Highlights

[OLDTOWN] Notice of Person Ceasing Substantial Shareholders - MAWER INVESTMENT MANAGEMENT LTD. on 01-Mar-2018


Stock [OLDTOWN]: OLDTOWN BHD
Announcement Date 01-Mar-2018

Substantial Shareholder's Particular:

Name MAWER INVESTMENT MANAGEMENT LTD.

Details of Changes:

Currency -

Date of Change Type Number of Shares
26-Feb-2018 Disposed 34,844,250

Nature of Interest Direct Interest
Shares Ordinary Shares
Reason Arising from acceptances by Mawer Investment Management Ltd. ("Mawer") pursuant in relation to the conditional voluntary take-over offer from CIMB Investment Bank Berhad on behalf of Jacobs Douwe Egberts Holdings Asia NL B.V. ("Offeror") to acquire all of the issued ordinary shares of OldTown Berhad ("OldTown"), not already owned by the Offeror at a cash consideration of RM3.18 per share. Valid acceptances by Mawer and other shareholders have resulted in the acceptance condition of the Offeror's holding more than 50.00% of shares in OldTown being fulfilled.



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