Additional Listing Announcement /Subdivision of Shares

BINASTRA CORPORATION BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ? No
Types of corporate proposal Rights Issue
Details of corporate proposal RENOUNCEABLE RIGHTS ISSUE OF 45,250,000 NEW ORDINARY SHARES IN BINASTRA CORPORATION BERHAD ("BINASTRA" OR "COMPANY") ("BINASTRA SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") AT AN ISSUE PRICE OF RM0.80 PER RIGHTS SHARE ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 10 EXISTING BINASTRA SHARES HELD AS AT 5.00 P.M. ON 9 APRIL 2024 ("RIGHTS ISSUE")
No. of shares issued under this corporate proposal 45,250,000
Issue price per share ($$) Malaysian Ringgit (MYR)   0.8000
Par Value($$) (if applicable)  
Latest issued share capital after the above corporate proposal in the following
Units 497,750,000
Issued Share Capital ($$) Malaysian Ringgit (MYR) 65,050,815.480
Listing Date 14 May 2024


Remarks :
The issued share capital disclosed above will be subject to adjustments for the expenses incurred by the Company for the Rights Issue.

This announcement is dated 13 May 2024.

Announcement Info

Company Name BINASTRA CORPORATION BERHAD
Stock Name BNASTRA
Date Announced 13 May 2024
Category Additional Listing Announcement /Subdivision of Shares
Reference Number ALA-13052024-00010