Highlights:
add free Download App
premium Premium Account

Last Price Change Volume
KLSE Market Watch
Open: Day Range: Prev Close:


NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING BINASAT COMMUNICATIONS BERHAD ("BINASAT" OR THE "COMPANY") PROPOSED SPECIAL ISSUE OF 17,932,200 NEW ORDINARY SHARES OF BINASAT TO BUMIPUTERA INVESTORS TO BE IDENTIFIED AND/ OR APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY ("PROPOSED SPECIAL ISSUE")

BINASAT COMMUNICATIONS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
BINASAT COMMUNICATIONS BERHAD ("BINASAT" OR THE "COMPANY")

PROPOSED SPECIAL ISSUE OF 17,932,200 NEW ORDINARY SHARES OF BINASAT TO BUMIPUTERA INVESTORS TO BE IDENTIFIED AND/ OR APPROVED BY THE MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY ("PROPOSED SPECIAL ISSUE")

Unless otherwise stated, all capitalised terms set out herein shall have the same meanings as those set out in Binasat’s announcement dated 5 December 2018 and 22 January 2019 in relation to the proposal to comply with the Bumiputera Equity Requirements.

 

On behalf of the Board, Kenanga IB is pleased to announce that the Company proposes to undertake the Proposed Special Issue to comply with the Bumiputera Equity Requirements.

 

Please refer to the attachment for further details.

 

This announcement is dated 11 October 2019.




Please refer attachment below.



Announcement Info

Company Name BINASAT COMMUNICATIONS BERHAD
Stock Name BINACOM
Date Announced 11 Oct 2019
Category General Announcement for PLC
Reference Number GA1-11102019-00009




Close