| Entitlement subject |
Important Relevant Dates for Renounceable Rights |
| Description |
RENOUNCEABLE RIGHTS ISSUE OF 45,250,000 NEW ORDINARY SHARES IN BINASTRA CORPORATION BERHAD ("BINASTRA" OR "COMPANY") ("BINASTRA SHARES(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") AT AN ISSUE PRICE OF RM0.80 PER RIGHTS SHARE, ON THE BASIS OF 1 RIGHTS SHARES FOR EVERY 10 EXISTING BINASTRA SHARES HELD AS AT 5.00 P.M. ON 9 April 2024 ("RIGHTS ISSUE") |
| Despatch Date |
15 Apr 2024 |
| Date for commencement of trading of rights |
12 Apr 2024 |
| Date for cessation of trading of rights |
19 Apr 2024 |
| Date for announcement of final subscription result and basis of allotment of excess Rights Securities |
03 May 2024 |
| Last date and time for : |
| Sale of provisional allotment of rights |
18 Apr 2024 05:00 PM |
| Transfer of provisional allotment of rights |
22 Apr 2024 04:30 PM |
| Acceptance and Payment |
26 Apr 2024 05:00 PM |
| Excess share application and payment |
26 Apr 2024 05:00 PM |
| Available/Listing Date |
13 May 2024 |
| Rights Securities will be listed and quoted as the existing securities of the same class |
Yes
|
| Other important dates as the listed issuer may deem appropriate |
|
| Entitlement Details |
| Company Name |
BINASTRA CORPORATION BERHAD |
| Entitlement |
Ordinary Shares |
| Ratio (New : Existing) |
1.0000 : 10.0000
|
| Rights Issue / Offer Price |
Malaysian Ringgit (MYR)
0.8000
|
| Fractional Entitlement |
Round Down / Fraction Disregard
|