Page 17 - Summit Group News Today

Just months after buying into a minority ownership position of Utahs Powder Mountain Resort, Netflix co-founder and longtime CEO Reed Hastings has ascended to majority owner of the facility by way of a new $100 million investment announced Wednesday.

Muhammed Aziz Khan, chairman of Summit Group, was named the 41st richest man in Singapore this year, moving one notch up from the last year’s position on the list of Forbes’ 50 richest men.

Muhammed Aziz Khan, chairman of Summit Group, advanced one notch in this year’s Singapore’s 50 Richest list, coming at No. 41 with his net wealth of $1.12 billion.

Reed Hastings announced Wednesday he is now a majority owner of Powder Mountain Resort near Eden, Utah, and has plans for improvements for the 2023-2024 season.

Reed Hastings announced Wednesday he is now a majority owner of Powder Mountain Resort near Eden, Utah, and has plans for improvements for the 2023-2024 season.

Nancy Dugan: Anna Ryon asserts that Iowa Utilities Board staff "improperly coerced" her client not to participate in Summit's docket.

Summit Group and Excelerate Energy are set to supply LNG from 2026 for 15 years

Nagad has surrendered its non-bank financial institution (NBFI) licence as most of its shareholders are for it to become a digital bank, said Tanvir A Mishuk, managing director of the mobile financial service (MFS) provider, yesterday. 

Denmark's outgoing Ambassador to Dhaka, Winnie Estrup Peterson, has expressed her country's strong interest in collaborating with Bangladesh to build offshore wind energy projects in the country's maritime area and develop its blue economy.  She conveyed this message during a meeting with the State Minister for Power, Energy, and Mineral Resources at his office in the

Danish companies Copenhagen Infrastructure Partners (CIP) and Copenhagen Offshore Partners (COP) have submitted a $1.3 billion investment proposal to the government of Bangladesh to produce 500 megawatts of offshore wind energy.