TIMWELL

0.900

(%)

TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))

TIMBERWELL BERHAD

Type Announcement
Subject TAKE-OVERS & MERGERS (PARAGRAPH/RULE 9.19 (47A))
Description 
TIMBERWELL BERHAD ("TIMBERWELL" OR THE "COMPANY")

CONDITIONAL MANDATORY TAKE-OVER OFFER BY QUATTRINI HOLDINGS SDN. BHD. ("OFFEROR") THROUGH RHB INVESTMENT BANK BERHAD TO ACQUIRE ALL THE REMAINING ORDINARY SHARES IN TIMBERWELL ("SHARES") NOT ALREADY OWNED BY THE OFFEROR, WONG WAI FOO ("ULTIMATE OFFEROR") AND THE PERSON ACTING IN CONCERT WITH THEM ("OFFER SHARES") FOR A CASH OFFER PRICE OF RM0.90 FOR EACH OFFER SHARE ("OFFER")
 
Pursuant to Paragraph 19.05(1) of the Rules on Take-overs, Mergers and Compulsory Acquisitions, the Company wishes to announce that the substantial shareholders of the Company have dealt in the Shares as set out below:


Transaction party
 
Transaction date
 
Nature of transaction
 
No. of Shares transacted
 
(1)Transacted price
 
Lee Ngee Moi
 
12 March 2026
 
Transfer of Offer Shares via acceptance of the Offer
 
2,674,899
 
RM0.90000
 
Harmony Chime Sdn. Bhd.
 
12 March 2026
 
Transfer of Offer Shares via acceptance of the Offer
 
2,367,533
 
RM0.90000
 


Note: (1) Excludes brokerage and other incidental costs.

This announcement is dated 13 March 2026.



Announcement Info

Company Name TIMBERWELL BERHAD
Stock Name TIMWELL
Date Announced 13 Mar 2026
Category General Announcement for PLC
Reference Number GA1-03032026-00023


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