Kismat FM - Ofcom Licensing
Kismat FM - Ofcom Licensing
Kismat FM - Ofcom Licensing
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Section 105(A): Ability To Maintain Proposed Service<br />
<strong>Kismat</strong><br />
Radio<br />
Ownership<br />
Company Boards<br />
The Board members of Sunrise Radio Limited and London Media Company are shown below:<br />
SUNRISE RADIO LIMITED<br />
LONDON MEDIA COMPANY<br />
COMPANY DIRECTORS<br />
Avtar Lit<br />
Surinderpal Singh (Tony) Lit<br />
Ravi Jain<br />
Shammy Batra<br />
Neil Romain<br />
Avtar Lit<br />
Shammy Batra<br />
The Directors of both Sunrise Group and LMC are well known to <strong>Ofcom</strong>.<br />
(vi) <strong>Ofcom</strong> may request additional information (e.g. a banker’s letter, statutory/management account)<br />
regarding the shareholders, or any other providers of finance, listed in the application.<br />
Documentation confirming Sunrise Group’s ability to provide finance that it has committed is available to<br />
<strong>Ofcom</strong> in the event that this should be required.<br />
Sunrise Radio Limited is an existing <strong>Ofcom</strong> licensee, and has a number of other successful businesses. It has<br />
consistently reported profits on its commercial activities, and has secure cash facilities through its bankers<br />
Allied Irish Bank Limited which are available to support its continued expansion plans, including the<br />
proposed investment in this licence.<br />
Sunrise Group will provide all the initial equity investment set out in this application. It will also provide<br />
through its group facilities any further funding that is necessary to establish the station.<br />
Section 105 (A): Page 7
Change language