Opcom Holdings Berhad (KLSE:OPCOM) entered into a share sale agreement to acquire 18.03% stake in Binasat Communications Berhad (KLSE:BINACOM) for MYR 39.2 million on September 20, 2023. OVCSB will be acquiring the Sale Shares for total purchase consideration of MYR 39.2 million representing MYR 0.56 per Sale Share. The share sale agreement is expected to be completed by the first week of October 2023.