HRnetGroup explained

HRnetGroup
Type:Public
Industry:Employment agency
Founded:1992
Founder:Peter Sim
Hq Location City:Singapore
Area Served:Southeast Asia
Num Employees:883
Num Employees Year:2022

HRnetGroup is a recruitment company based in Singapore. The company operates across multiple industries. HRnetGroup is listed on the Mainboard of the Singapore Exchange.[1]

History

HRnetGroup was founded by Peter Sim in 1992. They have offices in Malaysia, China, Hong Kong, Indonesia, Japan, South Korea and Thailand.

Investments

HRnetGroup holds a 14.47% share in Staffline Group.[2] HRnetGroup acquired a 51% stake in REForce (Shanghai) Human Resources Management Consulting in 2018,[3] invested US$378k in the recruitment website Glints,[4] and acquired 51% stake in REForce (Shanghai) Human Resources Management Consulting.[5]

Notes and References

  1. Web site: SGX welcomes HRnetGroup Limited to Mainboard. Singapore Exchange (SGX). 1 December 2021. 1 December 2021. https://web.archive.org/web/20211201205727/https://www.sgx.com/media-centre/20170616-sgx-welcomes-hrnetgroup-limited-mainboard. live.
  2. Web site: Singapore – HRnetGroup Discloses Change in Voting Rights Interest for Staffline . Staffing Industry Analysts . 6 September 2021 . 6 September 2021 . https://web.archive.org/web/20210906081210/https://www2.staffingindustry.com/row/Editorial/Daily-News/Singapore-HRNetGroup-discloses-change-in-voting-rights-interest-for-Staffline-58027 . live .
  3. Web site: hermes . 12 June 2018 . HRnetGroup in deal to acquire REForce stake . 21 December 2020 . The Straits Times . en . 27 November 2022 . https://web.archive.org/web/20221127071906/http://www.straitstimes.com/business/companies-markets/hrnetgroup-in-deal-to-acquire-reforce-stake . live .
  4. Web site: Tech in Asia - Connecting Asia's startup ecosystem. 6 March 2021. www.techinasia.com. en-US. 9 November 2020. https://web.archive.org/web/20201109012202/https://www.techinasia.com/major-singapore-hr-firm-startup-investment. live.
  5. Web site: hermes . 12 June 2018 . HRnetGroup in deal to acquire REForce stake . 4 February 2021 . The Straits Times . en . 27 November 2022 . https://web.archive.org/web/20221127071906/http://www.straitstimes.com/business/companies-markets/hrnetgroup-in-deal-to-acquire-reforce-stake . live .

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