JOBST - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):RELATED PARTY TRANSACTIONS
| Company Name | JOBSTREET CORPORATION BERHAD |
| Stock Name | JOBST |
| Date Announced | 24 Jun 2014 |
| Category | General Announcement |
| Reference No | OD-140624-58732 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | JOBSTREET CORPORATION BERHAD (“JOBSTREET” OR THE “COMPANY”) (I) PROPOSED DISPOSALS; AND (II) PROPOSED DISTRIBUTION (COLLECTIVELY THE “PROPOSALS”) |
We refer to the prior announcements dated 19 February 2014 and 12 May 2014 in relation to the Proposals (“Announcements”). Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said Announcements in relation to the Proposals. Pursuant to the JobStreet SSA, the Proposed Disposals are subject to, amongst others, the approval being granted by the Competition Commission of Singapore (“CCS”) indicating that the CCS approves the completion of the Proposed Disposals without any conditions which in the good faith judgment of SEEK Limited would have a material adverse effect on the expected benefits to SEEK Asia Investments Pte Ltd and its affiliates (including the Disposal Companies from Closing) (“CCS Approval”) from the transactions on or before 1 July 2014 ("Long Stop Date"). The Board had on 12 May 2014 announced that the CCS is further investigating the competitive impact of the Proposed Disposals in Singapore and entering into a Phase 2 review. The CCS has on its media release dated 14 May 2014 announced that a Phase 2 review can take up to 24 weeks to complete and at the end of the Phase 2 review will decide whether to issue a favourable or unfavourable decision. As at the date of this announcement, the Phase 2 review is still ongoing and is not anticipated to be completed by 1 July 2014. Accordingly, without prejudice to JobStreet's rights under the JobStreet SSA, JobStreet and SEEK Asia Investments Pte Ltd are in discussions to agree on an extension to the Long Stop Date under the JobStreet SSA and an adjustment to the consideration given the improved operational performance of JobStreet since a valuation of MYR1,730 million was agreed. Subject to agreement on any adjusted terms of the JobStreet SSA with SEEK Asia Investments Pte Ltd and fulfillment of all conditions precedent under the JobStreet SSA, the Proposed Disposals are now expected to be completed in the third quarter of 2014. Further developments on the above matter will be announced to Bursa Malaysia Securities Berhad in due course. This announcement is dated 24 June 2014. | |
KKB - Changes in Sub. S-hldr's Int. (29B) - Dato Kho Kak Beng
| Company Name | KKB ENGINEERING BERHAD |
| Stock Name | KKB |
| Date Announced | 24 Jun 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-140624-6C0C8 |
Particulars of substantial Securities Holder
| Name | Dato Kho Kak Beng |
| Address | No. 14, Jalan Three Hills Park, Off Jalan Pending 93300 Kuching, Sarawak. |
| NRIC/Passport No/Company No. | 430729-13-5023 |
| Nationality/Country of incorporation | Malaysian |
| Descriptions (Class & nominal value) | Ordinary shares of RM0.50 each |
| Name & address of registered holder | Kho Kak Beng Holding Company Sdn. Bhd. No. 22, 4th Floor, Jalan Tunku Abdul Rahman 93100 Kuching, Sarawak. |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 19/06/2014 | 5,000 | 2.320 |
| Remarks : |
| (i) 4,742,480 shares are registered in the name of Dato Kho Kak Beng. (ii) Deemed interested by virtue of 103,493,720 shares held by Kho Kak Beng Holding Company Sdn. Bhd. in which Dato Kho Kak Beng has substantial interest. |
KKB - Changes in Sub. S-hldr's Int. (29B) - Kho Kak Beng Holding Company Sdn. Bhd.
| Company Name | KKB ENGINEERING BERHAD |
| Stock Name | KKB |
| Date Announced | 24 Jun 2014 |
| Category | Changes in Substantial Shareholder's Interest Pursuant to Form 29B of the Companies Act. 1965 |
| Reference No | CC-140624-6C0BB |
Particulars of substantial Securities Holder
| Name | Kho Kak Beng Holding Company Sdn. Bhd. |
| Address | No. 22, 4th Floor, Jalan Tunku Abdul Rahman 93100 Kuching, Sarawak. |
| NRIC/Passport No/Company No. | 286770-A |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class & nominal value) | Ordinary shares of RM0.50 each |
| Name & address of registered holder | Kho Kak Beng Holding Company Sdn. Bhd. No. 22, 4th Floor, Jalan Tunku Abdul Rahman 93100 Kuching, Sarawak. |
Details of changes
Currency: Malaysian Ringgit (MYR)
| Type of transaction | Date of change | No of securities | Price Transacted (RM) |
| Acquired | 19/06/2014 | 5,000 | 2.320 |
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