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SUMITPOWER

All Eps Dividend Board Agm Q1 Q2 Q3

SUMITPOWER 04-May-2015

There will be no price limit on the trading of the shares of the Company today (04.05.2015) following its corporate declaration.

SUMITPOWER 04-May-2015

The Board of Directors has recommended 10% cash dividend and 5% stock dividend for the year ended on December 31, 2014. Date of AGM: 28.06.2014. Time: 12:00 noon, Venue: Police Convention Hall, Eskaton Garden Road, Ramna, Dhaka-1000. Record Date: 17.05.2015. The Company has also reported EPS of Tk. 3.26, NAV per share of Tk. 26.43 and NOCFPS of Tk. 4.42 for the year ended on December 31, 2014.

SUMITPOWER 29-Apr-2015

As per Regulation 30 of DSE Listing Regulations, the Company has informed that a meeting of the Board of Directors will be held on April 30, 2015 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2014.

SUMITPOWER 03-Mar-2015

(continuation of news of SUMITPOWER): a HFO-Fired Power Generation Facility of 55 MW (Installed capacity 63 MW) at Madanganj, Narayanganj, Bangladesh with Bangladesh Power Development Board (BPDB) along with the Implementation Agreements (IA) with the Government of Bangladesh (GOB) for the facilities.(end)

SUMITPOWER 03-Mar-2015

The Company has informed that Summit Barisal Power Limited and Summit Narayanganj Power Unit II Limited (49% shareholding companies of Summit Power Limited) have signed the Power Purchase Agreements (PPA) for the development of a HFO-Fired Power Generation Facitly of 110 MW (Installed capacity 119 MW) at Rupatali, Barisal, Bangladesh and (cont.)

SUMITPOWER 01-Jan-2015

The Company has informed that after receiving BSECs consent the Board of Directors of Summit Power Limited (SPL) has approved further allotment of SPLs 10,67,91,361 Ordinary Shares of Tk. 10.00 each in favour of Summit Industrial and Mercantile Corporation (Pvt.) Ltd. (SIMCL) in exchange for acquisition of 20,39,71,500 shares of Tk. 10.00 each of Summit Meghnaghat Power Company Limited (SMPCL), equal to 30% of the SMPCLs Equity, in the ratio of 1.91 SMPCL shares for 1 share of Summit Power Limited.

SUMITPOWER 04-Dec-2014

Credit Rating Information and Services Limited (CRISL) has rated the Company as "AA+" in the long term and "ST-1" in the short term in consideration of audited financials of the Company up to December 31, 2013, unaudited financials up to September 30, 2014 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

SUMITPOWER 10-Nov-2014

Normal trading of the shares of the Company will resume on 11.11.2014 after record date for EGM.

SUMITPOWER 09-Nov-2014

Trading of the shares of the Company will remain suspended on record date i.e., 10.11.2014 for EGM.

SUMITPOWER 05-Nov-2014

Trading of the shares of the Company will be allowed only in the Spot Market and Block/Odd lot transactions will also be settled as per Spot settlement cycle from 06.11.2014 to 09.11.2014. Trading of the shares of the Company will remain suspended on record date i.e., 10.11.2014 for EGM.

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