** Shares of Seek rise as much as 2.1% to A$25.49, their highest level since April 24, after an indicative proposal for recruitment technology company Xref

** Shares of Xref rise as much as 59.3% to hit their highest level since Aug 24, 2023

** Online jobs portal Seek says indicative proposal implies enterprise value of A$45 mln ($30.32 mln) for Xref

** Xref says its board unanimously determined to support the indicative proposal

** Shares of SEK down 6.6% this year, as of last close, while Xref was down 3.6%

($1 = 1.4843 Australian dollars)

(Reporting by John Biju in Bengaluru)

((John.Biju@thomsonreuters.com;))