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OTHERS BINASAT COMMUNICATIONS BERHAD ("BINASAT COMMUNICATIONS" OR "COMPANY") PUBLIC ISSUE OF 85,979,000 NEW ORDINARY SHARES IN BINASAT COMMUNICATIONS AT AN ISSUE PRICE OF RM0.46 EACH PAYABLE IN FULL ON APPLICATION IN CONJUNCTION WITH ITS LISTING ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("PUBLIC ISSUE")

BINASAT COMMUNICATIONS BERHAD

Type Announcement
Subject OTHERS
Description
BINASAT COMMUNICATIONS BERHAD ("BINASAT COMMUNICATIONS" OR "COMPANY")

PUBLIC ISSUE OF 85,979,000 NEW ORDINARY SHARES IN BINASAT COMMUNICATIONS AT AN ISSUE PRICE OF RM0.46 EACH PAYABLE IN FULL ON APPLICATION IN CONJUNCTION WITH ITS LISTING ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("PUBLIC ISSUE")

On behalf of the Board of Directors of Binasat Communications, Kenanga Investment Bank Berhad is pleased to announce the following in relation to the Public Issue:

  1. Level of subscription of public balloting and placement;
  2. Basis of allotment/allocation; 
  3. Distribution for placement tranche; and
  4. Disclosure of placees who become substantial shareholder of Binasat Communications arising from the Public Issue, if any.

Kindly refer to the attachment for further details.

 

This announcement is dated 2 January 2018.




Please refer attachment below.

Attachments

Binasat - Subscription Rate.pdf
214.2 kB



Announcement Info

Company Name BINASAT COMMUNICATIONS BERHAD
Stock Name BINACOM
Date Announced 02 Jan 2018
Category General Announcement for PLC
Reference Number GA1-02012018-00060




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