November 8, 2009 – China Career Builder Corp. has signed a letter of intent to acquire 49 percent of Issac Search Ltd of Hong Kong. This acquisition is consistent with the company's strategic business plan, designed to build enterprise value through organic growth and select acquisition opportunities. The company is expected to complete the acquisition by the end of Q4 2009 or early Q1 2010. “We have been selectively considering strategic alliance or acquisition candidates for some time to achieve CCB's strategic vision. We are confident this acquisition with Issac Search Ltd enhances that vision and provides the elements required to expedite our business model,” said Mona Yim, president. China Career Builder Corp. through its subsidiary Asian Career Company Ltd. provides recruitment services focusing on the professional, management, clerical, administrative, IT and industrial market.
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