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UPGDCL

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UPGDCL 16-Sep-2015

(continuation news of UPGDCL): UPGDCL has ninety (90) days to take all necessary steps to achieve successful acquisition of the Transferor Companies. As such, we wish to inform you that within ninety (90) days the Company has been able to finish valuation of the Transferor Companies through KPMG and a scheme for acquisition has been prepared and approved by the Company's Board at the Board Meeting dated 15 September, 2015. (end)

UPGDCL 16-Sep-2015

The Company has informed that the Board of Directors of the Company has decided the following: (I) Subject to compliance with prescribed procedure under the Companies Act, 1994 amalgamation of the sister concerns of the Company, namely, United Ashuganj Power Limited and Shajahanullah Power Generation Company Limited (the Transferor Companies"), with the Company has been approved. This amalgamation of the Transferor Companies with the Company will boost the Company to grow its business, (cont.1)

UPGDCL 24-Jun-2015

(Continuation news of UPGDCL): 2. That the Memorandum of Understanding (MoU) Placed to the Board in order to acquire UAPL and SPGCL by UPGDCL be and is hereby approved. 3. That the acquisition will be executed using UPGDCLs own fund without issuing any further share. The Company has decided to take all necessary steps to achieve successful acquisition of the power companies within 90 days. (end.)

UPGDCL 24-Jun-2015

The Company has informed that the Board of Directors has taken the following decisions: 1. That the Company (UPGDCL) has decided to enhance its capacity by acquiring United Ashuganj Power Ltd. (UAPL) -a 53 MW gas fired power plant and Shajahanullah Power Generation Co. Ltd. (SPGCL) a 28 MW gas fired power plant after completion of necessary formalities and approvals.(Cont.)

UPGDCL 30-Apr-2015

The Board of Directors has recommended 30% cash dividend and 10% stock dividend for the year ended on 31.12.2014 and 35% cash dividend for the year ended on 31.12.2013. Date of AGMs for 2013 & 2014: 24.06.2015, Time of AGMs: 11:00 AM and 12:00 noon respectively, Venue: Army Golf Club, Airport road, Dhaka. Record Date for both AGMs: 20.05.2015. (Cont.)

UPGDCL 29-Apr-2015

The Company has further informed that the meeting of the Board of Directors of the Company will now be held on April 29, 2015 at 2:30 PM instead of 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2014.

UPGDCL 27-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 29, 2015 at 4:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2014.

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