TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS 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 BY JOBSTREET.COM PTE LTD, 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")
| JOBSTREET CORPORATION BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | 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 BY JOBSTREET.COM PTE LTD, 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") |
We refer to the prior announcements dated 19 February 2014, 21 February 2014, 21 April 2014 and 29 April 2014 in relation to the Proposed Acquisition (“Announcements”). Unless otherwise defined, the abbreviations used throughout this announcement are the same as those previously defined in the Announcements.
On behalf of the Board of JobStreet, HwangDBS Investment Bank Berhad wishes to announce that JobStreet had, on 8 May 2014, submitted the listing application to Bursa Malaysia Securities Berhad in respect of the listing of and quotation for 49,400,000 new JobStreet Shares pursuant to the Proposed Acquisition.
This announcement is dated 8 May 2014. | |
Announcement Info
| Company Name | JOBSTREET CORPORATION BERHAD |
| Stock Name | JOBST |
| Date Announced | 8 May 2014 |
| Category | General Announcement |
| Reference No | OD-140508-43498 |
