We refer to the announcement dated 13 October 2026 in relation to, among others, the Proposed Private Placement ("Announcement"). Unless otherwise defined, the definitions set out in the Announcement shall apply herein.
On behalf of the Board, TA Securities wishes to announce that Bursa Securities had, vide its letter dated 15 October 2026, resolved to approve the listing and quotation of up to 60,428,500 Placement Shares to be issued pursuant to the Proposed Private Placement.
The approval by Bursa Securities for the above is subject to the following conditions:
(i) Binasat and TA Securities must fully comply with the relevant provisions under the Listing Requirements pertaining to the implementation of the Proposed Private Placement;
(ii) TA Securities is required to furnish Bursa Securities with details of the proposed placee(s) as per Rule 6.16 of the Listing Requirements for Bursa Securities' clearance, prior to the issuance/ allotment of the Placement Shares;
(iii) In the event the Proposed Private Placement is not completed before the next annual general meeting, TA Securities is required to furnish Bursa Securities with a certified true copy of the resolution passed by the shareholders at the forthcoming annual general meeting for the authority to issue Shares pursuant to the Act before the listing of the Placement Shares;
(iv) Binasat and TA Securities are required to inform Bursa Securities upon completion of the Proposed Private Placement; and
(v) Binasat is required to furnish Bursa Securities with a written confirmation of its compliance with the terms and conditions of Bursa Securities' approval once the Proposed Private Placement is completed.
This announcement is dated 15 October 2026.