JobStreet Corporation Berhad ("JCB" or "the Company") - Unusual Market Activity
JOBSTREET CORPORATION BERHAD |
Type | Reply to query |
Reply to Bursa Malaysia's Query Letter - Reference ID | RH-070817-43816 |
Subject | JobStreet Corporation Berhad ("JCB" or "the Company") - Unusual Market Activity |
Contents :
We refer to the query of Bursa Malaysia Securities Berhad to the Company dated 17 August 2007 (Ref : RH-070817-43816) pertaining to the unusual market activity of JCB.
Pursuant to Rule 9.11 of the Listing Requirements of Bursa Malaysia Securities Berhad for the MESDAQ Market (“MMLR”), the Board of Directors of the Company, after having made due enquiries, wishes to advise that to the best of their knowledge, they are not aware of any of the following events:-
1. Any corporate developments relating to the business and affairs of the Company and its subsidiaries (the “Group”) that has not been previously announced that may account for the unusual market activity including those in the stage of negotiation/discussion. However, JCB had, on 16 August 2007, released its Second Quarterly Results for financial period ended 30 June 2007;
3. Any other possible explanation to account for the unusual market activity.
We also declare that the Company is in compliance with the MMLR in particular Rules 9.03 and 9.19, on the immediate disclosure requirements.
Query Letter Contents :
We draw your attention to the sharp increase in price in your Company’s sharestoday.
In accordance with the Corporate Disclosure Policy in Response to Unusual
Market Activity pursuant to Rule 9.11 of the Listing Requirements of the Bursa
Malaysia Securities Berhad for MESDAQ Market ("Bursa Securities MMLR"), you are
requested to furnish Bursa Malaysia Securities Berhad (“Bursa Securities”) with
an announcement for public release after making a due enquiry seeking the cause
of the unusual market activity in the Company’s securities.
In this respect, you are also required to publicly confirm, amongst others, the
following:-
1. whether there is any corporate development relating to your Group’s
business and affairs that has not been previously announced that may account
for the unusual market activity including those in the stage of negotiation /
discussion. If yes, kindly provide the details including status of the
corporate development to enable investors to make informed investment decision;
2. whether there is any rumour or report concerning the business and affairs of
the Group that may account for the unusual market activity and in this respect,
you are required to comply with Rules 9.09 and 9.10 of the Bursa Securities
MMLR;
3. whether you are aware of any other possible explanation to account for the
unusual market activity; and
4. your compliance with the Bursa Securities MMLR, in particular Rule 9.03 of
the Bursa Securities MMLR on immediate disclosure obligations.
Please note that the contents of the announcement must be endorsed by the Board
of Directors of the Company and the announcement must reach Bursa Securities by
today via Bursa LINK.
Yours faithfully
JOSEPHINE EDWARD TUNKU SHARIZ TUNKU AZMI
Head, Issuers Investigation & Enforcement Manager, Issuers Investigation &
Enforcement
Investigation & Enforcement Division Investigation & Enforcement Division
Announcement Info
Company Name | JOBSTREET CORPORATION BERHAD (MESDAQ Market) |
Stock Name | JOBS |
Date Announced | 17 Aug 2007 |
Category | General Announcement |
Reference No | CS-070817-66116 |