Notice of Person Ceasing (Section 139 of CA 2016)
| TIMBERWELL BERHAD |
Particulars of Substantial Securities Holder
| Name | DATO' SRI TIONG KING SING |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class) |
Ordinary Shares |
| Name of registered holder | RHB Nominees (Tempatan) Sdn. Bhd. (OSK Capital Sdn. Bhd. for Tiong King Sing) |
| Date of cessation | 05 Mar 2026 |
| No of securities disposed | 14,210,322 |
| Circumstances by reason of which a person ceases to be a substantial shareholder | Acceptance and transfer for the Offer Shares pursuant to the conditional mandatory take-over offer by Quattrini Holdings Sdn. Bhd. ("Offeror") to acquire all the remaining ordinary shares in Timberwell Berhad not already owned by the Offeror, Wong Wai Foo and person acting in concert with them ("Offer Shares") for a cash offer price of RM0.90 for each Offer Shares. |
| Nature of interest | Direct Interest |
 | |
| Date of notice | 05 Mar 2026 |
| Date notice received by Listed Issuer | 05 Mar 2026 |
Announcement Info
| Company Name | TIMBERWELL BERHAD |
| Stock Name | TIMWELL |
| Date Announced | 06 Mar 2026 |
| Category | Notice of Person Ceasing To Be Substantial Shareholder Pursuant to Section 139 of CA 2016 |
| Reference Number | CS3-05032026-00001 |