BRIEF-Seek Announces Impairment Of Investment In Zhaopin

Reuters

Yesterday

Feb 9 (Reuters) - Seek Ltd SEK.AX:

IMPAIRMENT OF INVESTMENT IN ZHAOPIN
SEEK WILL RECOGNISE A A$356M POST-TAX TOTAL IMPAIRMENT CHARGE IN ITS H1 FY2026 FINANCIAL RESULTS
VALUE OF SEEK'S TOTAL INVESTMENT IN ZHAOPIN AS AT 31 DECEMBER 2025 IS EXPECTED TO BE A$182M
SEEK'S SHARE OF THAT EQUITY HOLDING WOULD BE RETURNED TO SEEK
OWNERSHIP STAKE IN ZHAOPIN WOULD INCREASE FROM 23.5% TO APPROXIMATELY 30% UPON COMPLETTION

Further company coverage: SEK.AX

((Reuters.Briefs@thomsonreuters.com;))

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