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Sat, 31st. Jul, 2010.

Tonight
-New: India's Got Talent
starts on Colors

This Sunday
-Film: Raavan
on Colors

Monday 9th August
-New: Rakt Sambandh
starts on Imagine

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-Rebrand of
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-New: Fanaa
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-New: KBC 4
starts on Sony TV

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-New: Dus Ka Dum 4
starts on Sony TV

Awaiting launch
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on Sky

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*Shows are subject to change without prior notice


Mazars: "Substantial interest" in Club Asia

Mazars reveals interest in Club AsiaThe appointed administrators for Club Asia's sale, Mazars, has told BizAsia.co.uk that the interest from potential buyers has been "substantial".

As revealed first on BizAsia.co.uk yesterday, the sale of Club Asia will be handled by Rod Weston and Tony Flynn from international accountancy firm and business recovery group, Mazars.

In a statement, Rod Weston commented, "The business has encountered difficulties due to current harsh economic conditions. We are keeping the station on air whilst marketing it for sale as a going concern. We have already received substantial interest and are liaising with a number of interested parties. We are hopeful that a sale will be achieved as Club Asia has a number of valuable strengths."

He added, "Media companies have really felt the strain as businesses seek to reduce costs. However, with its strong listener base and niche appeal, Club Asia has great potential to thrive as the upturn starts to take effect."

Mazars also informed BizAsia.co.uk that it was "difficult to say when (and if) we will announce a new owner as we have to review all the offers first to assess their suitability first. So far we have had substantial interest."

Mazars will supply information relating to the company only after signing a non-disclosure agreement to protect sensitive information about the station.

An non-disclosure agreement is a document that any party interested in purchasing the business must sign to make sure that they do not disclose any confidential details they may find out during the course of subsequent discussions. As soon as Mazars receives a signed NDA from an interested party they will begin discussions with them.

Club Asia was founded in 2003 by directors Humerah Khan and Sumerah Ahmad. The station, which has 17 employees, has been instrumental in the emergence of new Asian music stars and is widely recognised as the UK’s leading brand in the Asian youth market.

Updated: 17:32

Editor: Raj Baddhan Source: Mazars
Comments
DISCLAIMER: The views expressed here are those of the authors and are not necessarily the views of the site owner and/or moderators. If the reader considers a post to cause offence, then he or she should use the contact page to let the site administrator know. The complaint should be dealt with within 24 hours, but please respect the fact that the moderator may be living in a different time zone.

I love clubasia radio. and miss it so much. insallah and we pray that all the presenters come back on air! waiting for the special day ! xxxx

Posted by: taz
---

so long as it doesnt fall into the same hands that run other london stations!! Club Asia is a refreshing change and really miss it. Hope its back soon.

Posted by: london girl
---

This is good news! It's good to see that there is a lot of interest, because Club Asia is the best station & I hope it is all up and running soon! Would have been a big shame to see all the talented presenters go.. Wohooo!

Posted by: Moss Shahzad
---

Clubasia is a brand on its own. No other station can come near it. There is no doubt that Clubasia belongs to those who are born and brought up here. However hard these other Asian stations try there's always something lacking in their efforts.We pray that Clubasia bounces back soon and replaces the void we are feeling at the moment and most importantly we pray it does not go to those who are running other supposedly British Asian stations.

Posted by: Anonymous
---

What a shame those sisters ran it to the ground! Having followed it from the start why did they let go of the original team, now they were really talented...!! Not the people who were on it recently, let's not even mention the person on brekkie! Wouldn't it be great to bring the orignal line up back... Jas, dr psycho, kejal, Noreen and medic and so on! Hope so...x

Posted by: Anonymous
---

That is so true Anonymous!!..I remember that line up! Dr psyco, jas, the medic and the lovely noreen & kajal!
Those were the days ya.. Maybe that's where they went wrong and should'nt have let these legendary presenters go!.. Fingers crossed they come back! :)

Posted by: Shahzad Khan
---

For someone that has been following Club Asia from the start I think the station was doing great, it is a shame that these other presenters left but what is a small radio station to do when the corporate giants start offering major cash to move stations?

If i got offered good money I would move jobs, by the way who's Medic? Dr Psycho was a joke, he didn't have a clue. I really liked all their current presenters, morning and evening especially.

Posted by: Nosh
---

I would have missed my Club Asia in the mornings here in Oldham, but I don't think I'll have to miss it now, because of this interest from other companies and that innit! God has answered my prayers regarding this station. Thank you so so so much.
Noreen, the medic must have been a doctor or paramedic of some sort?
I will be watching this space like a hawk and hope that my Club Asia comes back on Sky, so that things can return to normal again hopefully.

Posted by: Anonymous
---

Clubasia was wiked mad wikked mind blowing yo it cumin bak wit a bad asss bang.

Posted by: Luton Crew
---

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