Brief: Seek Says Will Recognise Impairment Of Investment In Zhaopin in FY Results
25/07/2024 03:40
July 25 (Reuters) - Seek Ltd SEK.AX :
* IMPAIRMENT OF INVESTMENT IN ZHAOPIN
* SEEK WILL RECOGNISE A A$141M TOTAL IMPAIRMENT CHARGE
RELATED TO
ITS INVESTMENT IN ZHAOPIN IN ITS FY2024 FINANCIAL RESULTS
* FOLLOWING IMPAIRMENT, SEEK'S CARRYING VALUE OF EQUITY
ACCOUNTED
INVESTMENT IN ZHAOPIN WILL BE A$433M
Further company coverage: SEK.AX
((Reuters.Briefs@thomsonreuters.com;))
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