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SUMITPOWER

All Eps Dividend Board Agm Q1 Q2 Q3

SUMITPOWER 20-Dec-2016

(Continuation news of SUMITPOWER): merged financial statements for these companies as a single entity with retrospective effect from the appointed date. Note 1.4: Management discloses that the Legacy Power Purchase Agreement relating to Madanganj Power Plant (formerly under summit Narayanganj Power limited) with Bangladesh Power Development Board expired on 31 March 2016 and explains why it believes the agreement will be extended for another five years. Note 30.1: Management accounted for (cont.2)

SUMITPOWER 13-Oct-2016

The Company has informed that The Board of Directors has taken decision to extend the current financial year of the Company for 18 (eighteen) months from 1st January 2016 to 30th June 2017 with the approval of Register of Joint Stock Companies & Firms (RJSC&F) as per section 183 (4) of the Companies Act, 1994.

SUMITPOWER 06-Oct-2016

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 October 10, 2016 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on September 30, 2016.

SUMITPOWER 21-Sep-2016

(Continuation news of SUMITPOWER): on September 08, 2016 from Bangladesh Power Development Board and Board of Directors of the Company has given consent to accept the same. The facility will be implemented on Build, Own and Operate (BOO) basis for a period of 15 years from the Commercial Operation Date (COD). Further information on the acquisition will be disseminated after getting information from the company. (end)

SUMITPOWER 03-Aug-2016

The Company has further informed that their Board of Directors has taken the following decisions: a) August 23, 2016 has been fixed as the Record Date for closing of share transfer book of Summit Purbanchol Power Company Limited (SPPCL), Summit Uttaranchol Power Company Limited (SUPCL) and Summit Narayanganj Power Limited (SNPL) and members whose names will appear in the Members' Register/Depository Register on the record date be eligible to get shares of Summit Power Limited in exchange (cont.)

SUMITPOWER 28-Jul-2016

(Continuation news of SUMITPOWER): valuation exercise being undertaken and completed within that time frame. Pursuant to the recommendation of the High Court Division as contained in its judgment dated 14th July, 2016 in the Company matter no. 68 of 2016, the board of directors of SPPCL, SUPCL, SNPL and SPL have resolved to appoint an independent valuer to undertake a valuation of the shares of all the companies under reference as on the 31st December, 2015, the appointed date of the merger, (cont. 3)

SUMITPOWER 28-Jul-2016

(Continuation news of SUMITPOWER): for the purpose of Section 228 read with Section 229 of the Companies Act, 1994. Furthermore it has been ordered that the merger of Transferor and Transferee companies shall be deemed to be effective on the date a certified copy of this judgment and order i.e. on 26th July, 2016, and as decided by the board of directors of all the four companies, is delivered to RJSC&F for registration within 8 weeks of the receipt of this judgment and order with the independent (cont. 2)

SUMITPOWER 09-May-2016

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 May 14, 2016 at 12:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2016.

SUMITPOWER 16-Mar-2016

The Company has informed that the Board of Directors of the Company has approved the followings: a) considered the proposal of merger of Summit Purbanchol Power Company Limited, Summit Uttranchol Power Company Limited and Summit Narayanganj Power Limited with Summit Power Limited with December 31, 2015 as the appointed date subject to approval from High Court Division of the Supreme Court of Bangladesh and other legal/regulatory authorities; (cont.1)

SUMITPOWER 16-Mar-2016

The Board of Directors has recommended 12% cash and 6% stock dividend for the year ended on December 31, 2015. Date of AGM: 27.04.2016, Time: 10:30 AM, Venue: Krisibid Institute Complex BD. (KIB), Krishi Khamar Sarak (Khamarbari) Farmgate, Dhaka-1215. Record Date: 05.04.2016. The Company has also reported EPS of Tk. 3.76, NAV per share of Tk. 28.73 and NOCFPS of Tk. 4.46 for the year ended on December 31, 2015.

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