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Dhaka Tuesday,  Jan 22, 2019

Summit Power approves 30pc cash dividend

Senior officials of Summit Power Limited seen at the 21st Annual General Meeting (AGM) of the company at Krishibid Institution Bangladesh (KIB) auditorium in the capital yesterday. Photo: Courtesy
Summit Power Limited has approved 30 per cent cash dividend to its shareholders for the year ended on 30 June 2018. The dividend was approved in presence of the Company’s shareholder at its 21st Annual General Meeting (AGM) held at Krishibid Institution Bangladesh (KIB) Complex, Farmgate, Dhaka,

Presided over by Chairman of Summit Power Limited Muhammed Aziz Khan, the meeting was attended by Vice Chairman Md Latif Khan, Director Anjuman Aziz Khan, Director Jafer Ummeed Khan, Director Md Farid Khan, Director Faisal Karim Khan, Director Azeeza Aziz Khan, Managing Director Lt Gen (Retd) Engr. Abdul Wadud, Director Faruq Ahmed Siddiqi, Director Helal Uddin Ahmed, Director Arif Al Islam, Director Mustafizur Rahman Khan, Financial Controller & Company Secretary Swapon Kumar Pal FCA and other senior officials.

Summit Power Limited (SPL) is the leading independent power producer (IPP) of Bangladesh and a publicly listed AAA rated company. Presently Summit Group is supplying 1,941 MW power to the national grid. Summit Group has received five consecutive ‘best power plant award’ from the government since 2013.

It may be mentioned that Summit Power Limited has been consistent in giving out dividend since its enlistment in the Dhaka and Chittagong Stock Exchanges in 2005.

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