SUBDIVISION / CONSOLIDATION OF SHARES (CHAPTER 13 OF LISTING REQUIREMENTS) JOBSTREET CORPORATION BERHAD (“JCB” OR “THE COMPANY”) (I) PROPOSED SHARE CONSOLIDATION INVOLVING THE CONSOLIDATION OF EVERY FIVE (5) EXISTING ORDINARY SHARES OF RM0.10 EACH IN JCB (“JCB SHARES”) INTO ONE (1) NEW ORDINARY SHARE OF RM0.50 EACH IN JCB (“CONSOLIDATED SHARE”) (“PROPOSED SHARE CONSOLIDATION”); AND (II) PROPOSED AMENDMENT TO THE MEMORANDUM OF ASSOCIATION OF JCB (“PROPOSED AMENDMENT”) (COLLECTIVELY REFERRED TO AS “PROPOSALS”)
| JOBSTREET CORPORATION BERHAD |
| Type | Announcement |
| Subject | SUBDIVISION / CONSOLIDATION OF SHARES (CHAPTER 13 OF LISTING REQUIREMENTS) |
| Description | JOBSTREET CORPORATION BERHAD (“JCB” OR “THE COMPANY”) (I) PROPOSED SHARE CONSOLIDATION INVOLVING THE CONSOLIDATION OF EVERY FIVE (5) EXISTING ORDINARY SHARES OF RM0.10 EACH IN JCB (“JCB SHARES”) INTO ONE (1) NEW ORDINARY SHARE OF RM0.50 EACH IN JCB (“CONSOLIDATED SHARE”) (“PROPOSED SHARE CONSOLIDATION”); AND (II) PROPOSED AMENDMENT TO THE MEMORANDUM OF ASSOCIATION OF JCB (“PROPOSED AMENDMENT”) (COLLECTIVELY REFERRED TO AS “PROPOSALS”) |
Reference is hereby made to the announcements dated 30 January 2015 and 27 February 2015 in respect of the Proposals. The Board of Directors of JCB wishes to announce that Bursa Malaysia Securities Berhad has via its letter dated 12 March 2015, which we received today, approved the Proposed Share Consolidation. The Proposals are subject to the approval of JCB’s shareholders, which will be sought at an extraordinary general meeting to be held on due course. | |
Announcement Info
| Company Name | JOBSTREET CORPORATION BERHAD |
| Stock Name | JOBST |
| Date Announced | 13 Mar 2015 |
| Category | General Announcement |
| Reference No | CC-150310-FDCE3 |
