JobStreet.com - Malaysia


   
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JobStreet.com transfers to Main Board and declares interim dividend
KUALA LUMPUR, 28 Dec 2007

JobStreet.com achieves another major milestone after 12 years in operation as Malaysia’s leading Recruitment Company by successfully transferring to the Main Board of Bursa Malaysia Securities.

JobStreet.com’s maiden journey as a public-listed company began in 2004 when parent company JobStreet Corporation Berhad was listed on the MESDAQ Market of Bursa Malaysia Securities on 29 Nov 2004. With a strong and uninterrupted record of profit growth achieved every year thereafter, JobStreet.com fulfilled the criteria for a listing on the Main Board and submitted the transfer application in July this year, which was subsequently approved by the Securities Commission in October. JobStreet Corporation Berhad is quoted on the Main Board under its new stock short name, JOBST.

With the transfer, JobStreet.com also becomes the first on-line jobsite to be listed on the Main Board of Bursa Malaysia Securities, reinforcing its leadership position in this category. Added to this is the fact that JobStreet.com boasts a base of over one million jobseekers in Malaysia and over four million in the region.

Mark Chang, JobStreet.com Chief Executive Officer, said: “This is a major milestone for the company as it shows the high confidence and trust all our customers, shareholders and jobseekers have placed on JobStreet.com not only in Malaysia, but in all the countries where we operate.” He added:” Being on the Main Board does not mean we will rest on our laurels. In fact this inspires us to work even harder to provide greater value through high levels of service and innovation for our customers and jobseekers.”

Datuk Ali Kadir, Chairman of JobStreet Corporation Berhad added: “JobStreet.com’s successful transfer to the Main Board of Bursa Malaysia Securities is the result of the consistent and strong performance backed by a solid business model and strategy. We are certain that this move will further raise confidence from stakeholders and investors both locally and abroad.”

Simultaneously with JobStreet.com’s transfer to the Main Board, the company has also, on 27 Dec 2007, declared a tax-exempt interim dividend of 1.5 sen per ordinary share which will be paid to shareholders on 28 January 2008.


About JobStreet
JobStreet operates the JobStreet.com (www.jobstreet.com) online recruitment websites presently covering the employment markets in Malaysia, Singapore, Philippines, Indonesia, India and Bangladesh. The Group has also recently established a subsidiary in Japan and invested in Recruit Group Limited in Hong Kong. The Group currently services over 45,000 corporate customers and over four million jobseekers throughout the region.

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