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.
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