Zhaopin recruitment website Jobs DB Hong Kong wholly owned $15.72 million offer


message on June 10, zhaopin in filing with the securities and exchange commission last night the updated version of the prospectus disclosed the company in the near future to reach a deal, according to documents, zhaopin based in Hong Kong will be bought for $15.72 million Jobs DB recruitment website.

zhaopin filing with the securities and exchange commission, according to documents involved in the takeover Jobs DB company registered in British virgin islands and Jobs DB China investment co., LTD., registered in Hong Kong, among them, the latter is a wholly owned subsidiary of the former. Public information, Jobs DB China investment co., LTD., which runs the recruitment website Jobs DB Hong Kong.

according to the acquisition agreement, zhaopin will buy Hong Kong from British Jobs DB company Jobs BD China investment corporation 100% stake, transaction amount is $15.72 million. The transaction is completed, the Jobs BD China investment company will change its name.

public data shows, the Jobs DB talent recruitment website launched in 1998, headquartered in Hong Kong, service network has expanded to include Australia, mainland China, Hong Kong, China, India, Indonesia, South Korea, Malaysia, the Philippines, Singapore, China, Taiwan, Thailand and the United States, 12 countries and regions, in the above areas of staff has more than 1400 people.

zhaopin will be on June 13, listed in nyse to price ceiling of $14.5, the highest circulation 6451500 adss calculation, zhaopin raised $93.55 million, highest market value of about $742 million.

on May 5, zhaopin first submit a prospectus, stock trading code for “ZPIN”, listed locations for the New York stock exchange, the underwriters is credit suisse and UBS, an Investment Bank (UBS Investment Bank).

zhaopin price range of $12.5 to $14.5, circulation of 5.61 million American depositary shares (ADS), and underwriters 841500 adss, highest the highest circulation 6451500 adss.