Final Dividend:

  

  • 10 % Stock Dividend per Share of Tk. 10 each.(1 Share for 10 Shares held on the record date for the year 2015)

 



SAPL sets the trend ECO FRIENDLY operations by commissioning ELECTRIC FORKLIFT


Date & Time: Saturday May 21, 2016 at 11:00 AM

Record Date: March 21, 2016

Venue: Summit Alliance Port Depot (West), Katghar, South Patenga, Chittagong-4204.


An initiative of Summit Group and Alliance Holdings Limited, Summit Alliance Port Limited (SAPL) was initially incorporated as a private company under the Companies Act, 1994 on December 06, 2003 and converted to a Public Company on March 06, 2008. The Company's registered office is at Katghar, South Patenga, Chittagong – 4204 and Corporate Office at Summit Centre, 18 Kawran Bazaar C/A, Dhaka – 1215. With the permission of Securities & Exchange Commission (SEC) vide its letter SEC/CI/IPO-101/08/343 dated July 01, 2008 the Company offered its shares to the Public and after completing all the required formalities, the shares of the Company commenced its trading through both the bourses of the Country effective from October 16, 2008. In 2012 SAPL acquired Ocean Containers Limited, the pioneer in private sector Off-Dock in Bangladesh, by amalgamation and the synergy thus achieved has further strengthen our capability both in terms of capacity and quality of service thereby giving us significant competitive edge over others.


Principal activity of the company is to provide Off-Dock services to its valued clients and the services include as under:

  1. Inland Container Depot comprising transportation and storage of empty containers in the Yard and redelivery of the containers to various locations as per client’s advice.
  2. Container freight Station: Comprising activities related to Export cargo handling as well as Import cargo handling and the services include:
     • Receiving of export cargo, storage of the same in bonded warehouse, documentation to complete formalities related to export, stuffing of the cargo in the container and transportation of the same after due customs formalities to the Port Container Yard or Vessel Hook as per Client’s advice.
     • Receiving import cargo from port yard, documentation, unstuffing of the same after due customs formalities and handing over to clients.
    • Company also provides some customized services to its clients, such as Container condition survey, its repair and maintenance; Fumigation; etc.


Besides, work for establishment of a River Terminal is in full swing on 15 acres of Company’s freehold land on the bank of river Dholeswary in Mukterpur under Munshigonj district which is expected to commence operation by 4th quarter of 2014. Once in operation, the River Terminal will on the one hand help the exporters/importers to be competitive by transporting cargo by less costly river transportation and on the other will ease the pressure on the already overburdened Dhaka-Chittagong high-way.


The company has three bonded depots on around 45 acres of company’s freehold land in Patenga, between 6 and 6.5 km away from the multipurpose container vessel berths of Chittagong Port, with facilities to provide both ICD and CFS services as detailed below:
    • Warehouse facility for storage of export cargo before stuffing and transportation of the same after completing customs and other formalities: 400, 112sft including 3,260sft for specialized Garments on Hanger (GOH) Room.
    • Import Shed to hand import cargo: 19,500sft.
    • ICD facility for storage of empty container and reefer facility: 1,095,540 sft.
   • Fleet of heavy and light equipments including, amongst others, Laden Reach Stacker, Crane, High & Low Mast Forklifts of various capacities, Reach Stackers, Cargo Lift Elevator, Trailers, Prime Movers and other handling equipments like Empty Container Handlers, Side Stackers etc.
    • Standby generators of 500 KVA, 105 KVA and 300 KVA for supplying power to the entire yard and warehouses.


The company has received the Global Security Verification (GSV) certification which is the leading international business network for supporting the development and implementation of measures for enhancing global supply chain security. With this GSV certificate the company was determined by an independent 3rd party expert as having the appropriate security measures in place, as published by the U.S. Bureau of Customs and Border Protection.


Considering the immense opportunities in the sector, SAPL is striving to expand its infrastructure and facilities in order to set the standards and always remain ahead of the industry competitors. The company’s continuous investments in equipment and infrastructural development, including purchase of land coupled with the most professional management team in the industry has enabled SAPL to provide high standard of service to clients and gain a significant competitive edge. With the goodwill earned for the quality service of international standard over the years which was possible for the dedicated services provided by qualified and experienced management team and work force, SAPL enjoys an esteemed clientele list including, among others, DAMCO, Kuehne+Nagel Limited, APL Bangladesh Limited, DSV Air & Sea Limited, Maersk Bangladesh Limited and several other prestigious Freight Forwarders and Mainline Operators.


SAPL has two subsidiary companies as under:


Cemcor Limited: It is a private limited company incorporated under the Company’s Act 1994. SAPL holds all but 4 shares of the company’s 1,758,300 ordinary shares of Tk.10/- each. Cemcor, in turn, owns100% shares of Wahid Spinning Mills Limited (WSML) which was purchased from its promoters on 19th September 1999. WSML was incorporated as private limited company on 6th September 1999 under the Companies' Act 1994. Neither Cemcor nor its subsidiary (WSML) is operative.


Container Transportation Services Limited: Container Transportation Services Limited has been formed as a private limited company on 25th November 2013 under Companies Act 1994 and with main objective to transport containerized export/import to and from Chittagong Port and other Depots. Company for the purpose, imported 30 number Prime Movers with similar number of trailers and commenced its operation from July 2014.

 

Sponsors

Summit Group

Alliance Group

 
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