Summit Power approves 35% cash dividend
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Dhaka, Nov. 24 -- Summit Power Limited approved 35 percent cash dividend to its shareholders for the year ended on June 30, 2019. The dividend was approved in presence of the Company's shareholder at its 22nd Annual General Meeting (AGM) held at Dhaka on 24th of November 2019.
Chairman of Summit Power Limited Muhammed Aziz Khan said, "After two consecutive years of offering 30% dividend, we are happy to announce 35% dividend this year."
He also added, "This year to ensure best maintenance of the power plants, Summit awarded Wartsila, the Finnish technology group biggest ever signed service deal, in terms of MW generation, in the Bangladesh's power and energy sector. For project financing of Ace Alliance Power Limited (AAPL), we raised c...
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