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PRESS RELEASE - OLDTOWN BERHAD ("OLDTOWN")
Wednesday 13/12/2017
OLDTOWN BERHAD ("OLDTOWN")
PRE-CONDITIONAL VOLUNTARY CONDITIONAL OFFER BY JACOBS DOUWE EGBERTS HOLDINGS ASIA NL B.V. ("JDE ASIA" OR "OFFEROR") TO ACQUIRE ALL THE REMAINING ORDINARY SHARES OF OLDTOWN NOT ALREADY HELD BY THE OFFEROR ("PRE-CONDITIONAL VOLUNTARY OFFER")
DISCLOSURE OF DEALINGS IN ACCORDANCE WITH RULE 19 OF THE RULES ON TAKE-OVERS, MERGERS AND COMPULSORY ACQUISITIONS ("RULES")
KUALA LUMPUR, Dec 13 (Bernama) -- We refer to the announcement dated 11 December 2017 made by OldTown on the Pre-Conditional Voluntary Offer.
Pursuant to Rule 19.04(1) of the Rules, we wish to inform that CIMB Investment Bank Berhad, who has been appointed as an adviser to the Offeror in connection with the Pre-Conditional Voluntary Offer has dealt in the securities of OldTown for its own account and/or for its discretionary clients, details of which are as follows:
Date | Own account/for discretionary client | Type of Security | Transaction | Quantity | Average Price RM | 12 December 2017 | Discretionary client | Ordinary Shares | Purchase | 110,000 | 3.08 |
Yours faithfully For CIMB Investment Bank Berhad
Tan Wei Han Managing Director Corporate Finance Investment Banking Malaysia Deena Elin Binti Che Khalib Senior Associate Corporate Finance Investment Banking Malaysia |
SOURCE : CIMB Group
FOR MORE INFORMATION, PLEASE CONTACT: Name : Deena Elin Binti Che Khalib Tel : (03) 2261 0318
Name : Kuan Sook Cheng Tel : (03) 2261 0328
--BERNAMA
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