Additional Listing Announcement /Subdivision of Shares
| BINASAT COMMUNICATIONS BERHAD |
1. Details of Corporate Proposal |
|
| Involve issuance of new type/class of securities ? | No |
| Types of corporate proposal | Private Placement |
| Details of corporate proposal | PRIVATE PLACEMENT OF UP TO 128,137,500 NEW ORDINARY SHARES IN BINASAT ("BINASAT SHARE(S)" OR "SHARE(S)"), REPRESENTING NOT MORE THAN 30% OF THE ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES, IF ANY) TO THIRD PARTY INVESTOR(S) ("PRIVATE PLACEMENT") |
| No. of shares issued under this corporate proposal | 28,137,500 |
| Issue price per share | Malaysian Ringgit (MYR) 0.1000 |
| Par Value (if applicable) | Malaysian Ringgit (MYR) 0.000 |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 604,285,839 |
| Issued Share Capital | Malaysian Ringgit (MYR) 128,337,100.430 |
| Listing Date | 11 Sep 2025 |
| Remarks : |
The 28,137,500 new Shares were allotted and issued pursuant to the Private Placement that was announced on 4 December 2024. |
Announcement Info
| Company Name | BINASAT COMMUNICATIONS BERHAD |
| Stock Name | BINACOM |
| Date Announced | 10 Sep 2025 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-10092025-00010 |