DSE:SUMITPOWER

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 2009 (20).

  1. (continuation of news of Summit Power Ltd.) : Bangladesh Power Development Board (BPDB), Power Division, Ministry of Pow

    (continuation of news of Summit Power Ltd.) : Bangladesh Power Development Board (BPDB), Power Division, Ministry of Power, Energy & Mineral Resources, Govt. of the People's Republic of Bangladesh. The Company has further informed through verbal communication that at present there is no financial benefit from the said venture. However, if the tender is awarded in favour of the company then there may have financial benefit from the said venture.(End)

    The first part of this announcement is missing from the archive.
  2. (continuation of news of Summit Power Ltd.): power Division, Ministry of Power, Energy & Mineral Resources, Govt. of the

    (continuation of news of Summit Power Ltd.): power Division, Ministry of Power, Energy & Mineral Resources, Govt. of the People's Republic of Bangladesh be hereby approved.2. That the company, as lead bidder in Joint Venture with Summit Industrial & Mercantile Corporation (Pvt.) Ltd. (SIMCL), will participate in the Bids for Installation of Power Plant, its Operation & Maintenance Services and Supply of Electricity to Bangladesh Power Development Board on Rental basis for 5years for 100 MW (? 10%) furnace oil project at Noapara, Jessore and for 100 MW (? 10%) furnace oil project at Madanganj, Narayangaj under (continue-2)

    The first part of this announcement is missing from the archive.
  3. The company has informed that the Board of Directors of the company has taken following decisions: 1. The proposal of th

    The company has informed that the Board of Directors of the company has taken following decisions: 1. The proposal of the management for forming Joint Venture with Summit Industrial & Mercantile Corporation (Pvt.) Limited (SIMCL), with 45:55 ratio for SIMCL and SPL respectively in the equity and on other terms as stipulated in the Agreement placed, for bidding in Installation of Power Plant, its Operation & Maintenance Services and Supply of Electricity to Bangladesh Power Development Board on Rental Basis for 5 years for 100 MW (? 10%) furnace oil project at Noapara, Jessore and for 100 MW (? 10%) furnace oil project a Madanganj, Narayanganj under Bangladesh Power Development Board (BPDB), (continue-1)

  4. (THIRD QUARTERLY FINANCIAL STATEMENTS): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September

    (THIRD QUARTERLY FINANCIAL STATEMENTS): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2009 (from 01.07.09 to 30.09.09), the company has reported Net profit after tax of Tk. 209.73 million with EPS of Tk. 9.43 whereas net profit after tax was Tk. 531.82 million with EPS of Tk. 23.91 for the period of nine months ended on 30.09.09 (from 01.01.09 to 30.09.09).

  5. The company has informed that Summit Uttaranchol Power Company Limited (SUPCL) and Summit Purbanchol Power Company Limit

    The company has informed that Summit Uttaranchol Power Company Limited (SUPCL) and Summit Purbanchol Power Company Limited (SPPCL), 99% Subsidiaries of Summit Power Limited (SPL), today, has signed an agreement with Industrial and Infrastructure Development Finance Company Limited (IIDFC) regarding conversion of the term loan facilities into redeemable preference shares subject to the approval of the Regulatory Authorities and of the shareholders of the respective companies' in EGMs. The conversion may save approximately 3% funding cost of both the companies.

  6. As per un-audited half yearly accounts as on 30.06.09, the Company has reported consolidated net profit of Tk. 322.52 m.

    As per un-audited half yearly accounts as on 30.06.09, the Company has reported consolidated net profit of Tk. 322.52 m. with consolidated EPS of Tk. 14.50 as against last year's half yearly of Tk. 225.45 m. and Tk. 10.14 (restated) respectively.

  7. The company has informed that it has credited the Stock Dividend for the year 2008 to the respective shareholders' BO Ac

    The company has informed that it has credited the Stock Dividend for the year 2008 to the respective shareholders' BO Accounts on 30.06.09.

