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 (“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”)
| 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 (“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”) |
We refer to the prior announcements dated 19 February 2014, 21 February 2014, 21 April 2014, 29 April 2014, 8 May 2014, 20 May 2014 and 27 June 2014 in relation to the Proposed Acquisition (“Announcements”). Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said Announcements in relation to the Proposed Acquisition. Further to the announcement on 27 June 2014 in respect of the Proposed Acquisition, the Board of Directors of JobStreet wishes to announce that the Proposed Acquisition has been completed on 30 June 2014 with the listing of 49,400,000 new JobStreet Shares on the Main Market of Bursa Malaysia Securities Berhad. This announcement is dated 30 June 2014. | |
Announcement Info
| Company Name | JOBSTREET CORPORATION BERHAD |
| Stock Name | JOBST |
| Date Announced | 30 Jun 2014 |
| Category | General Announcement |
| Reference No | OD-140627-57111 |
