Disposal of 4.33% equity interest in Cinderella Media Group Limited ("CMGL") via the acceptance of a mandatory unconditional cash offer ("Offer") ("Disposal")
| JOBSTREET CORPORATION BERHAD |
| Type | Reply to Query |
| Reply to Bursa Malaysia's Query Letter - Reference ID | IQL-07102015-00002 |
| Subject | Disposal of 4.33% equity interest in Cinderella Media Group Limited ("CMGL") via the acceptance of a mandatory unconditional cash offer ("Offer") ("Disposal") |
| Description | JOBSTREET CORPORATION BERHAD ("JCB" OR "COMPANY")
DISPOSAL OF 4.33% EQUITY INTEREST IN CINDERELLA MEDIA GROUP LIMITED ("CMGL") VIA THE ACCEPTANCE OF A MANDATORY UNCONDITIONAL CASH OFFER ("OFFER") ("DISPOSAL") |
| Query Letter Contents | We refer to your Company’s announcement dated 5 October 2015, in respect of the aforesaid matter. (1) The date of acceptance of the Offer. (2) The expected date of receipt of the proceeds from the Offer. (3) The estimated time frame to complete the Disposal. (4) The net profits and net assets of CMGL group based on its latest audited accounts. (5) The intended application of the sale proceeds and the breakdown, including the timeframe for full utilisation of proceeds. Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.
Yours faithfully, Cc : Market Surveillance Dept., Securities Commission (via fax) |
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(Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as defined in the announcement dated 5 October 2015 in relation to the Disposal) The Board of Directors of the Company would like to respond to queries raised by Bursa Malaysia Berhad (“Bursa Malaysia”) in relation to the Disposal announcement released on 5 October 2015. Please refer to the attachment for the responses in relation to Bursa Malaysia's queries. This announcement is dated 7 October 2015. |
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Please refer attachment below.
Announcement Info
| Company Name | JOBSTREET CORPORATION BERHAD |
| Stock Name | JOBST |
| Date Announced | 07 Oct 2015 |
| Category | General Announcement for PLC |
| Reference Number | GA1-07102015-00019 |
