As part of business expansion plan, Summit Power Limited (SPL) has made changes in its Memorandum of Association (MA) at the 16th Extra-Ordinary General Meeting (EGM) held at Krishibid Institution Complex, Dhaka. With these changes Summit Power Limited will be able to generate electricity for Bangladesh Power Development Board (BPDB) in addition to Bangladesh Rural Electrification Board (BREB). Furthermore, Summit Power Limited will be able to generate electricity for others in both Bangladesh and abroad subject to permission from the concerned authority.
Presided over by the Chairman of Summit Group of Companies Muhammed Aziz Khan, the meeting was attended by Vice Chairman Md. Latif Khan, Managing Director Lt Gen (Retd) Engr. Abdul Wadud and other Directors Farid Khan, Jafer Ummeed Khan, Faisal Karim Khan, Azeeza Aziz Khan, Arif Al Islam, Helal Uddin Ahmed, Syed Fazlul Haque (FCA) and Company Secretary Swapon Kumar Pal (ACA) among other senior officials. A large number of shareholders also attended in the meeting.
The Summit Power Limited has consistently announced dividend since it became publicly listed company in Bangladesh.