Summit Power Limited announcements
394 Dhaka Stock Exchange announcements for Summit Power Limited (SUMITPOWER) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2008 (21).
- The Company has informed that Bangladesh Energy Regulatory Commission (BERC) on 23rd October, 2008 has decided to issue
The Company has informed that Bangladesh Energy Regulatory Commission (BERC) on 23rd October, 2008 has decided to issue IPP licenses to Summit Uttaranchol Power Company Ltd. and Summit Purbanchol Power Company Ltd.(99% subsidiary companies of Summit Power Ltd.) for its 4 (four) under construction Power Plants approved earlier. The company also informed that if the enhancement of Bulk Supply Tariff (BST) comes into effect, the revenue of the Expansion projects of Summit Power Ltd. shall be increased by Tk. 0.14 per Kilo Watt hour subject to no increase in Gas Price by the Government.
- In response to a DSE query, the company has informed that the company has requested Power Cell, Power Division, Ministry
In response to a DSE query, the company has informed that the company has requested Power Cell, Power Division, Ministry of Power, Energy and Mineral Resources (MPEMR) to approve doubling the electricity generation capacities of the four under construction power plants of its two subsidiaries.
- As per un-audited half yearly accounts as on 30.06.08, the Company has reported consolidated net profit of Tk. 225.45 m
As per un-audited half yearly accounts as on 30.06.08, the Company has reported consolidated net profit of Tk. 225.45 m with consolidated EPS of Tk. 14.60 as against last year's half yearly of Tk. 135.24 m and Tk. 15.76 respectively.
- Normal trading of the shares of the company will resume on 15.06.08 after Record date and there will be no price limit o
Normal trading of the shares of the company will resume on 15.06.08 after Record date and there will be no price limit on the trading of the shares of the company for the same day.
- Trading of the shares of the company will remain suspended on record date i.e. 12.06.08.
Trading of the shares of the company will remain suspended on record date i.e. 12.06.08.
- Trading of the shares of the company will be allowed only in the Spot Market and Block/Odd lot transactions will also be
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 with cum benefit from 09.06.08 to 11.06.08. Trading of the shares of the company will remain suspended on record date i.e., 12.06.08.
- The Company has also reported net profit of Tk. 265.15 m with EPS of Tk. 30.90 as on 31.12.07 as against Tk. 160.19 m an
The Company has also reported net profit of Tk. 265.15 m with EPS of Tk. 30.90 as on 31.12.07 as against Tk. 160.19 m and Tk. 18.67 respectively as on 31.12.06.
- There will be no price limit on the trading of the shares of the company today (12.05.08) following its corporate declar
There will be no price limit on the trading of the shares of the company today (12.05.08) following its corporate declaration.
- The Board of Directors has recommended stock dividend @ 20% (i.e., 1 bonus share for every 5 existing shares) for the ye
The Board of Directors has recommended stock dividend @ 20% (i.e., 1 bonus share for every 5 existing shares) for the year 2007. Date of AGM : 07.08.08, Time: 11:00 AM, Venue: Bashundhara Convention Centre, Bashundhara R/A, Baridhara, Dhaka. Record date: 12.06.08.
- The Company has informed that as per regulation 30 of DSE Listing Regulations, a meeting of the Board of Directors of th
The Company has informed that as per regulation 30 of DSE Listing Regulations, a meeting of the Board of Directors of the Company will be held on 11.05.08 at 3:00 PM to consider its accounts for the year ended 31st December, 2007, appropriation of profits and about 11th AGM of the shareholders.
- The company has informed that it has credited the Right Shares to the respective shareholders' BO Accounts through Centr
The company has informed that it has credited the Right Shares to the respective shareholders' BO Accounts through Central Depository System on April 21, 2008.
- There will be no price limit on the trading of the shares of the company today (20.02.08) from 12:00 noon if there is no
There will be no price limit on the trading of the shares of the company today (20.02.08) from 12:00 noon if there is no trade recorded till 12:00 noon following the record date.
- Normal trading of the shares of the company will resume on 20.02.08 after Record date.
Normal trading of the shares of the company will resume on 20.02.08 after Record date.
- Trading of the shares of the company will remain suspended on record date i.e. 19.02.08.
Trading of the shares of the company will remain suspended on record date i.e. 19.02.08.
- Trading of the shares of the company will be allowed only in the Spot Market and Block/Odd lot transactions will also be
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 with entitlement of Right Shares from 14.02.08 to 18.02.08. Trading of the shares of the company will remain suspended on record date i.e., 19.02.08.
- The Company has further informed that the fund to be raised through issuance of Right shares totaling Tk. 995.28 million
The Company has further informed that the fund to be raised through issuance of Right shares totaling Tk. 995.28 million as announced earlier will be invested in 2 (two) of its 99% held subsidiaries namely Summit Uttaranchol Power Company Ltd., Summit Purbanchol Power Company Ltd. as equity and as working capital of Summit Power Ltd. at an amount of Tk. 389.36 million, Tk. 570.92 million and Tk. 34.99 million respectively.
- The company has informed that the subscription period for Right issue to be 9th March to 27th March 2008. Record date fo
The company has informed that the subscription period for Right issue to be 9th March to 27th March 2008. Record date for determination of entitlement of Right shares: 19.02.08.
- SEC has given consent for issuance of 68,64,000 right shares of Tk. 100.00 each at an issue price of Tk. 145.00 per shar
SEC has given consent for issuance of 68,64,000 right shares of Tk. 100.00 each at an issue price of Tk. 145.00 per share (including a premium of Tk. 45.00 each) amounting Tk. 99,52,80,000.00 only at a ratio of 4:5 i.e. four right shares for every five existing shares.
- SEC has informed the company that the commission may consider the request to review the rights issue of Summit Power Ltd
SEC has informed the company that the commission may consider the request to review the rights issue of Summit Power Ltd. subject to submission of Particulars of Directors (Form XII) certified by RJSC.
- The company has informed that SEC has regretted its inability to approve the Rights Offer of Summit Power Ltd. due to In
The company has informed that SEC has regretted its inability to approve the Rights Offer of Summit Power Ltd. due to Independent Director Mr. Syed Fazlul Haque having classified loan. The company has also informed that Mr. Syed Fazlul Haque has tendered his resignation from his position as Independent Director of the company's Board due to loan default issues as referred to the Securities and Exchange Commission's letter No. SEC/CI/RI-21/2007/44 dated January 02, 2008, and the Board in its meeting held on January 03, 2008 at 9:00 AM has accepted the resignation.
- SEC has regretted its inability to approve the Rights Offer of Summit Power Ltd. due to one of the Directors of the comp
SEC has regretted its inability to approve the Rights Offer of Summit Power Ltd. due to one of the Directors of the company is a loan defaulter.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.