  8. The company has informed that after successful testing and commissioning, the 33 MW Power Plant of Jangalia, Comilla of

    The company has informed that after successful testing and commissioning, the 33 MW Power Plant of Jangalia, Comilla of Summit Purbanchol Power Company Limited (a 99% Subsidiary of Summit Power Limited) has started its commercial operation. In this regard, a letter has been sent to Bangladesh Power Development Board (BPDB) for their necessary action.

  9. The company has informed that after successful testing and commissioning, the 33 MW Power Plant of Rupganj, Narayanganj

    The company has informed that after successful testing and commissioning, the 33 MW Power Plant of Rupganj, Narayanganj of Summit Purbanchol Power Company Limited (a 99% Subsidiary of Summit Power Limited) has started its commercial operation.

  10. Normal trading of the shares of the company will resume on 17.05.09 after Record date and there will be no price limit o

    Normal trading of the shares of the company will resume on 17.05.09 after Record date and there will be no price limit on the trading of the shares of the company for the same day.

  11. Trading of the shares of the company will remain suspended on record date i.e., 14.05.09.

    Trading of the shares of the company will remain suspended on record date i.e., 14.05.09.

  12. The company has informed that after successful testing and commissioning, the 33 MW Power Plant of Maona, Gazipur of Sum

    The company has informed that after successful testing and commissioning, the 33 MW Power Plant of Maona, Gazipur of Summit Uttaranchol Power Company Limited (a 99% Subsidiary of Summit Power Limited) has started its commercial operation. In this regard, a letter has been sent to Rural Electrification Board (REB) for their necessary action.

  13. 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 11.05.09 to 13.05.09. Trading of the shares of the company will remain suspended on record date i.e., 14.05.09.

  14. The Company has also reported net profit of Tk. 460.21 m. with EPS of Tk. 25.71 as on 31.12.08 as against Tk. 265.15 m.

    The Company has also reported net profit of Tk. 460.21 m. with EPS of Tk. 25.71 as on 31.12.08 as against Tk. 265.15 m. and Tk. 30.90 respectively as on 31.12.07.

  15. There will be no price limit on the trading of the shares of the company today (23.04.09) following its corporate declar

    There will be no price limit on the trading of the shares of the company today (23.04.09) following its corporate declaration.

  16. The company has also informed that the Board of Directors has resolved that value of company's fixed assets on 31 Decemb

    The company has also informed that the Board of Directors has resolved that value of company's fixed assets on 31 December 2008 at Tk. 6,064,568,291, as reported by S F Ahmed & Co., Chartered Accountants & Valuers be adopted with incorporation of the revaluation surplus, amounting Tk. 794,231,503, in the company's financial statements for the year ended on that date.

  17. The Board of Directors has recommended stock dividend @ 20% (i.e., 1 Bonus share for every 5 shares held) for the year 2

    The Board of Directors has recommended stock dividend @ 20% (i.e., 1 Bonus share for every 5 shares held) for the year 2008. Date of AGM: 25.06.09, Time: 10:30 AM, Venue: Bangladesh-China Friendship Conference Centre, Agargaon, Sher-E-Bangla Nagar, Dhaka. Record date: 14.05.09.

  18. As per regulation 30 of DSE Listing Regulations the company has informed that a meeting of the Board of Directors of the

    As per regulation 30 of DSE Listing Regulations the company has informed that a meeting of the Board of Directors of the company scheduled to be held on April 22, 2009 at 04:00 PM to consider its accounts for the year ended 31st December, 2008, appropriation of profits and about 12th AGM.

  19. In response to a DSE query, the company has informed that there is no undisclosed price sensitive information of the com

    In response to a DSE query, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike.

  20. The company has informed that after successful testing and commissioning, the 11 MW Power Plant of Ullapara, Sirajong of

    The company has informed that after successful testing and commissioning, the 11 MW Power Plant of Ullapara, Sirajong of Summit Uttaranchol Power Company Limited (a 99% Subsidiary of Summit Power Limited) has started its commercial operation.

Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.