Corporate DisclosureSUMITPOWER

SUMITPOWER Corporate Disclosure — 25 October 2020

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Last verified by BullBD

Announcement summary

What happened
SUMITPOWER published a corporate disclosure on 25 October 2020. Read the full announcement for details.
Company
Summit Power Limited
Announcement published

Original announcement

(Continuation news of SUMITPOWER): Honorable Supreme Court. Our opinion is not modified in respect of this matter. Note-12.1: Out of total receivables from BREB, invoices amounting to 5,498,786,122 raised by the Company, pertaining to the three Expansion Power Plants, have yet not been accepted by BREB due to using different unit rate in calculating revenue. As per contracts for supply of electricity and Government's gazette notification, the Company (cont.2)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
616ace8c5a6b000040055b51
Original publication
Last verified by BullBD
Translation
BullBD
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