TIMWELL

0.905

+0.015 (+1.7%)

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 Ultimate Offeror, Wong Wai Foo, has dealt in the Shares as set out below:

 

Transaction date
Nature of transaction


No. of Shares transacted
(1) Transacted price
16 March 2026

Open market acquisition

 

500,000RM0.90000
16 March 2026

Open market acquisition

 

6,200RM0.89500
16 March 2026

Open market acquisition

 

77,800RM0.88981
16 March 2026

Open market acquisition

 

9,000RM0.88556

Note:

 

(1)        Excludes brokerage and other incidental costs.

 

This announcement is dated 17 March 2026.



Announcement Info

Company Name TIMBERWELL BERHAD
Stock Name TIMWELL
Date Announced 17 Mar 2026
Category General Announcement for PLC
Reference Number GA1-06032026-00021


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