Good morning and a warm welcome to all of you, members of the media, ladies & gentlemen. We are truly honoured to have you here today to witness this very significant event in the history of JobStreet.com and join us in celebrating this partnership with Pembangunan Sumber Manusia Berhad.

As we shift from the industrial economy to knowledge economy, knowledge and information has become the economy's primary raw material. The capital assets that are needed to create wealth will be a company's human capital, rather than its land, factory or equipment.

As the leading online recruitment company in Asia, JobStreet.com has been helping companies in hiring the best knowledge workers and helping jobseekers find the right companies where they can perform to their maximum abilities.

The strategic alliance with PSMB today means a lot to JobStreet.com because we will be able to help more people in securing a job eventually. We know for a fact, despite our current success rate of 70% of filling a position, there are still a number of candidates who may not may be successful (in finding a job) because they may not have the appropriate IT know-how or language skills which are in demand today.

Hence, we applaud the Government's foresight through PSMB to offer these candidates a chance to upgrade themselves. Certainly, JobStreet.com hope that once their retraining is complete, we will be able to place these candidates with our clients -- the 8,000 companies, local & multinational -- who are currently hiring through us.

We look forward to a fruitful partnership with PSMB and hope that this will be a partnership that will above all, benefit all Malaysians.

Ladies and gentlemen, we thank you once again for your presence here today.