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SUMITPOWER

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SUMITPOWER 18-Oct-2021

Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefit from 19.10.2021 to 21.10.2021. Trading of the shares of the Company will remain suspended on record date i.e., 24.10.2021.

SUMITPOWER 07-Oct-2021

(Continuation news of SUMITPOWER): amounting to Taka 6,314,245,819 is recoverable based on the outcome of writ petition filed with the High Court Division of the Honorable Supreme Court of Bangladesh. Our opinion is not modified in respect of the above matters. (end)

SUMITPOWER 07-Oct-2021

(Continuation news of SUMITPOWER): A proposal for extension of the PPA of this plant is under active consideration of the Government of Bangladesh under "no-electricity, no-payment" without any guaranteed off-take. 2. Note 12.1 wherein Management has explained that the receivables from Bangladesh Rural Electrification Board (BREB) (cont.2)

SUMITPOWER 07-Oct-2021

The auditor of the Summit Power Limited has given the "Emphasis of Matter" paragraphs in the Auditor's Report for the year ended on 30 June, 2021. Emphasis of Matter: We draw users' attention to the following notes to the financial statements: 1. In note 1.3 it is mentioned that the power purchase agreement with BPDB regarding Madanganj Power Plant with 102 MW capacity expired on 31 March 2021. The operation at this plant is suspended now. (cont.1)

SUMITPOWER 27-Sep-2021

(Continuation news of SUMITPOWER): along with the name of the contact person in this connection to the Company's share office (Summit Centre, 9th Floor, 18, Karwan Bazar C/A, Dhaka-1215) on or before December 05, 2021. (end)

SUMITPOWER 27-Sep-2021

(Continuation news of SUMITPOWER): The Company has also requested the brokerage houses to provide a statement with the details (shareholders name, BO ID number, client-wise shareholding position, gross dividend receivable, applicable tax rate and net dividend receivable) of their margin loan holders who hold the shares of the Company, as on the record date, (cont. 2)

SUMITPOWER 27-Sep-2021

The Company has requested the shareholders bearing BO ID to update their respective BO Account details alone with routing number to get dividend online through BEFTN system. Also requested to update respective BO Account with 12 digits e-TIN number along with other information including contact address before record date. (cont. 1)

SUMITPOWER 27-Sep-2021

The Company has informed that management has explained that the receivable from Bangladesh Rural Electrification Board (BREB) amounting to Tk. 6,314,245,819.00 is receivable based on the outcome of writ petition filed with the High Court Division of the Honorable Supreme Court of Bangladesh.

SUMITPOWER 27-Sep-2021

The Company mentioned that the power purchase agreement with BPDP regarding Madanganj Power Plant with 102 MW capacity expired on 31 March, 2021. The operation at this plant is suspended now. A proposal for extension of the PPA of this plant is under active consideration of the Government of Bangladesh under 'no-electricity, no-payment' without any guaranteed off-taka.

SUMITPOWER 27-Sep-2021

There will be no price limit on the trading of the shares of the Company today (27.09.2021) following its corporate declaration.

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