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June 25, 2018 -Monday

 
  OLDTOWN BERHAD TAKE-OVER OFFER - 90% ACCEPTANCE LEVEL

Wednesday 14/03/2018



OLDTOWN BERHAD ("OLDTOWN")

VOLUNTARY TAKE-OVER OFFER BY JACOBS DOUWE EGBERTS HOLDINGS ASIA NL B.V. ("JDE ASIA" OR "OFFEROR") TO ACQUIRE ALL THE ORDINARY SHARES IN OLDTOWN ("OLDTOWN SHARES") NOT ALREADY HELD BY THE OFFEROR ("OFFER SHARES") ("OFFER")

KUALA LUMPUR, March 14 (Bernama) -- 
We refer to the above and the offer document dated 20 February 2018 which sets out the details, terms and conditions of the Offer ("Offer Docuement").

On behalf of the Offeror, we wish to inform that as at 5.00 p.m. (Malaysian Time) on 13 March 2018, the Offeror has received valid acceptances in respect of the Offer resulting in the Offeror holding more than 90.00% of the OldTown Shares.

Please click here for the full Press Release
 
SOURCE : CIMB Group

FOR MORE INFORMATION, PLEASE CONTACT:
Name : Kuan Sook Cheng
Tel: 03-2261 0328 

Name : Deena Elin Binti Che Khalib
Tel : 03- 2261 0318

--BERNAMA

 
 
 

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