JcbNext Berhad (formerly known as JobStreet Corporation Berhad), an MSC status company, was incorporated in Malaysia on 6 February 2004 and listed on the MESDAQ Market on 29 November 2004. On 27 December 2007, the listing and quotation of the entire issued and paid-up share capital of the Company was transferred to the Main Board of Bursa Malaysia Securities Berhad.
Our Company is principally an investment holding company and is also involved in the digital media advertising space. JcbNext’s roots can be traced back to the internet portal business in Malaysia which began in 1995 under the direction of our founder, Mark Chang. Not long thereafter, the JobStreet.com job portal business became the primary focus of growth and by 1999, the job portal business had expanded to Singapore and Philippines. After the IPO in 2004, the JCBNext Group continued to expand regionally to Indonesia, Thailand and Vietnam. In 2014, a strategic decision was made to sell the JobStreet.com online job portal business to SEEK Ltd at a valuation of RM1.89 billion. The sale allowed the JCBNext Group to immediately unlock substantial value in the business consistent with the Company’s intent of maximizing returns to shareholders.
Today, JcbNext has stakes in associates, 104 Corporation, the largest job site in Taiwan and Innity Corporation Berhad, a leading provider of interactive online marketing platforms and technologies, in Malaysia. In addition, it also operates the Autoworld automotive classifieds and content website. JcbNext also has investments in quoted securities in Hong Kong and Singapore. The Company owns a 8-storey office building in Kuala Lumpur and a 2-storey shoplot in Johor.
JcbNext, while the operator of the JobStreet.com job portal business, has won numerous awards such as the Internet Company of the Year in Malaysia for two consecutive years in 2000 and 2001, Best of Software Application at the Asia Pacific MSC Information Technology and Telecommunications Award 2000, E-Business Site of the Year in the PIKOM-Computimes IT Awards 2001, notable rankings in the KPMG Shareholder Value Awards from 2006-2011, 200 Best under a Billion by Forbes Asia from 2007-2008 and Top Mid-Cap Company at the Malaysian Corporate Governance Index 2011 Awards.
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