KORANG Draft Proposal to PricewaterhouseCoopers Malaysia

1. KORANGDraft Proposal to PricewaterhouseCoopers Malaysia

2. KORANG.com Xxx Kuala Lumpur Malaysia PricewaterhouseCoopers Malaysia Level 10, 1 Sentral, Jalan Travers, 50470 Kuala Lumpur Malaysia xx November 2010 Dear Sirs PROPOSAL TO PRICEWATERHOUSECOOPERS MALAYSIA TO BE A PREMIUM PARTNER WITH KORANG.COM TO ATTRACT TALENTS FROM OVERSEAS KORANG.com is a social and networking media that aims engage about 100,000 Malaysian professionals working abroad. The objective is for the site to be a one-stop shop for Malaysian corporations such as PricewaterhouseCoopers Malaysia (“PwC”) seeking young, qualified recruits. By having an online network which connects young professionals from around the world, it enables us to: • identify factors to retain Malaysian talent in Malaysia whilst nurturing the growth of a confident and competitive workforce required for Vision 2020; and • identify and engage Malaysians abroad and through positive action to inculcate, encourage and support their desire to contribute or return to Malaysia. The global economy is becoming much more competitive. The emergence of new, highly competitive regional and global companies, talent has increasing number of opportunities and location options. Hence, there is a need to demonstrate clear value proposition in order to attract and retain these talents. As services sector will account for a much greater share of the economy, i.e. 65% of GDP by 2020, up from 58% in 2010, we believe that we can help create a platform to attract talents from overseas, in line with the Economic Transformation Programme for Malaysia to be a high-income economy status by 2020. We strongly believe that PwC will benefit by becoming a premium partner as this will open up access for you to identify the talents best suited to contribute to your firm. Below are just some of the key highlights of KORANG.com which can help promote your firm and pull the talents back to Malaysia: • connecting Malaysians together with students from top universities and also the working professionals especially in the UK, Australia, the US and Singapore – our team consists of working professional who are based in London, Singapore and Malaysia. • engaging the community– our team is part of the community and you can engage with the members via forums and events or networking sessions shared via korang.com • attracting the right talent– helps you identify the talent and the job openings in your firm live This proposal will detail further on who we are, what we do and how we can help you. We look forward towards becoming a potential strategic partner with PwC so that we can work together and contribute to the country towards becoming a high-income economy status. Yours sincerely, xxx

3. What we offer? Capacity to connect Malaysians together KORANG offers unparalleled reach to thousands of Malaysians living overseas as well as those at home looking for a working environment that suits their wants and needs. Here on KORANG, not only can you advertise employment opportunities, you will also be able to display the dynamics of your corporate culture and ethos on your own interactive profile. Engaging the community Updates on your profile page can include anything from vacancies to new projects and undertakings and even media content that would be of interest to talent you are keen to attract. You will be able to create a community of Malaysians, whether or not they are potential employees, who understand your brand values. These updates will also be reflected on the news feeds of KORANG members whose education background or work experience are related to your sector and those who indicate an interest in your industry or even your specific company.This will give each employer ample opportunity to differentiate themselves from the competition in their respective industries. Collectively, this will increase the visibility of the job market depth in Malaysia. Attracting the RIGHT talent that matches your needs

4. What is going on? Hmm..will my career path progress if working in Malaysia? Where are the talents? How do we reach out? Is it true that working in Malaysia is all work and no play? What do we need to do to attract the talents? Should I work in HK or Singapore or near home? How do we cope with the growth in services sector towards achieving high income economy status?

5. Why partner us? We are a group of young professionals from diverse industries who’ve experienced life both at home and abroad. In short - we are your target market. And this is the kind of solution that excites us. It excites us because we believe that this generation wants a vibrant workplace. What you’re tapping into is the specific knowledge and experience to understand the needs of prospective employees when trying to find a suitable career, i.e., salary, work environment and career progression. The management team that assembled has the best possible capacity to connect with the best talents from top universities and also working professionals, especially in the UK, Australia, the US and Singapore. This will dovetail with the efforts of TalentCorp to overcome some of the problems Malaysia is currently facing in terms of losing human capital to employers outside Malaysia. One of the problems faced by overseas students is that there is no avenue to ensure job security after they graduate. Overseas, in particular the UK and US, graduates are able to secure a job while still in their final year at undergraduate level. In Malaysia, there is not enough interaction and dialogue between those hiring and those being hired. With KORANG, there will be a platform for both employers and prospective employees to communicate in a more efficient, dynamic and centralised manner with minimal cost. Employers can now spot individual talents and personalities that spark their interest and are deemed suitable to work for their company - whether for a future role, a current vacancy, or even in some cases, a brand new position that will add value to the organisation. Both employers and employees will also gain information and participate in a dialogue with KORANG’s management to gain feedback on their recruitment and application strategies and how they could improve their approach.

6. The team from the community Warren Leow, 27, is a co-founder of Korang. Graduated from the LSE in 2006 and has worked in the energy, finance, consulting and public sector. Besides being a self-professed geek, he enjoys discovering new music. warren.leow@korang.com AkmalMokhtar, co-founder of Korang, 23, graduated from LSE. Now working with E&Y, audit clients ranging from advertising, pharmaceuticals, technology and communications. Enjoys outdoor activities, playing the piano and dancing.. Marina CheMokhtar, 26, enjoys networking and delving into new adventures whether it being in physical activities or merely daily challenges at university or work. She thrives to bring the dynamic lifestyle of London after her 6 years living there while obtaining a degree from LSE and ICAEW qualification. marina.mokhtar@korang.com Marc woo [xxx] Shannon Teoh, 29, is an early Korangbangwagon-jumper. Having vacillated from one career path to another, he finds himself with a Masters in Media Studies from SOAS. Finding this combination toxically unemployable, he managed to convince Korang to let him on board where he now wreaks havoc on community and content management. Shannon is a journalist. Andy [xxx]