Additional Listing Announcement
JOBSTREET CORPORATION BERHAD |
1. Details of Corporate Proposal | |
Whether the corporate proposal involves the issuance of new type and new class of securities? | No |
Types of corporate proposal | Acquisitions |
Details of corporate proposal | JOBSTREET CORPORATION BERHAD (“JOBSTREET” OR THE “COMPANY”) PROPOSED ACQUISITION OF THE REMAINING 40.00% EQUITY INTEREST IN JOBSTREET.COM PHILIPPINES, INC ("JSP") COMPRISING 5,645,600 ORDINARY SHARES OF PHILLIPINES PESO(“PHP”)1.00 EACH IN JSP (“JSP SHARES” OR THE “SALE SHARES”) BY JOBSTREET.COM PTE LTD (“JOBSTREET SINGAPORE” OR THE “PURCHASER”), A WHOLLY-OWNED SUBSIDIARY OF JOBSTREET 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”) |
No. of shares issued under this corporate proposal | 49,400,000 |
Issue price per share ($$) | MYR 2.440 |
Par Value ($$) | MYR 0.100 |
Latest issued and paid up share capital after the above corporate proposal in the following | |
Units | 706,770,600 |
Currency | MYR 70,677,060.000 |
Listing Date | 30/06/2014 |
Announcement Info
Company Name | JOBSTREET CORPORATION BERHAD |
Stock Name | JOBST |
Date Announced | 27 Jun 2014 |
Category | Additional Listing Announcement (ALA) |
Reference No | OD-140627-39928 |