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Latest Key Developments (Source: Significant Developments)

Summit Bank Ltd Does Not Recommend Dividend
Sunday, 28 Apr 2013 08:00pm EDT 

Summit Bank Ltd announced that it has not recommended cash dividend and bonus shares for the quarter ended March 31, 2013.  Full Article

Summit Bank Ltd Not to Pay FY 2012 Dividend
Wednesday, 6 Mar 2013 07:00pm EST 

Summit Bank Ltd announced that it is not to pay dividend for the year ended December 31, 2012.  Full Article

Summit Bank Ltd Updates Details of Issuance of Preference Right Shares
Sunday, 18 Nov 2012 07:00pm EST 

Summit Bank Ltd announced that it has revised the terms for its listed, convertible, redeemable, perpetual, non-cumulative preference right shares which was issued on the basis of one share for every five shares held at par value of PKR 10 per share. The total issue amount is PKR 2,155,959,160 and the tenor is five years.  Full Article

Summit Bank Limited Announces Issuance of Preference Right Shares
Sunday, 22 Jul 2012 08:00pm EDT 

Summit Bank Limited announced that State Bank of Pakistan has approved for its issuance of perpetual, non-cumulative preference right shares and the transfers received at the Company's Registrar at the close of business on August 2, 2012 will be treated in time for the purpose of entitlement of preference right shares to the transferees.  Full Article

Summit Bank Limited Announces Change Of Chief Financial Officer
Tuesday, 17 Jul 2012 08:00pm EDT 

Summit Bank Limited announced that Mr. Muhammad Amin Bhooru, Chief Financial Officer (CFO) and Company Secretary has ceased to be the CFO & Secretary of the Bank with effect from July 10, 2012 and Syed Imran Hashmi has been appointed as Acting CFO & Company Secretary of the Bank.  Full Article

Summit Bank Limited Not To Pay Cash Dividend
Tuesday, 19 Jun 2012 08:00pm EDT 

Summit Bank Limited announced that no cash dividend was declared or recommended for the quarter ended March 31, 2012.  Full Article

Summit Bank Limited Not to Pay FY 2011 Dividend
Tuesday, 28 Feb 2012 07:00pm EST 

Summit Bank Limited announced that it is not to pay dividend for the year ended December 31, 2011.  Full Article

Summit Bank Limited Announces Public Issue of TFCs
Tuesday, 1 Nov 2011 08:00pm EDT 

Summit Bank Limited announced that it is carrying out a public issue of Term Finance Certificates (TFCs) of PKR 375 million.  Full Article

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