This announcement should be read in conjunction with the earlier announcements made on 19 February 2014, 21 February 2014, 29 April 2014, 12 May 2014, 14 May 2014, 15 May 2014,  24 June 2014, 1 July 2014, 19 August 2014 and 21 August 2014 in relation to the Proposals (“Announcements”). Unless otherwise defined, the terms used in this announcement shall have the same meaning as those defined in the said Announcements in relation to the Proposals.

On behalf of the Board, Affin Hwang Investment Bank Berhad wishes to announce that CCS via their media release dated 8 October 2014, as attached, has indicated that they have, in the course of conducting market consultation on the proposed behavioural commitments (“Proposed Commitments”) offered by SEEK in order to address the potential competition concerns that may arise as a result of the Proposed Disposals, received information that SEEK owns and operates jobs.com.sg in Singapore. To address the potential competition concerns that may arise from SEEK’s ownership of jobs.com.sg, CCS has indicated that they have commenced market consultation on the proposed divestiture commitment offered by SEEK where SEEK will divest, as a going concern, the assets of jobs.com.sg (“Proposed Divestiture Commitment”).

Following the market consultation which shall continue until 17 October 2014, CCS will decide on their acceptance or rejection of the Proposed Divestiture Commitment as well as the Proposed Commitments.

Please refer to the media release as attached.

Further updates on the Proposals will be announced in due course.

This announcement is dated 9 October 2014.