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SUMITPOWER

All Eps Dividend Board Agm Q1 Q2 Q3

SUMITPOWER 27-Jan-2020

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 January 30, 2020 at 2:45 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2019.

SUMITPOWER 07-Nov-2019

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 November 13, 2019 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2019.

SUMITPOWER 14-Oct-2019

(Continuation news of SUMITPOWER): Note 1.3 Ashulia Power Plant (Unit-I), Madhabdi Power Plant (Unit-I) and Chandina Power Plant (Unit-I) - extension of Power Purchase Agreement: The Group contracted with Bangladesh Rural Electrification Board ("BREB") for Power Purchase Agreement ("PPA") on 10 February 2000 to supply electricity from Ashulia power plant, Madhabdi power plant and Chandina power plant ("the plants") for 15 years to 31 August 2018(cont. 3)

SUMITPOWER 14-Oct-2019

Emphasis of Matter: Auditor draws attention to the following notes to the financial statements: Note 11.1 wherein Management has explained that the receivables from Bangladesh Rural Electrification Board (BREB) is recoverable based on the outcome of writ petition filed in the High Court Division of the Honorable Supreme Court. Note 1.3 wherein the Management has explained that it is currently in negotiations with BREB for amendment of Power Purchase Agreement (PPA), (cont. 1)

SUMITPOWER 23-Sep-2019

The Board of Directors has recommended 35% cash dividend for the year ended on June 30, 2019. Date of AGM: 24.11.2019, Time: 11:30 AM, Venue: Krishibid Institution Bangladesh Complex (KIB), Krishi Khamar Sarak (Khamarbari), Farmgate, Dhaka-1215. Record Date: 17.10.2019. The Company has also reported EPS of Tk. 4.78, NAV per share of Tk. 32.40 and NOCFPS of Tk. 5.67 for the year ended on June 30, 2019 as against Tk. 4.40, Tk. 31.26 and Tk. 4.54 respectively for the same period of the previous year.

SUMITPOWER 16-Sep-2019

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 September 22, 2019 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on June 30, 2019.

SUMITPOWER 17-Apr-2019

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 22, 2019 at 12:00 Noon to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on March 31, 2019.

SUMITPOWER 31-Jan-2019

(Continuation news of SUMITPOWER): This land was originally purchased by SPL, keeping in mind the future expansion strategy of the company. The board has also approved acquisition of land conjoining the power plant, if required. Registration and other required formalities for the transfer of this land to the transferee are in due process. (end)

SUMITPOWER 31-Jan-2019

The Company has informed that pursuant to the decision of the board of the company, the management has taken necessary initiative to transfer of ownership of SPL's 8.34 acres land in Kodda, Gazipur at book value to Summit Gazipur II Power Limited (SGIIPL), an associate company of SPL, where currently the 300 MW (HFO Fired) power plant is in operation. (cont.)

SUMITPOWER 22-Jan-2019

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 January 27, 2019 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on December 31, 2018.

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