MULTIPLE PROPOSALS BINASAT COMMUNICATIONS BERHAD ("BINASAT" OR "COMPANY") I. ACQUISITIONS AND LEASES OF SBP PROPERTIES; II. ACQUISITIONS OF EMPIRE CITY PROPERTIES; III. DIVERSIFICATIONS; AND IV. PRIVATE PLACEMENT (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
| BINASAT COMMUNICATIONS BERHAD |
| Type | Announcement |
| Subject | MULTIPLE PROPOSALS |
| Description | BINASAT COMMUNICATIONS BERHAD ("BINASAT" OR "COMPANY")
I. ACQUISITIONS AND LEASES OF SBP PROPERTIES;
II. ACQUISITIONS OF EMPIRE CITY PROPERTIES;
III. DIVERSIFICATIONS; AND
IV. PRIVATE PLACEMENT
(COLLECTIVELY REFERRED TO AS THE "PROPOSALS") |
We refer to the announcements dated 4 December 2024, 23 January 2025, 14 March 2025, 4 April 2025, 7 April 2025, 23 April 2025, 25 April 2025, 9 May 2025, 15 May 2025. 4 June 2025, 7 July 2025, 15 August 2025, 18 August 2025, 27 August 2025, 28 August 2025,10 September 2025, 11 September 2025 and 25 September 2025 in relation to the Proposals (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein. On behalf of the Board, TA Securities wishes to announce that BASB and the SBP Vendors have mutually agreed to further extend the SBP Completion Period by 3 months from 23 October 2025 to 23 January 2026. This announcement is dated 22 October 2025. |
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Announcement Info
| Company Name | BINASAT COMMUNICATIONS BERHAD |
| Stock Name | BINACOM |
| Date Announced | 22 Oct 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-22102025-00059 |