HRnetGroup

Last updated

HRnetGroup
Company type Public
SGX: CHZ
Industry Employment agency
Founded1992
FounderPeter Sim
Headquarters
Area served
Southeast Asia
Number of employees
883 (2022)
Website www.hrnetgroup.com

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]

Contents

History

HRnetGroup was founded by Peter Sim in 1992. They have offices in Malaysia, China, Hong Kong, Indonesia, Japan, South Korea and Thailand. Frost & Sullivan said in 2020 that when not including Japan, HRnetGroup is the Asia Pacific's biggest staffing firm. [2]

Investments

HRnetGroup holds a 14.47% share in Staffline Group. [3] HRnetGroup acquired a 51% stake in REForce (Shanghai) Human Resources Management Consulting in 2018, [4] invested US$378k in the recruitment website Glints, [5] and acquired 51% stake in REForce (Shanghai) Human Resources Management Consulting. [6]

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References

  1. "SGX welcomes HRnetGroup Limited to Mainboard". Singapore Exchange (SGX). Archived from the original on 1 December 2021. Retrieved 1 December 2021.
  2. "HRNetGroup Ltd". DBS Bank. 12 August 2020. Archived from the original on 19 April 2021. Retrieved 19 April 2021.
  3. "Singapore – HRnetGroup Discloses Change in Voting Rights Interest for Staffline". Staffing Industry Analysts. Archived from the original on 6 September 2021. Retrieved 6 September 2021.
  4. hermes (12 June 2018). "HRnetGroup in deal to acquire REForce stake". The Straits Times. Archived from the original on 27 November 2022. Retrieved 21 December 2020.
  5. "Tech in Asia - Connecting Asia's startup ecosystem". www.techinasia.com. Archived from the original on 9 November 2020. Retrieved 6 March 2021.
  6. hermes (12 June 2018). "HRnetGroup in deal to acquire REForce stake". The Straits Times. Archived from the original on 27 November 2022. Retrieved 4 February 2021.