PRESS RELEASE - OLDTOWN DEALINGS DISCLOSURE

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 27 (Bernama) -- We refer to the announcement dated 11 December 2017 made by OldTown on the Pre-Conditional Voluntary Offer.
 

Pursuant to Paragraph 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 on 26 December 2017 for its discretionary clients, details of which are as follows:
 

Own account/for  discretionary client	Type of Security	Transaction	Quantity	Average Price   RM
Discretionary Client	Ordinary Share	Purchase	87,000	3.0918

Should you require any clarification or further information, kindly contact Kuan Sook Cheng at (03) 2261 0328 and Deena Elin Binti Che Khalib at (03) 2261 0318.

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Yours faithfully 

for CIMB Investment Bank Berhad

Tan Wei Han
Managing Director
Corporate Finance
Investment Banking Malaysia

Kuan Sook Cheng
Director
Corporate Finance
Investment Banking Malaysia

 

SOURCE : CIMB Group