1. Details of Corporate Proposal
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Involve issuance of new type/class of securities ?
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No
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Types of corporate proposal
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Private Placement
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Details of corporate proposal
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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”)
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No. of shares issued under this corporate proposal
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15,829,500
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Issue price per share
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Malaysian Ringgit (MYR)
0.1650
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Par Value (if applicable)
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Latest issued share capital after the above corporate proposal in the following
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| Units |
427,125,006
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| Issued Share Capital |
Malaysian Ringgit (MYR) 105,228,450.500
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| Listing Date |
28 Jan 2025
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