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) : OTHER ISSUE OF SECURITIES BINASAT COMMUNICATIONS BERHAD ("BINASAT" OR THE "COMPANY") 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 ("SPECIAL ISSUE")

BINASAT COMMUNICATIONS BERHAD

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

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 ("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, 22 January 2019,11 October 2019, 15 October 2019 and 18 October 2019 in relation to the Special Issue (“Announcement”).

 

On behalf of the Board, Kenanga IB wishes to announce that the Board had on 9 December 2019, fixed the issue price for the Special Issue Shares at RM0.3135 each.

 

The issue price of the Special Issue Shares of RM0.3135 each represents a discount of approximately RM0.0042 or 1.32% to the 5-day VWAMP of Binasat Shares up to and including 6 December 2019, being the last trading day immediately preceding the price-fixing date, of RM0.3177 per Binasat Share.

 

This announcement is dated 9 December 2019






Announcement Info

Company Name BINASAT COMMUNICATIONS BERHAD
Stock Name BINACOM
Date Announced 09 Dec 2019
Category General Announcement for PLC
Reference Number GA1-09122019-00007




Close