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OTHERS BINASAT COMMUNICATIONS BERHAD ("BINASAT" OR "COMPANY") EXTENSION OF TIMEFRAME FOR THE UTILISATION OF PROCEEDS FROM THE INITIAL PUBLIC OFFERING

BINASAT COMMUNICATIONS BERHAD

Type Announcement
Subject OTHERS
Description
BINASAT COMMUNICATIONS BERHAD ("BINASAT" OR "COMPANY")
EXTENSION OF TIMEFRAME FOR THE UTILISATION OF PROCEEDS FROM THE INITIAL PUBLIC OFFERING

The Board of Directors of the Company (“Board”) wishes to announce that the Company intends to extend the timeframe for the utilisation of proceeds raised from the initial public offering (“IPO”) exercise as disclosed in the Company’s Prospectus dated 13 December 2017 that was issued in conjunction with the Company’s listing of and quotation for its entire share capital on the ACE Market of Bursa Malaysia Securities Berhad on 8 January 2018. The Company had raised gross proceeds of approximately RM39.55 million from its IPO.

 

Please refer to the attachment for further details.

 

This announcement is dated 10 April 2019.

 




Please refer attachment below.



Announcement Info

Company Name BINASAT COMMUNICATIONS BERHAD
Stock Name BINACOM
Date Announced 10 Apr 2019
Category General Announcement for PLC
Reference Number GA1-10042019-00098




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