Date : 11 September 2025

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 and 10 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 the Private Placement was completed on 11 September 2025 following the listing of 28,137,500 Placement Shares (being the second and final tranche of the Placement Shares) on the ACE Market of Bursa Securities on 11 September 2025.

The Company wishes to inform that a total of 128,137,500 Shares were issued under the Private Placement and the Company has raised total gross proceeds of RM12,813,750 from the Private Placement.

This announcement is dated 11 September 2025.

 



Announcement Info

Company Name BINASAT COMMUNICATIONS BERHAD
Stock Name BINACOM
Date Announced 11 Sep 2025
Category General Announcement for PLC
Reference Number GA1-11092025-00008


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