail return tomorrow . 2024-06-13 . The Daily Star . en.
  22. News: 2012-09-22 . 20 return from Tanzanian jail . 2024-06-13 . The Daily Star . en.
  23. News: Biplob . Belal Hossain . 2013-01-27 . Back home with heart broken . 2024-06-13 . The Daily Star . en.
  24. News: 2018-10-21 . MGH Group gets 'India's Greatest Brands' award . 2024-06-13 . The Daily Star . en.
  25. News: Biplob . Belal Hossain . 2013-08-06 . Broke, they return home . 2024-06-13 . The Daily Star . en.
  26. News: 2018-09-26 . Omron appoints MGH Healthcare as distributor . 2024-06-13 . The Daily Star . en.
  27. News: 2018-04-03 . Obhai, Obon! . 2024-06-13 . The Daily Star . en.
  28. News: 2019-03-29 . AstraZeneca enters Bangladesh market . 2024-06-13 . The Daily Star . en.
  29. News: 2020 . MGH Group backs SpiceJet in maintaining India's supply chain amid coronavirus pandemic . Dhaka Tribune .
  30. Web site: 2020 . SpiceJet operates cargo-on-seat flights .
  31. News: 2020-04-22 . SpiceJet keeps flying despite lockdown . 2024-06-13 . The Daily Star . en.
  32. News: 2022-07-18 . Peyala Cafe opens flagship outlet in Dhaka's Banani 11 . 2024-06-13 . The Daily Star . en.
  33. News: 2022-09-18 . MGH Monsoon Cup Golf concludes . 2024-06-13 . The Daily Star . en.
  34. News: 2024-01-16 . Foodpanda fined Tk10 lakh for unfair market practices . 2024-06-13 . The Daily Star . en.
  35. Web site: MGH Group to present CAPA India Aviation Summit 2024 . 2024-06-13 . businesspostbd.com . en.
  36. News: ACC quizzes MGH boss Anis over illegal wealth, money laundering charges . 2024-06-13 . bdnews24.com . en.
  37. Web site: Rana . Md Sohel . 2022-12-28 . ACC files graft case against MGH Group CEO GreenWatchBD . 2024-09-11 . Greenwatchbd News.
  38. News: Amin . Nurul . 2024-09-07 . ACC lacked 'courage' then, but active now . 2024-09-11 . Prothom Alo . en.
  39. News: 2024-10-16 . Businessman Anis Ahmed exempted from ACC case . 2024-10-21 . Prothom Alo . en.
  40. News: 2024-10-16 . Graft case against MGH Group CEO withdrawn . 2024-10-21 . The Daily Star . en.
  41. News: 2019-05-08 . FedEx opens service centre in Banani . 2024-06-13 . The Daily Star . en.
  42. News: 2020-01-09 . BANEX awarded at 26th US Trade Show 2019 . 2024-06-13 . The Daily Star . en.
  43. News: 2023-12-04 . MGH joins hands with Microsoft . 2024-06-13 . The Daily Star . en.
  44. News: Parvez . Sohel . 2010-01-12 . Sachets drive shampoo market . 2024-06-13 . The Daily Star . en.
  45. News: 2007-09-05 . New Gillette razor launched . 2024-06-13 . The Daily Star . en.
  46. News: 2020-10-28 . MGH Logistics appoints new regional MD . 2024-06-13 . The Daily Star . en.
  47. News: 2021-03-29 . Rokomari.com, mgX signs MoU to ensure fastest & safest deliveries . 2024-06-13 . The Business Standard . en.
  48. News: 21 September 2006 . Batexpo-2006 kicks off today . 2024-06-13 . The Daily Star.

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