Jacobs has 90% of OldTown


PETALING JAYA: Jacobs Douwe Egberts Holdings Asia NL BV (JDE Asia) now holds up to 90.32%, or 418,393,925 of OldTown Bhd shares as at 5pm yesterday. Unless revised or extended, the offer will remain open for acceptance until 5pm on March 20 for the remaining shares, after which OldTown will be delisted.

A compulsory acquisition notice will be sent to dissenting shareholders.

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