MYR1.47 billion pre-conditional voluntary conditional offer for OldTown Berhad by Jacobs Douwe Egberts B.V.
A&G News 12 February 2018
Allen & Gledhill and Rahmat Lim & Partners advised Jacobs Douwe Egberts Holdings Asia NL B.V. (“JDE Holdings Asia”) and Jacobs Douwe Egberts B.V. (“JDE”) on the approximately MYR1.47 billion pre-conditional voluntary conditional general offer to acquire all the issued ordinary shares of OldTown Berhad (“OldTown”).
Allen & Gledhill also advised on the intellectual property (“IP”) due diligence on the IP assets of OldTown across 11 jurisdictions and conducted a detailed analysis of the coverage of its trade mark rights in the markets.
JDE Holdings Asia is the wholly-owned subsidiary of JDE.
Advising JDE Holdings Asia and JDE as to Singapore law were Allen & Gledhill Partners Lee Kee Yeng, Daren Shiau, Elsa Chen, Serena Choo and Isaac Tung.
Advising JDE Holdings Asia and JDE as to Malaysia law was Partner Moy Pui Yee of Rahmat Lim & Partners.