KUALA LUMPUR: OldTown Bhd’s shares on Bursa Malaysia rose in early trade following a RM1.47bil takeover offer from Dutch coffee company Jacobs Douwe Egberts (JDE).
The coffee manufacturer and operator of cafe outlets saw its shares jumped 5.9%, or 17 sen to RM3.05, making it one of the top gainers so far today. About 1.16 million shares were traded.
Already a subscriber? Log in.
Save 30% for ads-free and full access now!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
