GENERAL MEETINGS: NOTICE OF MEETING
| JOBSTREET CORPORATION BERHAD |
|
Type of Meeting | EGM |
| Indicator | Notice of Meeting |
| Description | JOBSTREET CORPORATION BERHAD (“JOBSTREET” OR THE “COMPANY”) (I) PROPOSED ACQUISITION BY JOBSTREET.COM PTE LTD FROM SUMMIT INTERNET INVESTMENTS, INC OF THE REMAINING 40% EQUITY INTEREST IN JOBSTREET.COM PHILIPPINES, INC (“JSP”) COMPRISING 5,645,600 ORDINARY SHARES OF PHILLIPINES PESO 1.00 EACH IN JSP FOR A PURCHASE PRICE OF RM120,536,000 TO BE SATISFIED VIA THE ISSUANCE OF 49,400,000 ORDINARY SHARES OF RM0.10 EACH IN JOBSTREET (“JOBSTREET SHARES”) AT AN ISSUE PRICE OF RM2.44 PER JOBSTREET SHARE (“PROPOSED ACQUISITION OF JOBSTREET.COM PHILIPPINES, INC”); (II) PROPOSED DISPOSAL BY JOBSTREET TO SEEK ASIA INVESTMENTS PTE LTD OR ITS NOMINEE(S) OF ITS ENTIRE EQUITY INTEREST IN JOBSTREET.COM PTE LTD (TOGETHER WITH ALL ITS SUBSIDIARY COMPANIES) AND AGENSI PEKERJAAN JS STAFFING SERVICES SDN BHD, FOR A TOTAL DISPOSAL CONSIDERATION OF RM1,730 MILLION (SUBJECT TO ADJUSTMENTS AS DETAILED IN PART A OF THE CIRCULAR) TO BE SATISFIED ENTIRELY IN CASH AND PAYABLE NET OF DIVIDENDS TO BE RECEIVED BY SEEK INTERNATIONAL INVESTMENTS PTY LTD (BEING A SHAREHOLDER OF JOBSTREET) PURSUANT TO THE PROPOSED DISTRIBUTION (“PROPOSED DISPOSALS”); AND (III) PROPOSED DISTRIBUTION OF APPROXIMATELY RM1,700 MILLION VIA SPECIAL CASH DIVIDEND TO THE ENTITLED SHAREHOLDERS OF JOBSTREET AT AN ENTITLEMENT DATE(S) TO BE DETERMINED AND ANNOUNCED LATER (“PROPOSED DISTRIBUTION”) (COLLECTIVELY KNOWN AS THE “PROPOSALS”) On behalf of JobStreet, HwangDBS Investment Bank Berhad wishes to announce that the Extraordinary General Meeting ("EGM") of the Company will be held at Dewan Berjaya, Bukit Kiara Equestrian & Country Resort, Jalan Bukit Kiara, off Jalan Damansara, 60000 Kuala Lumpur on Wednesday, 14 May 2014 at 3.30 p.m. or at any adjournment thereof, for the purpose of considering and if thought fit, passing the resolutions to give effect to the Proposed Acquisition of JobStreet.com Philippines, Inc, Proposed Disposals and the Proposed Distribution. For further information, please refer to the Notice of EGM dated 29 April 2014 as attached. |
| Date of Meeting | 14/05/2014 |
| Time | 03:30 PM |
| Venue | Dewan Berjaya, Bukit Kiara Equestrian & Country Resort, Jalan Bukit Kiara, off Jalan Damansara, 60000 Kuala Lumpur |
| Date of General Meeting Record of Depositors | 06/05/2014 |
Announcement Info
| Company Name | JOBSTREET CORPORATION BERHAD |
| Stock Name | JOBST |
| Date Announced | 28 Apr 2014 |
| Category | General Meetings |
| Reference No | OD-140428-61785 |
