OTHERS JobStreet Corporation Berhad (the “Company”) - Supplemental Agreement to the Shareholders’ Agreement entered into between Nguyen Hoang Bao and JobStreet.com Pte. Ltd., a wholly-owned subsidiary of the Company
|JOBSTREET CORPORATION BERHAD|
|Description||JobStreet Corporation Berhad (the “Company”)|
- Supplemental Agreement to the Shareholders’ Agreement entered into between Nguyen Hoang Bao and JobStreet.com Pte. Ltd., a wholly-owned subsidiary of the Company
We refer to our announcement on 1 October 2012 and wish to announce that JobStreet.com Pte Ltd (“JobStreet Singapore”), a wholly-owned subsidiary company of JCB had on 14 December 2012 entered into a Supplemental Agreement (“Agreement”) with Nguyen Hoang Bao (“HN”) to amend the Shareholders’ Agreement dated 1 October 2012.
Pursuant to the Agreement, JobStreet Singapore shall hold 81% (instead of 80%) and HN shall hold 19% (instead of 20%) of the ordinary shares in the joint venture company in Singapore, JS Vietnam Holdings Pte. Ltd. (the “JVC”) which shall include the two (2) shares of the subscriber shareholders of the JVC. The JVC is to acquire and hold 99% (instead of 100%) of the ordinary shares of JobStreet Company Limited of Phong C2, Lau 4, Toa Nha IBC, Phuong Ben Nghe, quan 1, Tp Ho Chi Minh, Vietnam (“JobStreet Vietnam”) while the remaining 1% of the shareholding in JobStreet Vietnam is to be retained by HN due to regulatory requirements in Vietnam.
All other salient terms of the Shareholders’ Agreement included in our announcement dated 1 October 2012 remain unchanged.
This announcement is dated 14 December 2012.
|Company Name||JOBSTREET CORPORATION BERHAD|
|Date Announced||14 Dec 2012|