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SEEK Provides Response to Zhaopin Media Speculation

16 Sep 2020  |  14:45:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Response to Zhaopin media speculation

SEEK provided response in relation to potential corporate activity involving Chinese employment platform, Zhaopin. The Company updated that in line with its Investments' previously disclosed strategy, the Company regularly assesses strategic options to maximise the long-term growth aspirations of its investments. As reported, Zhaopin and its shareholders are holding discussions with a number of parties to assess whether the introduction of new investors could better support Zhaopin's long term growth aspirations. These discussions may or may not lead to changes with respect to Zhaopin. The Company confirmed that it is in compliance with the Listing Rules and will continue to keep the market informed in accordance with its disclosure obligations.

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