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 58,244,300 NEW ORDINARY SHARES IN BINASAT COMMUNICATIONS BERHAD ("BINASAT SHARE(S)" OR "SHARE(S)") ("PLACEMENT SHARE(S)"), REPRESENTING NOT MORE THAN 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES, IF ANY) ("PRIVATE PLACEMENT") |
| No. of shares issued under this corporate proposal | 11,000,000 |
| Issue price per share ($$) | Malaysian Ringgit (MYR) 0.2500 |
| Par Value($$) (if applicable) | Malaysian Ringgit (MYR) 0.000 |
Latest issued share capital after the above corporate proposal in the following |
|
| Units | 411,295,506 |
| Issued Share Capital ($$) | Malaysian Ringgit (MYR) 102,616,583.000 |
| Listing Date | 28 Jun 2024 |
| Remarks : |
The 11,000,000 new Shares were allotted and issued pursuant to the Private Placement that was announced on 21 November 2023. |
Announcement Info
| Company Name | BINASAT COMMUNICATIONS BERHAD |
| Stock Name | BINACOM |
| Date Announced | 27 Jun 2024 |
| Category | Additional Listing Announcement /Subdivision of Shares |
| Reference Number | ALA-26062024-00010 |