NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING BINASAT COMMUNICATIONS BERHAD ("BINASAT" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 58,244,300 NEW ORDINARY SHARES IN BINASAT ("BINASAT SHARE(S)" OR "SHARE(S)") ("PLACEMENT SHARE(S)"), REPRESENTING NOT MORE THAN 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES, IF ANY) ("PROPOSED PRIVATE PLACEMENT")

BINASAT COMMUNICATIONS BERHAD ("BINASAT" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT OF UP TO 58,244,300 NEW ORDINARY SHARES IN BINASAT ("BINASAT SHARE(S)" OR "SHARE(S)") ("PLACEMENT SHARE(S)"), REPRESENTING NOT MORE THAN 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES, IF ANY) ("PROPOSED PRIVATE PLACEMENT")

We refer to the announcements dated 21 November 2023 and 27 November 2023 in relation to the Proposed Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

On behalf of the Board, TA Securities wishes to announce additional information in relation to the Proposed Private Placement as set out in the announcement attached herein.

This announcement is dated 30 January 2024.

Please refer attachment below.