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SUMITPOWER

All Eps Dividend Board Agm Q1 Q2 Q3

SUMITPOWER 22-Oct-2018

There will be no price limit on the trading of the shares of the Company today (22.10.2018) following its corporate declaration.

SUMITPOWER 22-Oct-2018

(Continuation news of SUMITPOWER): as against Tk. 4.00 (restated), Tk. 29.33 (restated) and Tk. 4.00 (restated) respectively for the same period of the previous year. The company has restated their financials by correcting some errors of the following affected financial statements line items for prior years: Asset Retirement Obligation (ARO), Provision for Gratuity, Deferred Tax and Investment in Associates. (end)

SUMITPOWER 22-Oct-2018

The Board of Directors has recommended 30% cash dividend for the year ended on June 30, 2018. Date of AGM: 09.12.2018, Time: 11:30 AM, Venue: Krishibid Institution Bangladesh Complex. South Block, Lebel # B-1, Krishi Khamar Sarak, Farmgate, Dhaka-1215. Record Date: 11.11.2018. The Company has also reported EPS of Tk. 4.40, NAV per share of Tk. 31.26 and NOCFPS of Tk. 4.54 for the year ended on June 30, 2018 (cont.)

SUMITPOWER 15-Oct-2018

As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 21, 2018 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2018.

SUMITPOWER 16-Jul-2018

The Company has further informed that after successful installation, testing and commissioning, the 149 MW (HFO/Gas Fired) Power Plant at Kodda, Gazipur of Ace Alliance Power Limited (64% owned Company of Summit Power Limited) has started its commercial operation within schedule on July 12, 2018. The project is being operated on Build, Own and Operate (BOO) basis for a period of 15 years commencing on Commercial Operation Date (COD).

SUMITPOWER 17-May-2018

Credit Rating Information and Services Limited (CRISL) has rated the Company as "AAA" in the long term and "ST - 1" in the short term along with a stable outlook based on audited financial statements of the Company up to June 30, 2017, unaudited financials up to December 31, 2017 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

SUMITPOWER 13-May-2018

Referring to its earlier news disseminated on 16.08.2017, the Company has further informed that after successful testing and commissioning, the 300 MW HFO fired power plant at Kodda, Gazipur of Summit Gazipur II Power Limited (a 20% owned Company of Summit Power Limited) has started its commercial operation within schedule (9 months from the date of LOI) on 10.05.2018. The project is being operated on Build, Own and Operate (BOO) basis for a period of 15 years commencing on Commercial Operation Date (COD).

SUMITPOWER 30-Apr-2018

(Q3 Un-audited): Consolidated EPS was Tk. 1.04 for January-March 2018 as against Tk. 0.77 for January-March 2017; Consolidated EPS was Tk. 3.37 for July 2017-March 2018 as against Tk. 2.74 for July 2016-March 2017. Consolidated NOCFPS was Tk. 3.83 for July 2017-March 2018 as against Tk. 3.19 for July 2016-March 2017. Consolidated NAV per share was Tk. 29.09 as on March 31, 2018 and Tk. 29.02 as on June 30, 2017.

SUMITPOWER 22-Apr-2018

As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on April 26, 2018 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2018.

SUMITPOWER 03-Apr-2018

(Continuation news of SUMITPOWER): at cost (Book Value) for establishment of a 149 MW (HFO/Gas fired) power project on the said land with acquisition of more conjoining land thereof, if required. Registration and other required formalities for the transfer of the land to the transferee are in the process. (end)

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