[OLDTOWN] Notice of Person Ceasing Substantial Shareholders - MR LEE SIEW HENG on 26-Feb-2018

Highlights

Stock	[OLDTOWN]: OLDTOWN BHD
Announcement Date	26-Feb-2018

Name	MR LEE SIEW HENG

Currency

Date of Change		Type	Number of Shares
	22-Feb-2018	Disposed	203,477,000

Nature of Interest	Direct and Indirect Interest
Shares	Ordinary Shares
Reason	Arising from acceptances by Old Town International Sdn Bhd and Lee Siew Heng pursuant to the conditional voluntary take-over offer from CIMB Investment Bank Berhad on behalf of Jacobs Douwe Egberts Holding Asia NL B. V. ("Offeror") to acquire all of the issued ordinary shares of OldTown Berhad, not already owned by the Offeror at a cash consideration of RM3.18 per share ("Offer"). Note that the acceptances pursuant to the Offer is subject to the condition that the Offeror receives, on or before the closing date of the Offer, acceptances by the holders of the offer shares (provided that such acceptances are not, where permitted, subsequently withdrawn), which will result in the Offeror, holding in aggregate, more than 50% of the shares excluding shares already held at the date of the Offer by the Offeror.

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