Published:  12:32 AM, 12 November 2017

Subscription closing ceremony of Summit Power held

Subscription closing ceremony of Summit Power held

A subscription closing ceremony to raise capital through issuance of preference shares worth Tk  1,00 crore for Summit Barisal Power Limited & Summit Narayanganj Power Unit II Limited, concerns of Summit Group held on November 9, 2017 at Pan Pacific Sonargaon Dhaka. LankaBangla Finance Limited has acted as the Mandated Arranger, LankaBangla Investments Limited acted as the Issue Manager and The City Bank Limited acted as the agent account bank custodian Bank to raise the fund.

In the event, Mr. Lt Gen (Retd) Engineer Abdul Wadud, managing director of Summit Barisal Power Limited & Summit Narayanganj Power Unit II Limited, Mr Khwaja Shahriar, managing director & CEO of LankaBangla Finance Limited, Mr Mohammad Nasir Uddin Chowdhury, managing director of LankaBangla Capital Market Operations, Mr Mominul Islam, managing director and CEO of IPDC Finance Limited, Mr R Q M Forkan, Managing Director & CEO of Bangladesh Commerce Bank Limited, Mr Faruq M. Ahmed, Additional Managing Director of Trust Bank Limited, Mr Akthar Hamid Khan, Deputy Managing Director of Pubali Bank Limited, Mr Arif Hasan Khan, Vice -president of Modhumoti Bank Limited, Mr Mohammad Ibrahim Khalil, FCA, Vice-president & CFO of Bank Asia Limited and Mr Mahbub Jamil, Vice-president and Head of Structured Finance of The City Bank Limited along with other senior officials from the companies were present.

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